NuAxiSemiconductor trade intelligence
CGD raises $32m in Series C funding round
What happened
Fabless firm Cambridge GaN Devices (CGD) secured $32 million in a Series C funding round led by a strategic investor. The funding will support the company's development and commercialization of GaN-on-silicon power semiconductors. Neutral: This is a company-specific R&D funding event with no immediate, direct impact on component supply, demand, or pricing for traders.
Impact and signal
Low impactImpact score: 15/100
Affected components and suppliers
GaN Power TransistorsGaN ICs
Cambridge GaN Devices Ltd
fundingfablessGaNR&D
Source and time
Source: Semiconductor Today · 2/19/2025 · View original source
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