How much did Navitas Semiconductor raise?

Navitas Semiconductor raised $7 Million in a funding round on January 29, 2020.

Where is Navitas Semiconductor based and how big is it?

Navitas Semiconductor is based in Torrance, California, United States. Fundz records about 280 employees.

Who are the decision-makers at Navitas Semiconductor?

Fundz holds 4 contacts at Navitas Semiconductor, including the Director of Business Development. Names and contact details are shown to Fundz members.

Navitas Semiconductor, Inc. reported raising $7 Million in an initial SEC Form D filing, from an offering of $15 Million

PRIVATEJan 29, 2020$7M of $15M raised

Amount Raised

$7 Million

$7 Million sold, per SEC Form D (first sale Jan 29, 2020)

Round Type

Venture

TorranceManufacturingInformation Technology

Quick answer

Navitas Semiconductor raised $7 Million in a funding round, dated January 29, 2020. Navitas Semiconductor is based in Torrance, California, United States.

How much did Navitas Semiconductor raise?: Navitas Semiconductor raised $7 Million in a funding round on January 29, 2020.
What does Navitas Semiconductor do?: Navitas Semiconductor (Nasdaq: NVTS) is the only pure-play, next-generation power-semiconductor company, founded in 2014.
Where is Navitas Semiconductor based and how big is it?: Navitas Semiconductor is based in Torrance, California, United States. Fundz records about 280 employees.
Who are the decision-makers at Navitas Semiconductor?: Fundz holds 4 contacts at Navitas Semiconductor, including the Director of Business Development. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Manufacturing around the same time

Companies in the same sectors as Navitas Semiconductor that raised within 45 days of this round, from Fundz verified event records.

Celtic Renewables raised $9.8M on March 11, 2020.
Perimeter Group Inc. raised $4M (Series A) on March 11, 2020.
Enverid Systems, Inc. raised $20M on March 10, 2020.
Brother Justus Whiskey Co raised $2.9M (Seed) on March 10, 2020.
CollPlant Biotechnologies Ltd raised $4.5M (Seed) on March 9, 2020.
WEALTHY BASE GROUP LTD raised $30M on March 9, 2020.

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Company Information

Company

Navitas Semiconductor

Location

3520 Challenger St.

Torrance, California, United States

About

Navitas Semiconductor (Nasdaq: NVTS) is the only pure-play, next-generation power-semiconductor company, founded in 2014. GaNFastTM power ICs integrate gallium nitride (GaN) power and drive, with control, sensing, and protection to enable faster charging, higher power density, and greater energy savings. Complementary GeneSiCTM power devices are optimized high-power, high-voltage, and high-reliability silicon carbide (SiC) solutions. Focus markets include EV, solar, energy storage, home appliance / industrial, data center, mobile and consumer. Over 250 Navitas patents are issued or pending. As of August 2023, over 125 million GaN and 12 million SiC units have been shipped, and with the industry’s first and only 20-year GaNFast warranty. Navitas was the world’s first semiconductor company to be CarbonNeutral®-certified. Navitas Semiconductor, GaNFast, GaNSense, GeneSiC and the Navitas logo are trademarks or registered trademarks of Navitas Semiconductor Limited and affiliates. All other brands, product names and marks are or may be trademarks or registered trademarks used to identify products or services of their respective owners.

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Navitas Semiconductor 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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