Tech Company Financing Transactions
Cambridge GaN Devices Funding Round
On 2/18/2025, Cambridge GaN Devices raised $32 million in Series C financing from BGF Ventures, British Patient Capital and Cambridge Innovation Capital.
Transaction Overview
Company Name
Announced On
2/18/2025
Transaction Type
Venture Equity
Amount
$32,000,000
Round
Series C
Investors
Proceeds Purpose
The company intends to use the funds to expand its operations in Cambridge, North America, Taiwan and Europe, and deliver a new value proposition to its customer base.
Company Information
Company Status
Private & Independent
Industry
Semiconductors
Mailing Address
Jeffreys Building, Suite 8 Cowley Road
Cambridge, CB4 0DS
UK
Cambridge, CB4 0DS
UK
Phone
Website
Email Address
Overview
A spin-out of the Cambridge University, Cambridge GaN Devices (CGD) is a fabless semiconductor company that develops a range of energy-efficient GaN-based power devices to make greener electronics possible. Operating at a market worth exceeding $30 billion, CGD completed its $9.5M Series A fundraising in March 2021. In autumn 2021, the company was named Tech Scaleup of the Year by Business Weekly in the category of green electronics and was awarded the UK Business Angels Association (UKBAA) deep tech Investment of the Year.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Giorgia Longobard
Chief Technical Officer
Florin Udrea
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