# SweGaN

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/swegan

- Industry: Semiconductors
- Headquarters: Linkoping, Sweden
- Website: www.swegan.se
- Total disclosed funding: $26M
- Latest round: Series B (Aug 17, 2026)
- Investors on record: 9

## About

SweGaN AB, based in Sweden, specializes in advanced GaN-on-SiC epitaxial wafers, offering innovative solutions for high-performance RF applications and power segments, significantly enhancing energy efficiency and device capabilities. 
Founded in 2014 in Linköping, Sweden, SweGaN AB focuses on the development of GaN-on-SiC technology. The CEO is Jonas Nilsson, and the founder, Jr-Tai Chen, has a background in semiconductor technologies. In August 2026, SweGaN AB raised USD 14 million in series B funding led by Thisbe AB, with participation from North Ventures. 
SweGaN specializes in high-performance GaN-on-SiC epitaxial wafers, utilizing its proprietary QuanFINE® growth technology. Its products cater to advanced RF applications like 5G telecommunications and defense radars, as well as high-voltage power switches for electric vehicles. The company serves a diverse clientele including integrated device manufacturers (IDMs) and system manufacturers, providing tailored material designs to expedite market readiness. 
SweGaN AB generates revenue primarily through the development, manufacturing, and sale of gallium nitride on silicon carbide (GaN-on-SiC) epitaxial wafers for semiconductor companies serving telecommunications, defense, satellite communications, and power electronics markets. The company also earns revenue from custom-engineered wafer solutions, material characterization, device processing, evaluation services, and collaborative R&D projects with industry partners and customers. 
The company plans to utilize August 2026 funding to expand production, grow its market presence, advance material development, and support future expansion.

## Funding rounds

- Series B, Aug 17, 2026, $14M — North Ventures, Thisbe
- Series A, Oct 4, 2022, $11M — Atlantic Bridge, MediaTek Ventures, Mount Wilson Ventures, STOAF, Intertech Ventures
- Seed, Sep 1, 2017, $0.8M — ALMI Invest, Mount Wilson Ventures, LiU Invest
- Seed, Oct 31, 2016 — Mount Wilson Ventures

## Investors

- Mount Wilson Ventures (https://capitalatlas.ai/funds/mount-wilson-ventures) — Seed, Series A
- ALMI Invest — Seed
- LiU Invest (https://capitalatlas.ai/funds/liu-invest) — Seed
- Atlantic Bridge (https://capitalatlas.ai/funds/atlantic-bridge) — Series A
- MediaTek Ventures (https://capitalatlas.ai/funds/mediatek-ventures) — Series A
- STOAF (https://capitalatlas.ai/funds/stoaf) — Series A
- Intertech Ventures — Series A
- North Ventures (https://capitalatlas.ai/funds/north-ventures) — Series B
- Thisbe — Series B