LONDON – Startup SuVolta Inc., a developer of a low-power bulk CMOS process technology, has announced it has raised $17.6 million in a round of venture capital funding.
The money will be used to continue the development of SuVolta's process technology and help apply it to mobile and other digital applications where power consumption is critical, SuVolta (Los Gatos, Calif.) said.
New investor Bright Capital participated in the round, joining SuVolta's existing investors including Kleiner Perkins Caufield & Byers (KPCB), August Capital, New Enterprise Associates (NEA), Northgate Capital, DAG Ventures and others.
SuVolta's claim is that its PowerShrink CMOS platform, enables semiconductor companies to cut chip power in half without sacrificing performance, losing functionality, or having to migrate to a more advanced – and costly – semiconductor process node. It also represents a low-cot option when compared with a FinFET-based process technology or fully-depleted silicon-on-insulator, the company argues.
"SuVolta's revolutionary PowerShrink transistor is a stunning and disruptive innovation, a true game-changer," said John Doerr, partner at Kleiner Perkins Caufield & Byers, in a statement issued by SuVolta. "It solves the semiconductor industry's greatest challenge – power – without requiring billions of dollars investment in new fab facilities and chip designs. So partners and investors are racing to exploit this enormous opportunity."
At the International Electron Devices Meeting (IEDM) last month in Washington D.C., SuVolta along with its development partner and licensee, Fujitsu Semiconductor Ltd., demonstrated power consumption reduction with the ultra-low-voltage operation of SRAM blocks down to 0.425-V.
SuVolta entered the Silicon 60, EE Times' list of emerging startup companies at version 11.0 in October 2010. The latest edition of the Silicon 60 is version 12.5, which is the subject of a detailed technology and employment digital edition which can be accessed via http://e.ubmelectronics.com/Silicon60/index.html
Related links and articles:
IEDM: SuVolta transistor operates down to 0.4-V
SuVolta describes low power transistor
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