Empower raises $30m financing to further accelerate product and customer momentum worldwide

▤ Summary

The investment, which doubles the company’s previous valuation strengthens Empower’s mission to minimize the energy footprint of the digital economy. It will also enable the Company to quickly bring to market state-of-the-art, high-speed power architectures delivering industry-leading power density and transient response as required by next-generation high-performance data centres and AI chips. It also expands Empower’s ability to engage with and support Tier 1 customers worldwide. “Investors are seeing the remarkable impact our technology is having on customers globally, in particular in data centres and AI. Our technology enables a leap in processor performance that traditional power solutions simply won’t allow.

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