ChEmpower Raises $18.7M to Revolutionize Chip Manufacturing with Abrasive-Free Planarization Technology
ChEmpower, a semiconductor materials company based in Portland, Oregon, has secured $18.7 million in Series A funding to advance its abrasive-free planarization technology. This technology is pivotal for enhancing chip yield and performance in advanced semiconductor manufacturing and packaging. The funding round was co-led by M Ventures and Rhapsody Venture Partners, with additional participation from Intel Capital, Pangaea Ventures, Foothill Ventures, In-Q-Tel (IQT), and TEL Venture Capital. Traditional chemical mechanical planarization (CMP) processes, which are essential for creating smooth, defect-free surfaces on semiconductor wafers, often involve abrasives. These abrasives can leave residual scratches and particles, reducing yield and increasing costs. Up to 40% of fab water usage is associated with the planarization process, making it a significant environmental concern. ChEmpower's abrasive-free technology addresses these issues by providing a simpler, more cost-effective, and environmentally friendly approach to planarization. Sudhanshu Misra, PhD, the CEO and co-founder of ChEmpower, emphasized the growing demand for high-performance AI chips and the need for sustainable manufacturing solutions as key drivers behind the company's rapid advancement. "The rapid rise of AI and the demand for sustainable, high-performance semiconductors have created a critical opportunity for ChEmpower," Misra stated. "With this new funding, we will accelerate our operations, extend our market reach, and enhance our product offerings, ensuring we remain at the forefront of next-generation semiconductor manufacturing." As advanced AI and semiconductor technologies continue to evolve, the manufacturing challenges have grown more complex. Currently, 40% of global wafer production occurs at nodes smaller than 10nm, and the trend towards even smaller nodes necessitates additional planarization steps to maintain high performance. ChEmpower's technology is particularly suited for sub-10nm chip production, helping to power the next generation of AI and advanced semiconductor applications. Since its founding, ChEmpower has made significant strides in demonstrating the effectiveness of its platform. The company has successfully developed an abrasive-free 300mm copper technology and established a pilot line for pad production. These achievements have paved the way for strategic partnerships with leading semiconductor companies and garnered interest from forward-thinking customers. The funding will be used to scale manufacturing systems, commercialize product offerings, and hire additional talent in engineering, business development, and operations. ChEmpower is also collaborating with industry leaders to integrate its technology into semiconductor fabs around the world. Industry insiders view ChEmpower's technology as a game-changer. Scott Shaw, Chief of Staff at Intel Capital, commented, "At a time when the demands of AI and sustainability are reshaping the semiconductor industry, ChEmpower’s innovative approach offers a compelling solution. Their scalable, high-performance technology is precisely the type of breakthrough needed to meet the evolving needs of the semiconductor market, and we are excited to support their journey to lead the next generation of chip manufacturing." Owen Lozman, Managing Director at M Ventures, echoed this sentiment, stating, "ChEmpower’s novel solution exemplifies the kind of high-impact innovation M Ventures backs — precision manufacturing technology with the potential to redefine how advanced semiconductor chips, packaging, and quantum devices are built. We’re proud to support a company whose vision aligns with the future of next-generation manufacturing." Jessica Freyer, PhD, Partner at Rhapsody Venture Partners, highlighted the broader implications of ChEmpower’s work: "We are thrilled to co-lead ChEmpower’s Series A with M Ventures. The company has assembled a strong syndicate of investors who bring deep technical expertise and market access. ChEmpower’s value proposition extends beyond cost and performance to sustainability. Their next-generation, abrasive-free CMP will unlock new opportunities in semiconductor manufacturing." ChEmpower Corporation is dedicated to eliminating abrasives from the polish process, improving chip yields, and advancing sustainability standards within the semiconductor industry. By serving a diverse range of semiconductor companies globally, ChEmpower is positioning itself as a leader in the future of semiconductor manufacturing, supporting the production of next-generation devices, and empowering innovation in high-performance technologies. M Ventures, a strategic corporate venture capital fund of Merck KGaA, Darmstadt, Germany, focuses on investments in biotechnology and technology, covering areas like electronics, frontier technology, healthcare, and life science tools. Rhapsody Venture Partners, based in Cambridge, Massachusetts, funds early-stage applied science and engineering companies, working closely with entrepreneurs to expedite commercialization and foster growth. Both firms see ChEmpower as a vital player in the evolving semiconductor landscape, driven by the convergence of high-performance computing and environmental sustainability.
