# GaN Systems

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/gan-systems

- Industry: Semiconductors
- Headquarters: Ottawa, Canada
- Website: www.gansystems.com
- Total disclosed funding: $20M
- Latest round: Series C (May 7, 2015)
- Investors on record: 5

## About

Founded in 2008 and based in Ontario, Canada, GaN Systems Inc. operates as a fabless semiconductor company that develops and manufactures Gallium Nitride (GaN) power diodes and transistors for cleantech applications. In November 2021, GaN Systems Inc. raised USD 150 million in growth capital funding led by Fidelity Investments, with participation from Vitesco Technologies Group AG and BMW i Ventures.

The products developed by the company's team are GaN Transistors 100 V E-HEMT, and 650 V E-HEMT. The company has also developed chargers and AC adapters, audio amplifiers, and power supplies, data center and 5G, wireless power, general purpose power supplies, 100V GaN half bridge evaluation kits, 650V GaN half bridge evaluation kits, IMS (Insulated Metal Substrate) circuit boards for increased power density, and power modules.

The company plans to use the growth capital funding to accelerate innovation and adoption of GaN technology across its automotive, consumer, industrial, and enterprise markets.

## Funding rounds

- Series C, May 7, 2015, $20M — BDC Capital, Chrysalix, RockPort Capital Partners, Tsing Capital, Cycle Capital Management
- Series B, Jun 19, 2012 — Chrysalix, RockPort Capital Partners
- Series A, Nov 9, 2011 — Chrysalix, RockPort Capital Partners

## Investors

- Chrysalix (https://capitalatlas.ai/funds/chrysalix) — Series A, Series B, Series C
- RockPort Capital Partners (https://capitalatlas.ai/funds/rockport-capital-partners) — Series A, Series B, Series C
- BDC Capital (https://capitalatlas.ai/funds/bdc-capital) — Series C
- Tsing Capital (https://capitalatlas.ai/funds/tsing-capital) — Series C
- Cycle Capital Management (https://capitalatlas.ai/funds/cycle-capital-management) — Series C