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Transphorm Inc. Raises $21 Million and Completes Reverse Merger
03/03/20, 1:11 PM
Location
goletaMoney raised
$21 million
Transphorm, Inc. (the “Company”) a pioneer in the development and manufacturing of high reliability-high performance gallium nitride (GaN) semiconductors for power conversion, announced today it raised $21.5 million in a private placement equity financing. Prior to the financing, Transphorm Technology, Inc. (“Transphorm”) completed a reverse merger with Peninsula Acquisition Corporation (“Peninsula”), a public Delaware corporation, whereby Transphorm became a wholly owned subsidiary of Peninsula
Company Info
Company
Transphorm
Location
goleta, california, united states
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