With the help of Series A leads Arborview Capital and Translink Capital, Pakal Technologies has secured $25 million in Series B funding led by New Science Ventures.
The company is using this funding to launch its ground-breaking IGTO(t) silicon power switch, a breakthrough in energy conversion efficiency that is essential for vital industries like data centers, solar and wind energy, electric and hybrid-electric vehicles (EV), battery/energy storage, induction heating, and many more.
An vital tool in the global “electrification of everything” transformation is Pakal Technologies’ innovative IGTO(t). Conversion to electric power is currently commonplace and required.
Currently, high-voltage (>600 V) power conversion accounts for more than 80% of the world’s electricity consumption.
Better electrical power conversion efficiency is increasingly more important in light of the ongoing global electrification revolution. In more than 95% of these systems worldwide, the silicon IGBT power semiconductor is a necessary work-horse.
Pakal’s IGTO(t) uses a special trench structure and different operating mechanics to produce notable efficiency improvements over the IGBT.
These semiconductor-level efficiency benefits enable significant system-level increases in electric power conversion efficiency wherever the IGBT is already in use. When power conversion efficiency is raised, everything electric works better, uses less energy, and costs less.
Redefining Silicon Energy Efficiency in Power Conversion
An urgent requirement for high-performance, reasonably priced silicon-based power switches is met by the IGTO(t).
There is a multi-billion dollar yearly solution gap between the more established silicon IGBT and the newer, more costly silicon carbide (SiC) devices in the 2032 >$36 billion total market for high-voltage switches.
Every hyper-growth application, including EVs, solar inverters, induction cookers, and AI data centers, benefits from and desires efficiency above and above what the market leader IGBT can provide.
Yet, SiC will be too costly for the majority of these uses. Others won’t have access to SiC at all. This High-Voltage Gap is filled by Pakal Technologies’ drop-in IGTO(t).
“As we electrify everything, we will need more and better power conversion technology everywhere. To be truly useful, any new offering must be rapidly and globally scalable, cost-effective, a direct drop-in upgrade, and offer real efficiency gains,” said Ben Quiñones, CEO & Co-Founder of Pakal Technologies. “Our IGTO(t) is the first high-voltage power semiconductor to check all these boxes since the IGBT itself was introduced over forty years ago.”
Fueling Growth and Global Expansion
Pakal Technologies hopes to increase its operations, accelerate the development of its upcoming device generations, and increase its global clientele with this fresh round of finance. In a future where power is scarce, the company’s IGTO(t) technology offers a high-performance, scalable solution.
“The IGTO(t) core cell is a powerful platform. Our existing 650 V devices are already best in class and we have a clear roadmap to continuously improve and extend our silicon performance advantage for years,” said Dr. Richard Blanchard, Co-founder and Executive Chair.
“Shortly we will also extend our product lines into 1200, 1700 and then much higher voltage ranges which are required for important industrial uses and for essential updates to global electric power grids.” Pakal Technologies’s investors are confident that the company is uniquely positioned to shape the future of global electrification. Somu Subramaniam, Managing Partner of New Science Ventures, stated, “Pakal’s technology is ahead of the curve. History shows that in the semiconductor industry silicon is always the dominant player. We expect Pakal to have the best silicon for all high-voltage power uses. We are excited to support Pakal as they pursue the ambitious goal of replacing every IGBT on the planet.”
Availability
The 650 V IGTO(t) power switch is available for industry sampling now, and Pakal Technologies will begin mass production in Q1 2025.
For Further Info, CLICK HERE