Cambridge Gan Devices Secures $19M To Scale Up For $50Bn Power Semiconductor Device Market
Amount Raised
$19 Million
Round Type
Funding Round
Investors
Description
Cambridge GaN Devices (CGD), the fabless semiconductor company that was spun out of the renowned power device group at the Engineering Department of the University of Cambridge in 2016, has raised $19m in Series B funding. The investment was led by Parkwalk Advisors and BGF, with participation from IQ Capital, CIC, Foresight Williams Technology and Martlet Capital. The investment will enable CGD to begin mass production of its range of GaN transistors for power applications.
Quick answer
Cambridge GaN Devices raised $19 Million in a Funding Round round, dated November 15, 2022. Investors: Martlet Capital and IQ Capital.
- How much did Cambridge GaN Devices raise?
- Cambridge GaN Devices raised $19 Million in a Funding Round round on November 15, 2022.
- Who invested in Cambridge GaN Devices?
- Martlet Capital and IQ Capital are named as investors in this round.
- What does Cambridge GaN Devices do?
- Cambridge GaN Devices Ltd. (CGD), a spin-out of the Cambridge University, is a fabless semiconductor company designing, developing and commercialising energy-efficient GaN-based power devices to make greener electronics..
- Where is Cambridge GaN Devices based and how big is it?
- Fundz records about 67 employees.
- Who are the decision-makers at Cambridge GaN Devices?
- Fundz holds 1 contact at Cambridge GaN Devices. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Renewable Energy around the same time
Companies in the same sectors as Cambridge GaN Devices that raised within 45 days of this round, from Fundz verified event records.
- Ascent Solar Technologies raised $50M on December 20, 2022.
- Ascent Solar Technologies raised $2.5M (Seed) on December 19, 2022.
- Cirba Solutions raised $200M on December 15, 2022.
- Atlas Water & Electric raised an undisclosed amount (Funding Round) on December 13, 2022.
- Green Shift Commodities Ltd raised an undisclosed amount (Post-IPO Equity) on December 7, 2022.
- TECO2030 raised an undisclosed amount (Corporate Round) on November 14, 2022.
Who to call at Cambridge GaN Devices, and when
A new round usually means Cambridge GaN Devices is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Cambridge GaN Devices raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Cambridge GaN Devices, from your own LinkedIn network
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Related People
Cambridge GaN Devices raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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