Startup Intros · Jun 2025
Startup Intros reports a $500k seed round for PowerMatrix with participation from Y Combinator and Phillip Pierini.
Efficient and compact power supply for AI hardware
Company research
Public company, workplace, funding, and market signals
Updated Jul 29, 2026
Overview
PowerMatrix is a Cambridge/London-based deep-tech startup building compact, high-efficiency vertical power-delivery systems for AI hardware and data centers, with applications in semiconductors, EVs, drones, and aerospace. No separate CEO was publicly listed; Borong Hu appears to be the active director/founder. Public sources conflict on total funding, ranging from $500k to $625k.
Primary product
Single-stage vertical power-delivery / compact high-efficiency power supply modules for AI hardware
Founded
2024
Headquarters
Cambridge, United Kingdom
Team size
1-10
Industry
Appliances, Electrical, and Electronics Manufacturing
Sub-industry
Manufacture of electronic components (power electronics)
Offices
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