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Peak XV Partners has invested $15 million in Indian startup C2i Semiconductors, which focuses on innovative power delivery solutions for AI data centers. The funding will support C2i’s development of plug-and-play systems to reduce energy losses and improve efficiency.

C2i has raised a total of $19 million since its founding in 2024. Demand for data center energy is projected to rise significantly, with estimates of a 175% increase by 2030. C2i aims to achieve a 10% reduction in power losses, impacting overall data center economics.