C2i Semiconductors
Category: AI Infrastructure
A fabless semiconductor company developing high-efficiency 'grid-to-core' power delivery solutions designed to eliminate energy bottlenecks in AI data centers. C2i Semiconductors was founded in 2024. The company is led by Ram Anant. Based in Bengaluru, India. Team size: 11-50. Total funding raised: $20.7M. Latest round: Series A. Key investors include Peak XV Partners, TDK Ventures, Yali Deeptech, Lip-Bu Tan (Walden International), Navam Capital.
- Founded
- 2024
- Headquarters
- Bengaluru, India
- Team size
- 11-50
- Total funding
- $20.7M
Value proposition
Minimizes energy conversion losses across the entire power chain, enabling higher compute density and significantly lower operational costs for power-hungry AI workloads.
Products and solutions
Manas Controller (software-defined voltage regulator controller), Sarayu Smart Power Stage, Grid-to-Core / Grid-to-GPU Power Delivery Platforms, Modular multi-phase VR scalability architecture, Intelligent Power Management ICs (PMICs), Embedded Power Control Software
Unique value
Employs a holistic 'Grid-to-Core' architecture that rethinks power flow as a single integrated system rather than a series of disconnected components, specifically optimized for the extreme current demands of next-gen AI processors.
Target customer
Hyperscale data center operators, AI hardware manufacturers (GPU/TPU designers), and cloud infrastructure providers.
Industries served
Semiconductors, AI Infrastructure, Data Centers, Cloud Computing, High-Performance Computing (HPC)
Technology advantage
Led by a team of Texas Instruments veterans with over 100 combined years of experience and 100+ US patents in analog/mixed-signal and power design, providing a deep R&D advantage in solving the thermal and efficiency limits of modern AI racks.
How they differentiate
C2i differentiates through a holistic 'grid-to-core' architecture that treats power delivery as a single integrated system rather than discrete stages, including software-defined VR (Manas) and smart power stage (Sarayu) IP targeting >96% conversion efficiency. Primary edge is a founding team of Texas Instruments veterans with 100+ combined years and 100+ US patents in analog/mixed-signal power design.
Main competitors
Vicor Corporation, Monolithic Power Systems (MPS), Infineon Technologies
Key partnerships
Peak XV Partners (Lead Investor), TDK Ventures (Strategic Investor), Yali Deeptech, Lip-Bu Tan (Strategic Advisor & Investor), PMBus/SMIF (Standardization Adopter)
Notable customers
Hyperscale Data Center Operators (Target), AI Chip Designers (Target)
Major milestones
Company founded in June 2024 by former Texas Instruments executives, Secured $4M Seed funding led by Yali Deeptech in November 2024, Raised $15M Series A first tranche led by Peak XV Partners in February 2026, Extended Series A to $16.7M with TDK Ventures (May 2026), Taped out first smart power-stage chip for AI infrastructure (May 2026), designed/verified in India
Growth metrics
Scaled to ~65 engineers within ~18 months of founding; closed $20.7M total capital (Series A extended to $16.7M in May 2026); taped out first India-designed smart power-stage chip for AI servers.
Market positioning
Deep-tech semiconductor challenger focused on the AI infrastructure power bottleneck.
Geographic focus
Global (R&D based in India; targeting hyperscale data centers in North America, Europe, and Asia-Pacific).
Patents and IP
Company has filed 9 patents with 22 more pending; founding team collectively holds 100+ US patents in power semiconductors and mixed-signal design. Core proprietary IP includes Manas (software-defined controller) and Sarayu (smart power stage).
About Ram Anant
Ram Anant (Ramprasad Ananthaswamy) is a semiconductor industry veteran with over 30 years of experience at Texas Instruments (TI). He previously served as the Director of Power Management Products at TI India, where he led the development of energy-efficient power solutions. He is a recognized specialist in power management, analog/mixed-signal design, and semiconductor product strategy.
Latest news about C2i Semiconductors
- C2i Semiconductors raises $15M from Peak XV in largest round for an Indian chip startup
- Bengaluru-based C2i Semiconductors secured 15 million USD in Series A funding led by Peak XV, with backing from Intel CEO Pat Gelsinger. The startup targets the AI data center power bottleneck through
- Bengaluru-based C2i Semiconductors has raised 15 million dollars in Series A funding led by Peak XV and TDK Ventures to solve the AI power bottleneck. As next-gen GPUs surpass 1,000W, traditional powe
- C2i Semiconductors secured 15 million dollars led by Peak XV to fix AI data center power bottlenecks. Their grid-to-core platforms target the 15-20 percent energy waste in voltage conversion, aiming f
- C2i Semiconductors raised 15 million dollars in Series A funding led by Peak XV to tackle the critical power bottleneck in AI data centers. Legacy conversion processes waste up to 20 percent of energy
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Official website: https://c2isemi.com/
