PowerMatrix

About PowerMatrix

PowerMatrix, founded in 2024 by Borong Hu and spun out from the University of Cambridge, is a company developing high-performance power supplies for emerging technologies. The firm is backed by Y Combinator and has secured $500K in an accelerator/incubator funding round.

The company's core business revolves around manufacturing highly efficient and compact DC-DC power supplies. Its patented technology, which includes innovations in circuit topology, embedded packaging, and novel magnetics, aims to significantly reduce energy loss in power conversion by up to 50%. PowerMatrix's solution utilizes a single-stage vertical power delivery system that converts high voltage to the low voltages required by processors, a method designed to be more efficient than traditional multi-stage conversion chains. This approach results in an 80% smaller form factor and a 10x faster dynamic response compared to conventional systems.

The primary market for PowerMatrix includes industries with high energy consumption and space constraints, such as AI hardware, data centers, electric vehicles (EVs), drones, and aerospace. By addressing inefficiencies where data centers can waste up to 20% of their energy on power supplies, the company positions itself as a key player in the CleanTech and Manufacturing verticals. The business model is based on supplying these specialized hardware components to large-scale technology companies.

Founder Borong Hu has over a decade of experience in power electronics, holding a PhD in the field from the University of Warwick and completing a Postdoc at the University of Cambridge. His background includes extensive research, having published 60 papers, and practical experience leading teams at companies like GE and Bitmain.