SuVolta raises $17.6M for IC power-control tech

January 5, 2012 — Marketwire — SuVolta Inc. secured $17.6 million in venture funding from all existing investors as well as new investor Bright Capital. SuVolta developed the PowerShrink low-power IC technology, which cuts chip power consumption by 50-90%.

Investors: Bright Capital, Kleiner Perkins Caufield & Byers (KPCB), August Capital, New Enterprise Associates (NEA), Northgate Capital, DAG Ventures and others.

SuVolta will apply the funding to developing low-power silicon technologies for semiconductors. SuVolta’s PowerShrink low-power CMOS platform enables semiconductor companies to cut chip power in half without impacting performance or functionality, and without a node migration. The company’s strength is its power-saving technology that does not require enormous fab or chip design investments, said John Doerr, partner at Kleiner Perkins Caufield & Byers.

More about SuVolta’s technology: SuVolta’s DDC transistor technology and Mobile SoCs can have low power without dopants, says SuVolta

Forest Baskett, general partner at NEA, noted that investments in core semiconductor technologies have declined in the past 5 years, even amidst "impressive innovations with the web and mobile devices." The Global Semiconductor Alliance (GSA) shows supplier funding (e.g., IP, EDA/design, foundry, test, packaging) at $717.5M in 2007 compared to $272.2M in 2010, with 2011 tracking at roughly half the rate of last year as reported in the Global Semiconductor Funding, IPO and M&A Update.

SuVolta, Inc. develops and licenses scalable semiconductor technologies that enable a significant reduction in IC power consumption while maintaining performance. For more information visit www.suvolta.com.

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