When was Powervation founded?

Powervation was founded in 2006 and raised its 1st funding round 1 year after it was founded.

Where is Powervation located?

Powervation is headquartered in Cork, Ireland.

How many employees does Powervation have?

As of Aug 31, 2026, the latest employee count at Powervation is 5.

Is Powervation a funded company?

Powervation is a funded company, having raised a total of $36.5M across 7 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Dec 17, 2007.

When was the latest funding round of Powervation?

Powervation's latest funding was a $***** Conventional Debt round on Dec 22, 2014, with participation from 1 investor.

Where does Powervation rank among its competitors?

Powervation ranks 13th amongst 181 active competitors, of which 35 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was C2I Semiconductors, which secured $16.7M in May, 2026.

Who are the top competitors of Powervation?

Powervation's top competitors include Cambridge GaN Devices, C2I Semiconductors and Intersil. Among them, C2I Semiconductors secured the most recent funding round in May, 2026.

Powervation - 2026 Company Profile, Team, Funding & Competitors

Powervation is an acquired company based in Cork (Ireland), founded in 2006 by Antoin Russell and Karl Heinz Rinne. It operates as a Developer of power management ICs. Powervation has raised $36.5M in funding from investors like Intel Capital, VentureTech Alliance and Scottish Equity Partners. The company has 181 active competitors, including 35 funded and 51 that have exited. Its top competitors include companies like Cambridge GaN Devices, C2I Semiconductors and Intersil.

Company Details

Powervation is a developer of power management IC solutions. The company was spun out of University of Limerick. Its flagship product is a proprietary DSP control platform with advanced power management and precision telemetry/control for multi-rail, multi-phase systems. The company was acquired by Rohm Semiconductors in July 2015 for USD 70 M. As of July 2017, Powervation operates as a fully owned subsidiary of Rohm Semiconductors.

Website: powervation.com
Social
Email ID: *****@powervation.com
Phone Number: +353 **********

Key Metrics

Founded Year

2006

Location

Cork, Ireland

Stage

Acquired

Total Funding

$36.5M in 7 rounds

Latest Funding Round

Conventional Debt, Dec 22, 2014, $*****

Investors

Intel Capital & 8 more

Ranked

13^th among 181 active competitors

Employee Count

5 as on Aug 31, 2026

Similar Companies

Cambridge GaN Devices & 203 more

Exit Details

Acquired by Rohm Semiconductor (Jul 22, 2015)

View Powervation's full profile

Powervation got acquired by Rohm Semiconductor on Jul 22, 2015 at an acquisition amount of $*****.

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

Powervation has raised a total funding of $36.5M over 7 rounds. Its first funding round was on Dec 17, 2007. Its latest funding round was a Conventional Debt round on Dec 22, 2014 for $*****. 1 investor participated in its latest round. Powervation has 9 institutional investors.

Here is the list of recent funding rounds of Powervation:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 22, 2014	7697267	Conventional Debt	9786503	5004883	9127062	4280080
Dec 22, 2014	3241651	Series C	8762634	5751702	7912832	Scottish Equity Partners & 5 more
Feb 10, 2014	5075673	Series C	6255972	7403741	Scottish Equity Partners & 4 more	3576985

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View details of Powervation's funding rounds and investors

The founders of Powervation are Antoin Russell and Karl Heinz Rinne.

Here are the details of Powervation's key team members:

Antoin Russell: Co-Founder of Powervation.
Karl Heinz Rinne: Co-Founder of Powervation.

View details of Powervation's Founder profiles and Board Members

Powervation's employee count trend

Powervation has 5 employees as of Aug 26. Here is Powervation's employee count trend over the years:

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Top competitors of Powervation include Cambridge GaN Devices, C2I Semiconductors and Intersil. Here is the list of Top 10 competitors of Powervation, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Cambridge GaN Devices 2016, Taiwan, Series C	Developer of gallium nitride transistors and semiconductors for power electronics	$60M	Parkwalk, BGF & 27 others	62/100
2nd	C2I Semiconductors 2024, Bengaluru (India), Acquired	Developer of power management integrated circuits for performance and integration needs	$35.7M	Peak XV Partners, Yali Capital & 2 others	62/100
3rd	Intersil 1967, Milpitas (United States), Acquired	Semiconductor solutions: microcontrollers, analog, power, and connectivity for diverse applications	-	Bessemer Venture Partners, Court Square	61/100
4th	Empower Semiconductor 2014, San Francisco (United States), Acquired	Developer of novel on-chip power management architecture	$215M	Fidelity Investments, Mesh Ventures & 9 others	61/100
5th	Diodes 1959, Plano (United States), Public	Manufacturer of power management ICs	-	VentureTech Alliance, Scottish Enterprise ... & 2 others	59/100
6th	Magnachip 2004, Seoul (South Korea), Acquired	Manufacturer of power solutions, display solutions, and automotive solutions	$39.5M	IGlobe Partners, Court Square	59/100
7th	Kinetic 2006, Sunnyvale (United States), Acquired	Manufacturer of analog and mixed-signal power management semiconductors	$2.45M	China Fortune-Tech Capital	58/100
8th	Alpha & Omega Semiconductor 2000, Sunnyvale (United States), Public	Provider of power semiconductor components	-	Yuanhe Holdings, Herald Investment Management ... & 4 others	57/100
9th	Monolithic Power Systems 1997, San Francisco (United States), Public	Manufacturer of analog and mixed-signal and power ICs	-	HighGear Ventures	54/100
10th	Huinengtai Semiconductor Technology 2015, Shenzhen (China), Series B	Developer of analog and hybrid integrated circuits	$7.7M	Shenzhen Capital Group, Shenzhen Gaoxintou Group ... & 4 others	50/100
13th	Powervation 2006, Cork (Ireland), Acquired	Developer of power management ICs	$36.5M	Ares Management, VentureTech Alliance & 7 others	50/100