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Sep 22, 2025 12:00 PM

Empower Semiconductor Secures Over $140M in Series D Financing

SAN JOSE, Calif., Sept. 22, 2025 (GLOBE NEWSWIRE) -- Empower Semiconductor, the world leader in powering AI-class processors, today announced the closing of more than $140M in Series D financing. The investors, led by Fidelity Management & Research Company, include Maverick Silicon, CapitalG, Atreides Management, Socratic Partners, Walden Catalyst Ventures, Knollwood and a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA). Barclays Capital acted as exclusive placement agent on the transaction.

The financing will accelerate Empower's unprecedented growth in the AI space and drive continued technology breakthroughs in how AI processors are powered. "The syndicate we now have backing Empower underscores the strength of our technology lead, market opportunity and depth of customer adoption," said Tim Phillips, Founder & CEO of Empower Semiconductor. "Over the ...