C2i Semiconductors raises $15M led by Peak XV Partners

C2i Semiconductors, a Bengaluru-based semiconductor startup, on Monday said it raised $15 million in a Series A funding round led by Peak XV Partners, with participation from Yali Deeptech and TDK Ventures.

The startup will primarily use the funds towards product development and global expansion. It had previously raised $4 million from Yali Deeptech in November 2024.

Founded in 2024 by Ram Anant, Vikram Gakhar, Preetam Tadeparthy, and Dattatreya Suryanarayana, along with Harsha S B and Muthusubramanian N V as co-founders, C2i Semiconductors is building power management solutions designed for the next generation of AI data centres and cloud infrastructure.

Speaking on the funding, Co-founder and CEO Ram Anant said, “AI is fundamentally reshaping how data centres are designed and built, and power delivery has emerged as one of the most critical constraints to scaling infrastructure. At C2i, we are developing power platforms purpose-built for this new era of computing.”

According to the startup, power delivery has emerged as one of the most critical constraints in modern data centre design, as AI workloads scale and compute density increases. Architectures built for an earlier era of computing are increasingly stretched on efficiency, reliability, and scalability.

C2i addresses this challenge by rethinking power delivery at a system level. Instead of incremental improvements to individual components, the startup is building configurable, platform-based power architectures that span the stack from grid to core. Its approach enables higher power density, simpler system design, and faster deployment, while meeting the reliability requirements of large-scale AI infrastructure.

Peak XV Partners Managing Director Rajan Anandan said, “Power has become a major bottleneck in scaling AI. Addressing this challenge requires deep expertise across hardware and systems. Their approach to power management can significantly extend GPU longevity and unlock billions of dollars in savings for the industry.”

The founding team brings decades of experience building and scaling power and mixed-signal semiconductor platforms at global companies, such as Texas Instruments, National Semiconductor, Maxim Integrated, and Sanyo. Their experience spans the full stack, from system architecture and silicon design to validation, reliability, and large-scale deployment.