# iDEAL Semiconductor Devices

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ideal-semiconductor-devices

- Industry: Semiconductors
- Headquarters: Bethlehem, US
- Website: www.idealsemi.com
- Total disclosed funding: $52M
- Latest round: Series C (May 16, 2023)
- Investors on record: 1

## About

iDEAL Semiconductor Devices, Inc., based in Bethlehem, PA, specializes in advanced power semiconductor devices, utilizing innovative technology to enhance energy efficiency in electronic applications across diverse industries.Founded in 2017 in Bethlehem, Pennsylvania, iDEAL Semiconductor focuses on developing power semiconductor solutions. The founders, David Jauregui, Mark Granahan, and Mike Burns, established the company with expertise in the semiconductor industry. iDEAL Semiconductor has completed three funding deals, with the most recent being a Series C round on May 16, 2023, raising USD 40.00 mn from Applied Ventures, bringing the total amount raised to USD 40.00 mn and valuing the company at USD 220.20 mn.iDEAL Semiconductor specializes in advanced power semiconductor devices, primarily through its proprietary SuperQ™ technology. This technology enhances the performance of diodes, MOSFETs, IGBTs, and power ICs by providing industry-leading resistance per unit area and reduced energy storage, facilitating higher frequency switching with decreased loss. Their products, built using standard silicon wafers, cater to high-voltage applications, aiming to improve energy efficiency across sectors such as automotive, renewable energy, and consumer electronics. The company serves a global clientele in North America, Europe, and Asia, enhancing energy-efficient solutions for various industries.iDEAL Semiconductor operates on a business-to-business (B2B) revenue model, supplying its SuperQ™ products directly to manufacturers and distributors within the power electronics market. Transactions generally involve bulk orders of semiconductor components, with pricing based on performance specifications and application requirements. The company emphasizes long-term partnerships with clients in sectors such as automotive and industrial applications, where high-performance semiconductor devices are essential. While specific pricing details for individual products are not disclosed, the revenue structure likely incorporates tiered pricing based on order volume, ensuring competitive rates while maintaining product quality.Following the recent Series C funding round in May 2023, which raised USD 40.00 mn, iDEAL Semiconductor plans to utilize the funds to support the ongoing development of its SuperQ™ technology. The company is focused on launching new products designed to enhance performance in power management. Additionally, iDEAL Semiconductor aims to expand its market presence in Europe and Asia by the end of 2024, targeting sectors that require advanced semiconductor solutions to meet growing global energy efficiency demands.

## Funding rounds

- Series C, May 16, 2023, $40M — Applied Ventures
- Series A, Mar 31, 2021, $12M — Applied Ventures

## Investors

- Applied Ventures (https://capitalatlas.ai/funds/applied-ventures) — Series A, Series C