Powerlattice Raises $86M in Equity Offering, SEC Filing Shows

Powerlattice Technologies Inc has sold $86,009,965 of a $111,010,000 equity offering, according to a Form D notice of exempt offering the Vancouver, Washington-based startup filed with the U.S. Securities and Exchange Commission on October 30, 2026. The company, which is developing a power delivery chiplet for AI processors, reported a date of first sale of October 15, 2026. The notice reports a total offering amount of $111,010,000, with $86,009,965 already sold and $25,000,035 remaining to be sold.

The securities are equity, and the issuer claimed the exemption under Rule 506(b), the Regulation D safe harbor commonly used for private placements without SEC registration. Eighteen investors had already invested, all of them accredited; the filing lists no non-accredited investors, no minimum investment amount, and no sales commissions or finders’ fees. The submission is a new filing rather than an amendment to an earlier notice.

It was signed by Peng Zou, the company’s co-founder and chief executive, on October 30, 2026, and SEC filing records show the agency accepted it at 9:56 a.m. Eastern Time that day. The filing also indicates the…