Empower Semiconductor announced it has closed more than $140 million in Series D financing. The round was led by Fidelity Management & Research Company with participation from Maverick Silicon, CapitalG, Atreides Management, Socratic Partners, Walden Catalyst Ventures, Knollwood, and a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA). Barclays Capital served as exclusive placement agent for the transaction.
The financing will support company growth in AI infrastructure and further developments in how AI processors are powered. “The syndicate we now have backing Empower underscores the strength of our technology lead, market opportunity and depth of customer adoption,” said Tim Phillips, Founder & CEO of Empower Semiconductor. “Over the coming quarters, we’re set to transform the AI market with our revolutionary technology, enabling gigawatts of energy savings and improved throughput of AI platforms across data centers worldwide.”
Empower Semiconductor’s power-delivery architecture targets efficiency and throughput for AI-class processors in data centers. (Image courtesy of Components Source Network/Editorial Stock Image)
Investors cited the urgency of next-generation power solutions for AI and data centers. “Empower is solving the critical bottleneck in modern AI computing with a platform that combines technical leadership and commercial momentum,” said Andrew Homan, Managing Partner at Maverick Silicon. “As power demand in data centers continues to rise, a new technology is required to enable the next generation of AI performance and Empower is setting the standard. We are thrilled to participate in their journey and success.”
“Empower has demonstrated a clear vision, execution and leadership in power delivery, one of the most critical enablers of AI infrastructure,” added James Luo, General Partner at CapitalG, Alphabet’s independent growth fund. “We’re excited to support the Empower team as their highly differentiated technology is having a tremendous impact on the scaling of Data Centers and performance of AI.”
About Empower Semiconductor
Empower Semiconductor, based in Silicon Valley, develops power-delivery solutions for AI-class processors and data centers. The company’s FinFast™ technology and integrated voltage regulators provide on-demand, scalable power with the speed, precision, and signal integrity required by advanced processors. Empower’s architecture reduces solution footprint, height, and component count to enable vertical power delivery with high power density and efficiency. Learn more at www.empowersemi.com.
(Editor’s Note: All trademarks mentioned in this article, including company names, product names, and logos, are the property of their respective owners. Use of these trademarks is for informational purposes only and does not imply any endorsement.)
Molly is the Founder, Publisher, and Editor-in-Chief of Components Source Network, the industry’s first and only known 100% woman- and disability-owned and led B2B publishing platform serving the global high-tech manufacturing and engineering sectors. Her portfolio includes Semiconductor Industry Monthly and ten additional specialized e-news sites. With more than 25 years of experience spanning strategic technical marketing, public relations, and business development in highly specialized technical markets, she also leads Embassy Global, LLC, a virtual consultancy that has supported the growth of more than 200 high-tech industry brands worldwide since 2008. In addition to her publishing and advisory work, Molly has been appointed to serve as Second Vice Chair of the Government Team for the Women’s Business Enterprise National Council (WBENC) Forum, beginning in 2026, supporting policy development and advocacy initiatives advancing women-owned businesses. A long-standing voice for small business, supplier diversity, and women in STEM, she was also a 2025 finalist for the WBEC Metro New York Outstanding Advocate Award. Connect with her on LinkedIn.
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