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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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