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Wise Integration raised €15M in a funding Series B led by imec.xpand to fuel mass production and commercial deployment of WiseGan and WiseWare.

Mar 01, 2024over 1 year ago

Amount Raised

€15 Million

Round Type

series b

MeylanEnergyManufacturing

Investors

Angels For GreentechCasra CapitalCreazurRégion Sud Investissement (Rsi)Bnp Paribas DeveloppementSupernova InvestImec.Xpand

Description

Wise Integration, the French specialist in digital control of GaN ICs for power supplies, has raised €15 million. The Series B round was led by imec.xpand, with participation from Supernova Invest, BNP Paribas Developpement, Région Sud Investissement (RSI), Creazur, CASRA Capital and Angels for Greentech. The round will fuel mass production and commercial deployment of the four-year-old company’s flagship products, WiseGan and WiseWare.

Company Information

Company

Wise Integration

Location

Meylan, Auvergne Rhône Alpes, France

About

A French innovator in gallium nitride (GaN) solutions for power supplies, dedicated to democratizing GaN digitization and revolutionizing power electronics.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech