PowerLattice attracts investment from ex-Intel CEO Pat Gelsinger for its power saving chiplet

PowerLattice, a startup founded in 2023 by veteran engineers from Qualcomm, NUVIA, and Intel, has developed a novel power delivery chiplet that reduces computer chip power consumption by over 50%. This innovation addresses the growing demand for energy-efficient semiconductor solutions amid the increasing compute capacity needs driven by AI workloads and large language models. The company recently emerged from stealth with a $25 million Series A funding round led by Playground Global and Celesta Capital, bringing total funding to $31 million. Pat Gelsinger, former Intel CEO and general partner at Playground Global, endorsed PowerLattice’s technology, highlighting the team's expertise and the significance of their power delivery approach. PowerLattice’s chiplet works by bringing power closer to the processor, thereby minimizing energy loss. The startup has reached a key milestone with its first batch of chiplets produced by TSMC and is currently undergoing testing with an unnamed manufacturer. The company plans to expand testing to other potential customers, including major chipmakers