Cambridge GaN Devices raises $19m

Six year-old Cambridge GaN Devices has raised $19 million in a Series B funding round. led by Parkwalk Advisors and BGF, with participation from IQ Capital, CIC, Foresight Williams Technology and Martlet Capital. “GaN provides the optimum conversion solution, reducing power losses by more than 50% and increasing energy conversion efficiency to above 99%,” says ...

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