India, Feb. 16 -- Semiconductor startup C2i Semiconductors has raised $15 Mn (around Rs.136 Cr) in its Series A funding round led by Peak XV Partners, with participation from TDK Ventures and existing backer Yali Capital.

The startup plans to use the funds to accelerate the development of "next-generation, high-density, ultra-reliable system-level power delivery solutions" for AI computing.

Founded in 2024 by Vikram Gakhar, Preetam Charan Anand Tadeparthy, and Ramprasad Ananthaswamy, C2i (abbreviation for conversion, control, and intelligence) Semiconductors is is building power management solutions for the next generation of AI data centres and cloud infrastructure.

With increasing AI workloads scale and compute density, power deliver...