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QPT’s Crowdcube funding round surpasses £1m
What happened
UK-based Quantum Power Transformation (QPT) has raised over £1 million in a Crowdcube funding round. The company develops GaN-based electric motor control solutions. Neutral: This early-stage R&D funding for a niche GaN application has no immediate, direct impact on component supply, demand, or pricing.
Impact and signal
Low impactImpact score: 8/100
Affected components and suppliers
GaN Power Devices
fundingR&DGaN
Source and time
Source: Semiconductor Today · 3/25/2024 · View original source
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