IVWorks develops GaN epitaxial wafers and the proprietary 'reGaN' technology built on selective area regrowth for advanced GaN device integration. The company positions itself as a supplier for next-generation RF and power semiconductor applications, including AlN HEMT on SiC, GaN HEMT on Si, and vertical GaN epiwafers. reGaN has completed major foundry qualification and IVWorks has supplied qualified products to leading global semiconductor foundries. IVWorks is expanding reGaN into E-band and W-band RF applications for satellite communications and wireless backhaul, and into AI power delivery markets through PoL converters for HBM and GPU systems. Financially, the company has raised approximately $33 million in cumulative investment following the recent $4.5 million round and is preparing for a KOSDAQ listing with Korea Investment & Securities Co., Ltd. as lead underwriter.

Total raised

$5M

Funding rounds

1

Latest round

Equity

Latest activity

Apr 2026