When was MONOLITH SEMI founded?

MONOLITH SEMI was founded in 2013 and raised its 1st funding round within a year of its incorporation.

Where is MONOLITH SEMI located?

MONOLITH SEMI is headquartered in Ithaca, United States.

Who is the current CEO of MONOLITH SEMI?

Sujit Banerjee of MONOLITH SEMI.

How many employees does MONOLITH SEMI have?

As of Jul 01, 2024, the latest employee count at MONOLITH SEMI is 4.

Is MONOLITH SEMI a funded company?

MONOLITH SEMI is a funded company, having raised a total of $18.5M across 7 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Jul 01, 2013.

When was the latest funding round of MONOLITH SEMI?

MONOLITH SEMI's latest funding was a $***** Series B round on Mar 02, 2017, with participation from 1 investor.

Where does MONOLITH SEMI rank among its competitors?

MONOLITH SEMI ranks 115th amongst 5716 active competitors, of which 145 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Nexperia, which secured $60M in Feb, 2026.

Who are the top competitors of MONOLITH SEMI?

MONOLITH SEMI's top competitors include Murata, FADU and DuPont. Among them, Nexperia secured the most recent funding round in February, 2026.

MONOLITH SEMI - 2026 Company Profile, Team, Funding & Competitors

MONOLITH SEMI is an acquired company based in Ithaca (United States), founded in 2013 by Larry Rowland and Kiran Chatty. It operates as a Developing energy efficiency solutions. MONOLITH SEMI has raised $18.5M in funding from Littelfuse. The company has 5716 active competitors, including 145 funded and 532 that have exited. Its top competitors include companies like Murata, FADU and DuPont.

Company Details

Monolith Semiconductor exclusively uses the Cornell NanoScale Science and Technology Facility (CNF) to make advanced silicon carbide MOSFET switches, which can amplify or reduce large volumes of power during energy transfer. These MOSFET switches step down electricity from the grid to user with very little energy loss. Monolith's silicon carbide switches find industry application in renewable energy inverters, power supplies, electric vehicles, industrial motor drives and smarter electrical grid. U.S. Department of Energy’s ARPA-E program awarded a $3.2 million grant in 2013 to Monolith Semiconductor

Key Metrics

Founded Year

2013

Location

Ithaca, United States

Stage

Acquired

Total Funding

$18.5M in 7 rounds

Latest Funding Round

Series B, Mar 02, 2017, $*****

Investors

Littelfuse & 1 more

Ranked

115^th among 5716 active competitors

Employee Count

4 as on Jul 01, 2024

Similar Companies

Murata & 5780 more

Exit Details

Acquired by Littelfuse (Nov 05, 2018)

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MONOLITH SEMI got acquired by Littelfuse on Nov 05, 2018.

Click here to take a look at MONOLITH SEMI's acquisition in detail

MONOLITH SEMI has raised a total funding of $18.5M over 7 rounds. Its first funding round was on Jul 01, 2013. Its latest funding round was a Series B round on Mar 02, 2017 for $*****. 1 investor participated in its latest round. MONOLITH SEMI has 2 institutional investors.

Here is the list of recent funding rounds of MONOLITH SEMI:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 02, 2017	5465914	Series B	9075844	6462167	1620572	5813008
Jun 13, 2016	2394828	Grant (prize money)	4854720	9229331	6726588	OSTI
Dec 22, 2015	3176058	Series A	8535509	2578597	Littelfuse	1254661

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View details of MONOLITH SEMI's funding rounds and investors

The founders of MONOLITH SEMI are Larry Rowland and Kiran Chatty.

Here are the details of MONOLITH SEMI's key team members:

Larry Rowland: Co-Founder, Member of Board of Directors of MONOLITH SEMI.
Kiran Chatty: Co-Founder and VP Product Development of MONOLITH SEMI.
Sujit Banerjee: CEO of MONOLITH SEMI.

View details of MONOLITH SEMI's Founder profiles and Board Members

MONOLITH SEMI's employee count trend

MONOLITH SEMI has 4 employees as of Jul 24. Here is MONOLITH SEMI's employee count trend over the years:

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Top competitors of MONOLITH SEMI include Murata, FADU and DuPont. Here is the list of Top 10 competitors of MONOLITH SEMI, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Murata 1944, Kyoto (Japan), Public	Manufacturer of electronic components, power products, and connectivity modules	-	Triodos Investment Management, Ministry of Economy, Finance and Industrial and Digital Sovereignty ... & 1 others	71/100
2nd	FADU 2015, Seoul (South Korea), Series B	Developer of customizable SSD controllers and firmware	$32.2M	Forest Partners, Positive Investment & 4 others	70/100
3rd	DuPont 1802, Wilmington (United States), Public	Developer of chemical products, construction & packaging materials, and water solutions	-	ngn-capital.com, Trian Partners & 7 others	70/100
4th	Delta Electronics 1971, Taipei (Taiwan), Public	Power management and thermal solutions provider	-	OSTI	69/100
5th	Vishay Intertechnology 1962, Guildford (United Kingdom), Public	Manufacturer of diodes, rectifiers, semiconductors, and passive components	-	GarMark Partners, Europa	64/100
6th	Hubbell 1888, Shelton (United States), Public	Manufacturer of utility and electrical products	-	Lubar & Co	64/100
7th	Tdk 1974, United States, Public	Manufacturer of electronic components, modules, and systems for diverse applications	-	Bundesministerium fur Wirtschaft und Klimaschutz, Western Technology Investment ... & 5 others	60/100
8th	Yageo Corporation 1977, Taipei (Taiwan), Public	Manufacturer of electronics components	-	DCP, KKR & 1 others	59/100
9th	Nexperia 2017, Nijmegen (Netherlands), Acquired	Developer of semiconductor discrete, logic and MOSFET devices	-	FMO, Europa & 3 others	59/100
10th	M2M Services 2000, Sofia (Bulgaria), Unfunded	Provider of alarm communication, IoT connectivity, and interactive security solutions	-	-	57/100
115th	MONOLITH SEMI 2013, Ithaca (United States), Acquired	Developing energy efficiency solutions	$18.5M	OSTI, Littelfuse	40/100