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AlpSemi raises $19.5M to make semiconducting power switches for AI data centers

Summary

French semiconductor startup AlpSemi SAS today announced that it has raised €17 million, or about $19.5 million, in funding. The investment was led by Paris-based private equity firm Yotta Capital. Nasdaq-listed chipmaker Navitas Semiconductor Corp., SE Ventures and Cycle Group contributed as well.

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Signals increasing investor interest and capital allocation in AI startups.

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AlpSemi raises $19.5M to make semiconducting power switches for AI data centers | AI Timeline | Spidits | Spidits