SuVolta secures $10.6m in corporate and venture funding

20th January 2014

SuVolta, Inc

Nat Bowers

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Following a round of corporate and venture funding, SuVolta announces that it has raised $10.6 million (USD) to accelerate the integration of its low-power chip technology into the design and fabrication of semiconductor ICs for ultra-low power applications, such as DRAM, the Internet of Things and mobile computing.

The funding round included participation from new investor Fujitsu Semiconductor, as well as existing investors Kleiner Perkins Caufield & Byers, August Capital, New Enterprise Associates, Northgate Capital and DAG Ventures.

Based in Silicon Valley, SuVolta develops and licenses transistor and design technologies which enable ICs to deliver optimum power and performance. Using planar, bulk CMOS, SuVolta’s technology can offer significant power-performance improvements to CMOS-based logic IC’s from 90-20nm, as well as DRAM ICs. By using DDC technology, the company also provides the flexibility required by designers for the development of low-power improved products. These include processors, memories, and SOCs that are critical to today's mobile systems.

Haruyoshi Yagi, Corporate Senior Executive Vice President, Fujitsu Semiconductor, comments: “Fujitsu Semiconductor is committed to advancing the development of energy efficient products for the consumer and mobile markets. Our investment in SuVolta is a reflection of the excellent working relationship between the companies and our confidence in the value of DDC technology at a variety of process nodes.”

"As we move towards an increasingly connected world, reducing power consumption and controlling costs are the semiconductor industry’s greatest challenges. SuVolta is solving these challenges while enhancing the industry’s most cost-effective process technology – planar, bulk CMOS – which is critical for the emerging Internet of Things market,” commented Forest Baskett, Board Member, SuVolta and General Partner, New Enterprise Associates.

Bruce McWilliams, President and CEO, SuVolta, concluded: “This funding demonstrates the excitement surrounding our technology and the benefits it can bring large markets such as DRAM, IoT and mobile computing. With DDC technology now in volume production, we are seeing increased interest from leading foundries and semiconductor companies seeking a competitive advantage through ultra-low-power optimization.”