Cambridge GaN Devices raised $32M in Series C funding to expand operations in the data centre and automotive markets.
Amount Raised
$32 Million
Round Type
Series C
Investors
Description
Cambridge GaN Devices has secured a $32M Series C investment to enhance its product delivery in the data centre and automotive sectors. The investment includes a £5M contribution from British Patient Capital and aims to support the company's growth and technology validation.
Quick answer
Cambridge GaN Devices raised $32 Million in a Series C round, dated February 18, 2025. Investors: Business Growth Fund, Foresight, Parkwalk, IQ Capital, Cambridge Innovation Capital and British Patient Capital.
- How much did Cambridge GaN Devices raise?
- Cambridge GaN Devices raised $32 Million in a Series C round on February 18, 2025.
- Who invested in Cambridge GaN Devices?
- Business Growth Fund, Foresight, Parkwalk, IQ Capital, Cambridge Innovation Capital and British Patient 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.
- Electra Battery Materials Corporation raised $1.6M on April 4, 2025.
- BlueHeart Energy raised an undisclosed amount on April 2, 2025.
- Aetherflux raised $50M (Series A) on April 2, 2025.
- Avoxt raised $1.1M (Seed) on March 27, 2025.
- Novac raised $3.8M (Seed) on March 25, 2025.
- theion raised $16M (Series A) on March 20, 2025.
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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