# WaveLord

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

- Industry: Semiconductors
- Headquarters: Hwaseong-si, South Korea
- Website: www.wavelord.co.kr/
- Total disclosed funding: $9.2M
- Latest round: Series B (Oct 1, 2025)
- Investors on record: 3

## About

WaveLord Inc., based in South Korea, specializes in manufacturing advanced semiconductor technologies, particularly Gallium Nitride (GaN) products that serve the rising demands of microLED displays and power semiconductor devices.Founded in 2019 and headquartered in Hwaseong-si, South Korea, WaveLord Inc. focuses on semiconductor manufacturing with a specialization in GaN technologies. The company has successfully completed a Series B funding round in October 2025, raising KRW 13 billion from investors including KDB Capital, Quantum Ventures Korea, and returning investor STIC Ventures. WaveLord's founder has a background that supports their innovative approach to semiconductor solutions.WaveLord specializes in advanced semiconductor technologies, primarily focusing on Gallium Nitride (GaN) products which cater to the evolving demands of microLED displays and power semiconductor devices. Their core offerings include ultra-small LED chips that function as pixel drivers in next-generation display systems and GaN-based power semiconductors designed for amplification, conversion, and modulation in telecommunications and power electronics. The company utilizes proprietary technologies developed by a skilled engineering team to address industry trends towards high-efficiency and environmentally friendly materials, targeting diverse clients including manufacturers of displays and electronic devices across North America, Europe, and Asia.WaveLord generates revenue through direct sales of its semiconductor products to manufacturers and businesses in the electronics sector. Their business model emphasizes business-to-business transactions, providing tailored GaN solutions and microLED components to meet specific client needs. Revenue streams include both one-time purchases and ongoing contracts for supply agreements, particularly for flagship products like microLED light sources and GaN epitaxial wafers, ensuring efficiency and reliability in the supply chain.In October 2025, WaveLord Inc. raised KRW 13 billion in Series B funding which will be utilized for operating capital and further business development. The company is expected to leverage this funding for the design and launch of new products aimed at enhancing their semiconductor offerings. WaveLord plans to expand into new geographic markets, particularly in regions with increasing demand for their technologies, aligning with their strategic goals for growth.

## Funding rounds

- Series B, Oct 1, 2025, $9.2M — KDB Capital, Quantum Ventures Korea, STIC Ventures

## Investors

- KDB Capital (https://capitalatlas.ai/funds/kdb-capital) — Series B
- Quantum Ventures Korea (https://capitalatlas.ai/funds/quantum-ventures-korea) — Series B
- STIC Ventures (https://capitalatlas.ai/funds/stic-ventures) — Series B