C2i Semiconductors, a Bengaluru innovator under India’s DLI umbrella, announced a $15 million Series A funding round on Monday, led by Peak XV Partners. This brings total private funding to nearly 170 crore rupees, on top of $4 million raised in 2024 and government incentives.
The investment will supercharge R&D for power management chips optimized for AI-driven data centers and cloud platforms. C2i’s focus on high-density, dependable power delivery positions it at the forefront of efficient computing solutions.
Rajan Anandan of Peak XV praised the tech’s potential to prolong GPU life and deliver massive savings. By redesigning server power flows via a ‘Grid to Core’ strategy, C2i ensures seamless, secure energy transfer from supply to chip, mimicking a smart oversight system for data centers.
Reliable, high-output AI operations depend on such advancements, especially as digital demands explode. India’s strategy, per Minister Ashwini Vaishnaw, balances design prowess with manufacturing to spawn IP-rich global players.
Since 2022, DLI has eased barriers for semiconductor startups—extensive timelines, R&D burdens, tech uncertainties—offering grants, EDA software, and IP resources after stringent reviews. This framework has amplified investor enthusiasm, with C2i’s rounds exemplifying the scheme’s impact.
As India’s chip design scene flourishes, DLI-backed ventures like C2i are magnets for capital, heralding an era of self-reliant tech leadership and international competitiveness.