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
Cambridge, United Kingdom
London, United Kingdom
Hong Kong
Business model
B2B hardware
Enterprise pilot programs
Component/module sales
Funding
People & investors
Investors
Work & culture
Research-led, founder-driven, prototype/pilot-stage, and collaboration-oriented with customers.
Product & market
Differentiators
- —Single-stage vertical power delivery
- —Up to 50% lower energy loss
- —80% smaller form factor
- —10x faster dynamic response
- —Near-chip placement under or close to the processor
- —Patented circuit topology
- —Embedded packaging
- —Novel magnetics
Technology
single-stage vertical power delivery
patented circuit topology
embedded packaging
novel magnetics
high-voltage to sub-1V conversion
power electronics
multi-stage conversion elimination
Customers
AI hardware teams
data center operators
semiconductor companies
EV companies
aerospace companies
Competitors
Vicor
Infineon
Renesas
Delta Electronics
Navitas Semiconductor
Scale & contact
Latest news
Y Combinator · Mar 2025
YC lists PowerMatrix in its Spring 2025 batch, describing the company as building compact, high-efficiency power supplies for AI hardware and noting the founding team and product focus.
Trinity College Cambridge · Jan 2025
Trinity College Cambridge reported PowerMatrix, represented by Xufu Ren, as second-prize winner in the competition.
Cambridge Tech Podcast · Jan 2025
The podcast highlighted PowerMatrix's AI power-supply technology, its efficiency claims, and that it was seeking to raise £1.5 million to scale.
Trinity Bradfield Prize · Jan 2025
PowerMatrix was announced as one of the 2024/25 Trinity Bradfield Prize winners, which provided mentoring and Bradfield Centre membership.
Jobs and careers at PowerMatrix
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