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 May 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 7th amongst 160 active competitors, of which 29 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 $15M in Feb, 2026.

Who are the top competitors of Powervation?

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

Powervation - 2026 Company Profile, Team, Funding & Competitors

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

7^th among 160 active competitors

Employee Count

5 as on May 31, 2026

Similar Companies

Magnachip & 181 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	2667856	Conventional Debt	2062791	3922156	4950374	3594985
Dec 22, 2014	1324365	Series C	8783298	9415248	5707733	Scottish Equity Partners & 5 more
Feb 10, 2014	7470846	Series C	9183675	2784230	Scottish Equity Partners & 4 more	7417297

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View details of Powervation's funding rounds and investors

The founders of Powervation are Alan Dunne, Antoin Russell, Karl Heinz Rinne and Anthony Kelly.

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

Alan Dunne: Founder/Director Operations & Quality/Company Secretary of Powervation.
Antoin Russell: Co-Founder of Powervation.
Karl Heinz Rinne: Co-Founder of Powervation.
Anthony Kelly: VP Technology and 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 May 26. Here is Powervation's employee count trend over the years:

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Top competitors of Powervation include Magnachip, Cambridge GaN Devices and Empower Semiconductor. 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	Magnachip 2004, Seoul (South Korea), Acquired	Manufacturer of power solutions, display solutions, and automotive solutions	$39.5M	IGlobe Partners, Court Square	66/100
2nd	Cambridge GaN Devices 2016, Taiwan, Series C	Developer of gallium nitride transistors and semiconductors for power electronics	$60M	Parkwalk, BGF & 26 others	65/100
3rd	Empower Semiconductor 2014, San Francisco (United States), Series D	Developer of novel on-chip power management architecture	$215M	Mesh Ventures, Fidelity Investments & 9 others	62/100
4th	Intersil 1967, Milpitas (United States), Acquired	Semiconductor solutions: microcontrollers, analog, power, and connectivity for diverse applications	-	Bessemer Venture Partners, Court Square	61/100
5th	Monolithic Power Systems 1997, San Francisco (United States), Public	Manufacturer of analog and mixed-signal and power ICs	-	HighGear Ventures	59/100
6th	C2I Semiconductors 2024, Bengaluru (India), Series A	Developer of power management integrated circuits for performance and integration needs	$19M	Peak XV Partners, Yali Capital & 2 others	57/100
7th	Powervation 2006, Cork (Ireland), Acquired	Developer of power management ICs	$36.5M	Intel Capital, Ares Management & 7 others	50/100
8th	Diodes 1959, Plano (United States), Public	Manufacturer of power management ICs	-	Scottish Enterprise, VentureTech Alliance ... & 2 others	51/100
9th	Dioo Microcircuits 2009, Shanghai (China), Series C	Power, analog and mixed signal ICs	-	Richland Capital, Cathay Capital	51/100
10th	Kinetic 2006, Sunnyvale (United States), Acquired	Manufacturer of analog and mixed-signal power management semiconductors	$2.45M	China Fortune-Tech Capital	51/100