VisIC Technologies has announced the successful second closing of its Round B funding, raising $26 million to drive the advancement and deployment of cutting-edge Gallium Nitride (GaN) power semiconductor technology for electric vehicles. The funding round was led by a major global semiconductor leader, with Hyundai Motor Company and Kia (HKMC) joining as strategic investors.
The investment marks a significant milestone for VisIC, further cementing its position as a pioneer in high-performance GaN power devices designed for automotive traction inverters and the future of electric mobility.
Driving the Future of EV Power Electronics
As the global electric vehicle market rapidly expands, demand is increasing for power electronics that can deliver higher efficiency, improved range, and enhanced sustainability. Traditional silicon technologies are reaching their performance limits, while silicon carbide (SiC), though powerful, remains costly for mass-market adoption.
VisIC’s proprietary D³GaN™ platform offers a breakthrough solution—providing exceptional efficiency, scalability, and reliability for both 400V and 800V EV architectures. This enables the development of traction inverters that are smaller, lighter, and more energy-efficient, directly contributing to extended driving ranges and reduced system costs.
How the New Funding Accelerates VisIC’s Growth
The new capital injection will support several key initiatives critical to VisIC’s roadmap:
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Optimization, qualification, and release of Gen3 750V GaN dice and power modules
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Development of Gen4 1350V GaN technology to expand compatibility across a wider range of EV designs
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Strengthening of the GaN supply chain and scaling product delivery for automotive traction inverter applications
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Expansion into 800V data-center power systems, an emerging market where GaN promises major efficiency gains
These steps position VisIC at the forefront of next-generation EV power systems and high-efficiency power infrastructure.
Leadership and Partners Weigh In
Tamara Baksht, CEO of VisIC Technologies, emphasized the strategic importance of the investment:
“This investment marks a major milestone for VisIC and the global EV industry. Our D³GaN technology is redefining power electronics for electric vehicles, and the support of our strategic partners accelerates our mission to deliver high-efficiency, scalable solutions for the next generation of mobility.”
In a joint statement, Hyundai Motor Company and Kia highlighted their commitment to transformative innovation:
“Hyundai Motor Company and Kia are committed to advancing sustainable mobility. Partnering with VisIC enables us to integrate cutting-edge GaN technologies into our EV platforms, enhancing efficiency, reliability, and performance as we shape the future of electric transportation.”
