AlpSemi raises €17 million for wide-bandgap power switch development for AI data centers and electrical grids

Type: Financing · Technology: Data Center · Country: France · Value: $19.5M · Announced: 2026-06-23

French startup AlpSemi secured €17 million ($19.5 million) in a financing round led by Yotta Capital, with participation from SE Ventures, Navitas Semiconductor, and Cycle Group. The funds will support the development and commercialization of AlpSemi's next-generation wide and ultra-wide bandgap semiconductor power switches. These power switches are designed for solid-state circuit breakers in residential and commercial buildings, as well as 800V direct current AI data centers. The investment aims to accelerate the semiconductor roadmap for large-scale deployment of solid-state circuit breakers, contributing to safer and more efficient power protection and conversion architectures globally.

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