June 29, 2026 — Reed Semiconductor, a Warwick, Rhode Island-based developer of multiphase power controllers and server power delivery modules, raised $100 million in growth funding.

Backers included global semiconductor companies and strategic industry investors. The company intends to use the funds to accelerate product development, expand international market reach, and enhance operational scale to support power demand surges across high-density hardware infrastructure.

Led by CEO Dr. Wenkai Wu, Reed Semiconductor develops integrated, high-efficiency turnkey power distribution platforms, multiphase step-down DC-DC controllers, and point-of-load power modules engineered to manage server power, accelerator cards, and GPU setups for AI applications.