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Finwave raises $12.2m in Series A round to bring 3DGaN to volume production

What happened

Finwave Semiconductor raised $12.2M in Series A funding, supplemented by a $4.3M ARPA-E grant, to scale its 3DGaN technology for volume production. The funds will be used for team expansion, product development, and lab facilities. Neutral: This is a long-term R&D milestone with no immediate impact on GaN component supply, pricing, or trader decisions.

Impact and signal

Low impactImpact score: 10/100

Affected components and suppliers

GaN Power Devices
Finwave Semiconductor Inc
fundingrd-milestonegan

Source and time

Source: Semiconductor Today · 7/28/2022 · View original source

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