Fundz

VisIC Technologies raises Series E to support growing EV market

PRIVATEOct 19, 2020

Round Type

Series E

Ness ZionaManufacturingAutomotive

Description

VisIC Technologies Ltd., a global leader in gallium nitride (GaN) devices for automotive high-voltage applications, has successfully raised a Series E financing round with participation from  MediaTek, the world's 4th largest global fabless semiconductor company. This round of financing will help the company to enlarge its portfolio for Electrical Vehicles high power systems.  

Quick answer

VisIC Technologies raised an undisclosed amount in a Series E round, dated October 19, 2020. VisIC Technologies is based in Ness Ziona, Central District, Israel.

How much did VisIC Technologies raise?
VisIC Technologies raised an undisclosed amount in a Series E round on October 19, 2020.
What does VisIC Technologies do?
VisIC was established in 2010 to be a technology licensor and a provider of high-voltage (650V and above), high-volume GaN devices to the rapidly growing power conversion market.
Where is VisIC Technologies based and how big is it?
VisIC Technologies is based in Ness Ziona, Central District, Israel. Fundz records about 43 employees.
Who are the decision-makers at VisIC Technologies?
Fundz holds 2 contacts at VisIC Technologies, including the VP HR. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Automotive and Manufacturing around the same time

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

  • Workhorse Group raised $200M on October 28, 2020.
  • Trutankless raised $100K (Pre-Seed) on December 2, 2020.
  • IVS International, Inc. raised an undisclosed amount on December 2, 2020.
  • BayoTech raised $1.5M (Seed) on December 2, 2020.
  • ZeroAvia raised $23M on December 2, 2020.
  • Global Bamboo Technologies raised an undisclosed amount on November 30, 2020.

Who to call at VisIC Technologies, and when

A new round usually means VisIC Technologies is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day VisIC Technologies raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at VisIC Technologies, from your own LinkedIn network

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Company Information

Company

VisIC Technologies

Location

Ness Ziona, Central District, Israel

About

VisIC was established in 2010 to be a technology licensor and a provider of high-voltage (650V and above), high-volume GaN devices to the rapidly growing power conversion market. The technical team had over 20 years of cumulative experience in design, manufacture, and application of GaN-based RF devices when they incorporated VisIC. Applying their in-depth understanding of the core materials and associated physics of GaN-based devices, they have created a true GaN Metal-Insulator-Semiconductor High Electron Mobility Transistor (MISHEMT) that is native normally-OFF.

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Related People

2 contacts
Verified contactsLizi B., VP HR hiddenSee plans and pricing
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VisIC Technologies 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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