AscenPower
Latest round
- Series A
Last raised
- Sep 2024
Total raised
- $142M
Investors
- 9
About AscenPower
Established in 2021 and based in Guangzhou, China, AscenPower operates as a semiconductor company dedicated to providing silicon carbide chips and semiconductor power devices. It acquired IATF16949 automotive industry quality management system certification. The core team has experience in silicon carbide chip manufacturing and wafer fab construction. In March 2023, the company's 6-inch SiC wafer chip production line put into trial production. The company mainly provides silicon carbide chips and semiconductor power devices. It provides SiC (silicon carbide) power chip manufacturing platform and SiC manufacturing services. The platform can produce 6-inch and 8-inch SiC wafer chips. Manufacturing services include MPW (Multi Project Wafer) shuttle, design service, and mask service. Products include power devices such as silicon carbide SBD (Schottky Barrier Diode), MOSFET (Metal-Oxide-Semiconductor Field-Effect Transistor), and IGBT (Insulated Gate Bipolar Transistor). The company also provides an open silicon carbide chip processing platform. The products can be used in new energy vehicles, industrial power supplies, photovoltaic power generation, and other fields. The company generates revenue by providing silicon carbide chips (SiC wafer chips) and semiconductor power devices (silicon carbide SBD, MOSFET, and IGBT). The company will launch the second phase project of 8-inch SiC wafer chips in December 2024.
Who invested in AscenPower
9 investors across 1 round
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Funding rounds
Series A
Sep 25, 2024
Amount
$142M
Investors
Questions about AscenPower
Who invested in AscenPower?
AscenPower has 9 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has AscenPower raised?
AscenPower has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did AscenPower last raise money?
AscenPower's most recent round on record is a Series A, in Sep 2024.
What does AscenPower do?
Established in 2021 and based in Guangzhou, China, AscenPower operates as a semiconductor company dedicated to providing silicon carbide chips and semiconductor power devices.
Where is AscenPower headquartered?
AscenPower is headquartered in Guangzhou, China.
Which VCs invest in companies like AscenPower?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back semiconductors companies at AscenPower's stage. Their profiles are linked below.
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