Powervation Ltd is a hardware and semiconductor startup that was founded in 2006. The company offers innovative Auto-controlâ„¢ digital power IC solutions for manufacturers in various industries including Computing, NetComms, and Storage. Their technology aims to optimize power-supply performance and efficiencies, ultimately reducing design complexity and cost, and accelerating time-to-market of eco power-smart systems. In December 2014, Powervation secured a $4.00M Debt Financing investment, with participation from significant investors such as Braemar Energy Ventures, Intel Capital, Ares Capital, Scottish Equity Partners, Venturetech Alliance LLC, 4th Level Ventures, and Semtech. This funding is expected to further propel the company's growth in the semiconductor and hardware space.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Debt Financing | $4.00M | 7 | Semtech | 22 Dec 2014 |
Series C | $5.50M | 4 | 12 Feb 2014 | |
Series C | $7.00M | 5 | Semtech | 05 Dec 2012 |
Series B | Unknown | 5 | 16 Nov 2009 | |
Series B | $10.00M | 4 | 29 Jul 2009 |
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