Empower Announces a $45 Million Series C1 Financing to Fund Global Expansion and Development of Next-Generation Semiconductors
Empower Semiconductor, the world leader in Integrated Voltage Regulators (IVRs), has closed a $45 million equity financing led by Mesh Ventures and including existing investors Samsung Catalyst Fund, Hallador and Regal I. The financing will further accelerate the global expansion of its sales force and operational footprint as well as fund development of its next generation integrated voltage regulator (Empower IVR™) semiconductor technology.