# PN Junction Semiconductor Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pn-junction-semiconductor-co

- Industry: Semiconductors
- Headquarters: Hangzhou, China
- Website: www.pnjsemi.com
- Total disclosed funding: $69M
- Latest round: Series A (Feb 21, 2025)
- Investors on record: 10

## About

Established in 2018 and based in Hangzhou, China, PN Junction Semiconductor Co. Ltd. operates as a semiconductor power device design and developer that focuses on silicon carbide and gallium nitride power devices. The company has more than 80 intellectual property and 22 utility model patents. It also obtained the International Third Generation Semiconductor Professional Competition Global Finals Winner Award and China Core Power Most Investment Value Award. In February 2025, it raised CNY 500 million in series A+ and A++ funding from new investors Ningbo State-owned and State-owned Enterprise Reform and Development Fund of Funds, Ningbo Yongcheng Asset Management, Nanjing Venture Capital, returning investors Shanghai Pudong Hi-tech Investment, Shanzheng Innovation Investment, Kuntai Capital, and other unspecified investors.

The company’s main business is the research, development, and industrialization of silicon carbide and gallium nitride power devices. The company’s self-developed products include over 100 models of 650V/1200V/1700V SiC SBD, SiC MOSFET, and GaN HEMT power devices. Its products are used in a wide range of fields, such as servers, communication base station power supplies, new energy vehicles, electric vehicle charging piles, big data centers, 5G communication base stations, energy storage, and micro-photovoltaics.

PN Junction Semiconductor Co. Ltd. generates revenue by providing power device products and solutions to customers in various industries.

The company will use the series A+ and A++ funding for R&D investment in silicon carbide power device products, supply chain construction and global market layout.

## Funding rounds

- Series A, Feb 21, 2025, $69M — Shanghai Pudong Hi-tech Investment, Nanjing Venture Capital, Ningbo Tongshang Fund, Kuntai Capital, Shanzheng Innovation Investment, Ningbo Yongcheng Asset Management
- Series A, Jan 16, 2023 — CR Capital, Allin Capital, Xi'an Xinke Zhiyuan Venture Capital Co., Ltd.
- Angel, Mar 9, 2021 — CDF-Capital

## Investors

- CDF-Capital (https://capitalatlas.ai/funds/cdf-capital) — Angel
- CR Capital (https://capitalatlas.ai/funds/cr-capital) — Series A
- Allin Capital (https://capitalatlas.ai/funds/allin-capital) — Series A
- Xi'an Xinke Zhiyuan Venture Capital Co., Ltd. — Series A
- Shanghai Pudong Hi-tech Investment (https://capitalatlas.ai/funds/shanghai-pudong-hi-tech-investment) — Series A
- Nanjing Venture Capital (https://capitalatlas.ai/funds/nanjing-venture-capital) — Series A
- Ningbo Tongshang Fund (https://capitalatlas.ai/funds/ningbo-tongshang-fund) — Series A
- Kuntai Capital (https://capitalatlas.ai/funds/kuntai-capital) — Series A
- Shanzheng Innovation Investment — Series A
- Ningbo Yongcheng Asset Management (https://capitalatlas.ai/funds/ningbo-yongcheng-asset-management) — Series A