Silicon Mobility, a Sophia Antipolis, France-based provider of full stack semiconductor technology powering control solutions for smart mobility, raised $10m in Series B funding.
The round was led by Capital-E and Cipio Partners with participation from undisclosed private industry investors.
The company intends to use the funds to scale-up its solutions.
Founded in 2015, and led by Bruno Paucard, president and CEO, Silicon Mobility has invented a new semiconductor architecture engineered specifically for electric and hybrid vehicles. The company designs, develops and offers real-time, safe and open semiconductor solutions used to increase energy efficiency and reduce pollutant emissions while keeping passengers safe.
Silicon Mobility’s products control electric motors, battery and energy management systems of electric and hybrid vehicles. By using its technologies, manufacturers improve the efficiency, reduce the size, weight and cost of electric motors and increase the battery range and durability.