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Fukushima SiC Applied Engineering Inc. Raises USD 30 Million (JPY 3.1 Billion) in Series C Funding

Fukushima SiC Applied Engineering Inc. Raises USD 30 Million (JPY 3.1 Billion) in Series C Funding

09/07/20, 3:04 PM
Location
fukushima
Money raised
$30 million
Round Type
series c
Fukushima SiC Applied Engineering Inc., the Naraha, Fukushima headquartered Silicon carbide technology company developing the next generation of BNCT* radiotherapy solutions, has raised USD 30 million (JPY 3.1 billon) in Series C funding from investors including C:iz Investment LLP, Japan Post Investment Corporation, Astellas Venture Management LLC, and SMBC Venture Capital Co., Ltd. The funds are expected to be used for BNCT related pre-clinical and clinical trial activities in Japan as well as activities to expand its overseas activities including efforts to obtain regulatory approvals.

Company Info

Company
Fukushima Si C Applied Engineering
Location
fukushima, japan
Additional Info
[Fukushima SiC Applied Engineering Inc.] We are a technology venture company that is primarily engaged in the development and manufacture of power electronics products using SiC semiconductors. The company aims to promote the adoption of SiC semiconductors, by developing innovative power electronics technologies to create solutions to problems that has been difficult or impossible to solve with conventional silicon semiconductors. We develop and produce products that apply these technologies for the global market at our headquarters and production facilities in Fukushima in order to contribute to the recovery from the earthquake disaster. Website: http://en.fukushima-sic.co.jp/
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