Empower Semiconductor

Application Specific Semiconductors · San Jose, CA · Founded 2013 · Privately Held (backing)

Manufacturer of semiconductors intended to design efficient integrated voltage regulators in processors and memory. Empower Semiconductor is based in San Jose, CA and was founded in 2013. It is valued at about $192 million as of Oct 2026, set by institutional fund marks. It has raised $236 million across 2 recorded rounds; the latest was a $140 million Series D in Jun 2025.

PMV mark · valuation
$192.0M
Oct 2026
Priced at
—
Total raised
$235.7M
Last round
Later Stage VC (Series D)
Jun 2025

Empower Semiconductor key facts

as of Oct 2026
  • Manufacturer of semiconductors intended to design efficient integrated voltage regulators in processors and memory.
  • Empower Semiconductor is valued at approximately $192.0M as of Oct 2026, per PrivateMarketView’s mark.
  • It has raised $235.7M across 2 recorded rounds; the latest was Later Stage VC (Series D) ($140.0M) in Jun 2025.
  • Notable investors include Fidelity Management & Research Company, U.S. Department of Energy, Raptor Group, CapitalG, Atreides Management — 15 tracked in total.
  • 4 institutional filers report fund marks on Empower Semiconductor across 32 filings.
  • Empower Semiconductor has filed 1 Form D with the SEC, most recently Oct 2021 ($44.7M sold to 42 investors).
  • Status: Privately Held (backing).
PrivateMarketView mark
LOW confidence
$192.0M

Reported valuation; nothing comparable since.

set by institutional fund marksas of Oct 2026question about this number?
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Institutional fund marks on Empower Semiconductor

4 filers · latest Jul 2026

4 SEC-registered funds reported 32 fair-value marks on Empower Semiconductor between Jul 2025 and Jul 2026. Filer-level marks and implied $/share are available to Pro members.

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Empower Semiconductor funding rounds

2 rounds
Jun 2025Later Stage VC (Series D)$140.0M▮
Jul 2021Early Stage VC$44.7MSEC filing▮

Empower Semiconductor valuation

Empower Semiconductor is valued at approximately $192 million as of Oct 2026. The figure is set by institutional fund marks.

Recent activity

In the last 90 days, Empower Semiconductor's record added 4 institutional fund marks (latest period Jul 2026).

How much has Empower Semiconductor raised?

Empower Semiconductor has raised $236 million in total; 2 of its rounds are on record. The largest on record was a $44.7 million early-stage round in Jul 2021; the most recent was a $140 million Series D in Jun 2025.

Empower Semiconductor has filed 1 Form D with the SEC, most recently in Oct 2021 ($44.7 million sold to 42 investors).

Institutional holders and vehicles

4 SEC-registered funds reported 32 fair-value marks on Empower Semiconductor between Jul 2025 and Jul 2026, in their N-PORT filings. Filer-level marks and implied per-share values are available to Pro members.

Empower Semiconductor investors

15 investors are on record for Empower Semiconductor, including Fidelity Management & Research Company, U.S. Department of Energy, Raptor Group and CapitalG. By type, the record holds 3 venture capital firms and 2 growth equity firms. The Series D in Jun 2025 drew 8 investors.

Comparable companies

Comparable application specific semiconductors names by valuation on PrivateMarketView: Ethernovia ($370 million), Baya Systems ($169 million) and Cysic ($112 million).

About Empower Semiconductor

Manufacturer of semiconductors intended to design efficient integrated voltage regulators in processors and memory. The company's products specialize in a patented power management architecture with no external components, ranging from low-power mobile devices to high-powered server and communications systems, enabling businesses to redefine the cost, size, and energy efficiency of voltage regulators for applications.

Industry
Application Specific Semiconductors
Sector
Information Technology
HQ
San Jose, CA, United States
Founded
2013
Employees
63
Ownership
Privately Held (backing)

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