Alongside Bright Capital in the round were venture capital firms Kleiner Perkins Caufield & Byers (KPCB), August Capital, New Enterprise Associates, Northgate Capital and DAG Ventures.
Bright Capital, the $350m corporate venturing unit of Russia-based conglomerate Ru-Com, has led a $17.6m round for SuVolta, a US-based developer of integrated circuits designed to cut chip power consumption by at least half.
Alongside Bright Capital in the round were venture capital firms Kleiner Perkins Caufield & Byers (KPCB), August Capital, New Enterprise Associates, Northgate Capital and DAG Ventures.
SuVolta, formerly known as DSM Solutions, emerged from stealth in June having over the five previous years raised…
