NuAxiSemiconductor trade intelligence
Wise-integration raises €15m in Series B funding round
What happened
Wise-integration, a French GaN power IC designer, raised €15 million in a Series B funding round led by imec.xpand. The funds will be used to accelerate the development and commercialization of its digital-control GaN power supply technology. This is a neutral event for traders as it represents a long-term R&D investment with no immediate impact on component supply, demand, or pricing.
Impact and signal
Low impactImpact score: 10/100
Affected components and suppliers
GaN Power ICs
Wise-integration
fundingR&DGaN
Source and time
Source: Semiconductor Today · 3/1/2024 · View original source
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