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Agnit Semiconductors raises $2.6 million from Shastra VC, 3one4 Capital, and Zephyr Peacock to scale GaN semiconductor production and expand into telecom and power electronics applications.
Amount Raised
$2.6 Million
Round Type
Seed
Investors
Description
Agnit Semiconductors has raised $2.6 million in a funding round led by Shastra VC, with participation from 3one4 Capital and Zephyr Peacock. The startup focuses on gallium nitride (GaN) semiconductor production and aims to increase production capacity significantly. To date, the company has raised a total of $7.47 million. The new funds will support scaling production to approximately 100,000 GaN components over the next two years.
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