France

AlpSemi Raises €17 Mn in Round led by Yotta Capital

Jun 23, 2026 | By Team SR

AlpSemi Raises €17 Mn in Round led by Yotta Capital

AlpSemi has raised €17 million in a funding round led by Yotta Capital, with participation from SE Ventures, Navitas Semiconductor, and Cycle Group.

The company will use the funding to increase production and bring its next-generation semiconductor power switches to market on a larger scale. These power switches are designed for solid-state circuit breakers used in homes, commercial buildings, and 800V DC AI data centers.

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AlpSemi's technology aims to improve power management and efficiency while working seamlessly with existing semiconductor systems, helping support the development of next-generation energy and data center infrastructure.

“This financing positions AlpSemi to emerge as a leading global industrial player in power electronics,” said Frédéric Dupont, Chief Executive Officer of AlpSemi. “Our ambition is clear: accelerate the semiconductor roadmap required to enable the large-scale deployment of solid-state circuit breakers. In doing so, we are contributing to safer, smarter and more efficient power protection and conversion architectures globally.”

“Our end-to-end engineering approach allows us to move beyond incremental improvements and fundamentally redefine power protection technologies,” added Fabrice Letertre, Chief Technology Officer of AlpSemi. “Our wide and ultra-wide bandgap technologies are inherently scalable across the entire semiconductor value chain, enabling a fast solid-state circuit breaker market development.”

“The rapid electrification of buildings, AI infrastructure and industrial systems is driving demand for smarter, highly scalable power protection,” said Vincent Deltrieu, Managing Partner at Yotta Capital. “AlpSemi uniquely addresses this transition with a breakthrough semiconductor platform designed for industrial deployment at scale. The company sits at the intersection of next-generation electrical infrastructure, efficiency, and semiconductor innovation, fully aligned with our investment strategy focused on low-carbon industrial enablers.”

“The large-scale adoption of solid-state circuit breakers is critical to achieving full digitization of electrical distribution,” added Grégoire Viasnoff, Global Head of Accelerator at SE Ventures. “AlpSemi exemplifies a new generation of high-potential industrial startups combining deep semiconductor innovation with strong market pull. This is precisely where SE Ventures focuses, supporting companies that accelerate the transformation of energy management systems and unlock tangible commercial synergies with Schneider Electric.”

Founded in 2024, AlpSemi develops advanced semiconductor power switches designed to deliver high performance, scale efficiently, and work easily with existing electrical systems.

Its technology supports the wider use of solid-state circuit breakers in homes, commercial buildings, AI data centers, industrial electrification systems, and electric vehicles.

By adding intelligent control to electrical infrastructure, AlpSemi aims to improve energy efficiency, reduce carbon emissions, and help provide more reliable access to electricity around the world.

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