Skycore has secured 5 million euros in funding led by Amadeus APEX Technology Fund to advance its innovative power conversion technology, addressing the critical power challenges faced by modern AI systems and data centers.

Target Information

Skycore is a Copenhagen-based technology company focused on revolutionizing power conversion for high-performance computing. The company has developed a unique switched capacitor architecture that integrates multiple functions into single integrated circuits (ICs), enabling efficient power handling of kilowatt-scale energy in a compact form factor. Founded by a team of experienced engineers, Skycore’s technology addresses the increasing power demands of modern AI chips, significantly improving efficiency and reducing costs associated with traditional converter technologies.

Having spent nearly a decade on research at DTU, the founding team, which includes CEO Pere Llimos Muntal and co-founder Dennis Øland Larsen, has established a strong foundation in high-power IC design. Their deep interdisciplinary collaboration allows them to tackle the persistent challenges in power delivery within data centers and electric vehicles.

Industry Overview

The demand for high-performance computing has surged, especially with the advent of advanced AI technologies. Data centers, which form the backbone of this computing revolution, face critical limitations in power delivery. Traditional power converters are re

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Amadeus APEX Technology Fund

invested in

Skycore

in 2023

in a Seed Stage deal

Disclosed details

Transaction Size: $5M

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