Scalvy Raises $13.9 Million in Series A Funding for Modular Power Conversion Technology
Scalvy has secured $13.9 million in its Series A funding round, led by Climate Capital, Silicon Badia, and Skyriver Ventures. The total capital raised now stands at approximately $17 million. The funds will support the testing, deployment, and certification of its modular power conversion systems, which aim to improve efficiency and reduce power footprint in data centers and EV drivetrains.
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Scalvy has raised $13.9 million in a Series A funding round, bringing its total capital to about $17 million. The funding, led by Climate Capital, Silicon Badia, and Skyriver Ventures, will accelerate the testing and deployment of its modular power conversion architecture.
Scalvy's technology claims a 30% increase in usable energy and a 99% efficiency boost in power systems. The company aims to integrate its modular units into data centers and EV drivetrains, with field testing currently underway and commercial production expected next year after certification. Scalvy's approach seeks to reduce the overall power footprint by 60% compared to traditional systems.
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