GaNext, a gallium nitride (GaN) energy tool developer, introduced on Thursday that it has finished a spherical A+ of financing totaling just about 100 million yuan ($14.86 million). The buyers integrated Shunwei Capital, GL Ventures, and Infotech Ventures, whilst Shenqi Funding served because the unique monetary advisor.
GaNext is a complete answers supplier specializing in R&D, manufacturing, advertising and device utility of top-end third-generation GaN energy units. It has raised greater than 200 million yuan in the only and a part years since its status quo. The newest spherical of financing might be principally used for brand new product R&D and alertness answer construction of GaN energy chips, along with provide chain building.
GaN energy units have vast utility potentialities in verbal exchange, information facilities, new power automobiles and gear techniques. China is house to 80%-90% of the sector’s energy semiconductor programs and production.
GaNext has completed mass manufacturing gross sales of a number of 650V GaN merchandise. These days, the corporate is increasing its product line, localizing packaging and accent chips, and has began the advance of a brand new technology era platform. GaNext isn’t just creating merchandise for cell phone and pc fast-charging programs, but additionally immediately breaking via medium and top energy utility eventualities.
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Wu Yifeng, the core founding father of GaNext, has 26 years of technical revel in accrued within the box of GaN, and has served as tool scientist of Cree and the senior vice chairman of Transphorm. Below his steerage, remaining yr, GaNext evolved and heavily produced GaN switching units for 30W-120W energy adapters, principally used for the short charging of cell phones and laptops, securing tens of millions of orders. This yr, the corporate continues to release top efficiency GaN energy units and gear provide answers for low energy programs equivalent to 140W, 200W and 330W.