Bengaluru-based chip design startup C2i Semiconductors has secured $15 million in a Series A funding round led by Peak XV Partners, strengthening its push into next-generation power-management semiconductor solutions for AI data centers and cloud infrastructure.
The latest investment takes the company’s total private funding to approximately ₹170 crore, following an earlier $4 million round in 2024 led by Yali Capital.
Funding to Boost High-Density Power Delivery Technology
The Series A round is expected to accelerate the development of high-density, ultra-reliable system-level power delivery solutions. Alongside the fresh capital, the startup continues to receive support under the government’s Design Linked Incentive Scheme.According to the announcement made on Monday, the funding will help fast-track C2i’s work in building advanced power-management semiconductor systems tailored for high-performance AI workloads and next-generation digital infrastructure.
Rajan Anandan, Managing Director at Peak XV, said the company’s approach to power management has the potential to significantly extend the lifespan of GPUs and unlock substantial industry-wide cost savings.
Grid-to-Core Innovation for AI Servers
C2i Semiconductors redesigns how electricity flows within a server, from the incoming power source to the processor chip, through what it describes as a grid-to-core approach.Its technology functions as an intelligent power control system for data centers. The solution aims to ensure that high-performance AI systems operate reliably, efficiently, and continuously, addressing the increasing power demands of AI-driven workloads.
With AI data centers requiring stable and efficient power delivery to support intensive computing operations, system-level innovations in power management have become critical to improving performance and durability.
DLI Scheme Strengthens Semiconductor Design Ecosystem
C2i is among the startups supported under India’s Design Linked Incentive Scheme, announced in 2022 to strengthen the country’s semiconductor design ecosystem.The scheme is structured to reduce upfront risk in semiconductor ventures, which typically involve long development cycles, substantial R&D expenditure, and elevated technical risk before revenue generation. It provides financial assistance and access to advanced electronic design automation tools and intellectual property cores.
Startups are onboarded through a rigorous screening and evaluation process conducted by a committee of technical and industry experts. This structured intervention is aimed at supporting credible deep-tech companies while enhancing investor confidence and commercial viability.
India’s semiconductor program focuses on reinforcing both design and manufacturing capabilities, with an emphasis on building domestic intellectual property and globally competitive product companies. As the ecosystem evolves, startups backed under the DLI framework are attracting increasing interest from investors and the broader user community.
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