# Transphorm

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

- Industry: Semiconductors
- Headquarters: Santa Barbara, US
- Website: www.transphormusa.com
- Total disclosed funding: $86M
- Latest round: Series E (Oct 1, 2012)
- Investors on record: 8

## About

Founded in 2007 by CEO Umesh Mishra and based in California, US, Transphorm Inc. operates as a manufacturer of gallium nitride (GaN) semiconductors for robotics, transportation, and other industrial application. In December 2021, Transphorm Inc. raised USD 12.9 million in PIPE funding from Boardman Bay Capital Management and MCM Investment Partners. In January 2020, Transphorm Inc. became a publicly listed company after merging with Peninsula Acquisition Corporation, a special purpose acquisition company (SPAC). The transaction was completed in March 2020. In June 2020, Transphorm Inc. raised USD 152.91 million in a private placement, selling 38.23 million shares at USD 4 per share. In December 2021, Transphorm Inc. raised USD 55.14 million in a private placement, selling 9.18 million shares at USD 6 per share. The company trades in OTCQX under the ticker symbol TGAN. 

The products developed by the company's engineers include 650V GaN FETs, 900V GaN FETs, and Automotive (AEC-Q101) Qualified GaN FETs.

## Funding rounds

- Series E, Oct 1, 2012, $35M — Kleiner Perkins, Foundation Capital, Soros Fund Management, Lux Capital, GV, INCJ, Bright Capital, Nihon Inter Electronics Company
- Series D, Jun 23, 2011, $25M — Kleiner Perkins, Foundation Capital, Soros Fund Management, Lux Capital, GV
- Series C, Feb 23, 2011, $20M — Kleiner Perkins, Foundation Capital, Lux Capital, GV
- Series A, May 1, 2007, $6.2M — Kleiner Perkins

## Investors

- Kleiner Perkins (https://capitalatlas.ai/funds/kleiner-perkins) — Series A, Series C, Series D, Series E
- Foundation Capital (https://capitalatlas.ai/funds/foundation-capital) — Series C, Series D, Series E
- Lux Capital (https://capitalatlas.ai/funds/lux-capital) — Series C, Series D, Series E
- GV (https://capitalatlas.ai/funds/gv) — Series C, Series D, Series E
- Soros Fund Management — Series D, Series E
- INCJ — Series E
- Bright Capital — Series E
- Nihon Inter Electronics Company — Series E