12 POWER SEMICONDUCTORS https://camgandevices.com/ Issue 1 2025 Power Electronics Europe www.power-mag.com Power Semiconductor Industry Cambridge University spinout secures Series C funding to expand its operations in Cambridge, North America, Taiwan and Europe Cambridge GaN Devices (CGD) develops energy-efficient semiconductors using gallium nitride (GaN), reshaping the future of power electronics CGD’s technology will help electric vehicles and data centres be more energy efficient, presenting major opportunities in the global power semiconductor industry Cambridge GaN Devices (CGD), a leading innovator in gallium nitride (GaN) power devices, has successfully closed a $32 million Series C funding round. The investment was led by a strategic investor with participation from British Patient Capital and supported by existing investors Parkwalk, BGF, Cambridge Innovation Capital (CIC), Foresight Group, and IQ Capital. Transforming Power Electronics with GaN Gallium nitride-based devices represent a breakthrough in power electronics, offering faster switching speeds, lower energy consumption, and more compact designs than traditional silicon-based solutions. CGD’s proprietary monolithic ICeGaN® technology, which simplifies the implementation of GaN into existing and progressive designs, delivers efficiency levels exceeding 99%, enabling energy savings of up to 50% in a wide range of high-power applications including electric vehicles and data centre power supplies. These innovations have the potential to save millions of tons of CO2 emissions annually, accelerating the global transition to more sustainable energy systems due to the inherent ease-of-use that ICeGaN® technology provides to its customers. Dr. Giorgia Longobardi, CEO and Founder of CGD: “This funding round marks a pivotal moment for CGD. It validates our technology and vision to revolutionize the power electronics industry with our efficient GaN solutions and make sustainable power electronics possible. We’re now poised to accelerate our growth and make a significant impact in reducing energy consumption across multiple sectors. We look forward to collaborating with our strategic investor to penetrate the automotive market”. Market Opportunity and Proven Success The global GaN power device market is Cambridge GaN Devices secures $32M to drive global growth in power semiconductor industry. CGD Team
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