GaN Systems is a Canadian maker of power chips. The company produces power semiconductors used in electrical applications. It intends to use new funding to expand its market share and make a significant push into the electric car market. The firm announced a fresh capital injection to support those growth plans. The article highlights the company's strategic focus on EVs and broader market expansion. No operating metrics or valuation were disclosed in the report. GaN Systems makes transistors which address the needs of today’s most demanding industries including data center servers, renewable energy systems, automotive, industrial motors and consumer electronics. The company is based in Ottawa, Canada and is led by CEO Jim Witham. GaN Systems received a strategic investment from Delta and BMW i Ventures. The amount of the deal was not disclosed. The company plans to use the funding to expand global sales and accelerate product innovation. GaN Systems is a fabless semiconductor company that develops gallium nitride (GaN) power switching transistors. Its products target a wide range of applications, including data centers, solar inverters, thinner TVs, motors, longer-range electric vehicles and other consumer, enterprise, industrial and transportation markets. The company is led by CEO Jim Witham and is based in Ottawa, Canada. GaN Systems raised USD$20M in venture capital financing to support growth. The company intends to use the funds to ramp up sales and marketing support for its international customer base and to continue manufacturing line expansion. The financing signals a focus on commercial scaling and production capacity increases. GaN Systems develops gallium nitride (GaN) power switching semiconductors built on its Cool Switching™ platform. Led by CEO Girvan Patterson, the company is based in Ottawa, Canada. It focuses on commercializing GaN power devices for power switching applications. GaN Systems previously raised a Series A in 2011. The company closed a Series B financing in June 2012; the amount was not disclosed. It intends to use the funding to accelerate commercialization of the devices developed on its platform. GaN Systems is an Ottawa, Canada–based company that makes power conversion semiconductors for cleantech applications. Its product line includes highly efficient, low-loss diodes, transistors, and integrated systems designed to enable switching efficiencies that exceed current silicon-based solutions. These devices target switching power supply designs, inverters, hybrid and electric vehicles, battery management, and power factor correction. In addition to producing its own devices, GaN Systems partners with other semiconductor companies to develop and manufacture complementary products. The company was co-founded by CEO Girvan Patterson and CTO John Roberts and recently completed a Series A funding round. The round was led by Chrysalix Energy Venture Capital’s CELP III Fund with participation from Rockport Capital.

Total raised

$170M

Funding rounds

5

Latest round

Equity

Latest activity

Nov 2021