As the world’s demand for energy-efficient electronics grows, gallium nitride (GaN) power devices are emerging as a critical technology for reducing power consumption and increasing efficiency. Unlike traditional silicon-based power electronics, GaN devices operate at higher switching frequencies and offer up to 50% energy savings, making them essential for applications in data centers, EV chargers, and industrial power systems.
$32M to drive global expansion
An innovator in GaN power devices, Cambridge GaN Devices (CGD) has raised $32 million in Series C funding. The round was led by a strategic investor, with continued support from existing backers, including Foresight Group, BGF, Cambridge Innovation Capital (CIC), Parkwalk, IQ Capital, and British Patient Capital.
Notably, Foresight’s Ventures team reinforced its commitment to CGD with a £1.1 million investment in this round. The funding will enable CGD to expand its operations in the UK, Taiwan, Europe, and North America, catering to a growing customer base in high-power industrial, data center, and automotive markets.
Pioneering GaN innovation
It is a semiconductor company founded in 2016 as a University of Cambridge spin-out by Dr. Giorgia Longobardi and Prof. Florin Udrea to commercialise a new generation of GaN power devices. The company’s vision is to redefine power electronics by providing high-performance, energy-efficient solutions that serve as drop-in replacements for conventional silicon chips.
By enhancing efficiency and minimising energy loss, CGD’s technology is expected to drive significant energy savings, reducing global CO₂ emissions across industries.
CGD has developed an advanced GaN-based architecture that allows its power chips to seamlessly replace traditional silicon-based devices while offering greater efficiency. These high-efficiency solutions have the potential to reduce energy bills by up to 10% and cut millions of tons of CO₂ emissions, particularly in applications such as data centers, power supplies, and EV charging infrastructure.
What does the future hold?
With fresh capital in hand, CGD is set to scale its operations globally, expanding its product portfolio and manufacturing capabilities to meet the rising demand for GaN power solutions. As industries transition toward greener and more efficient energy consumption, CGD’s cutting-edge technology will play a pivotal role in enabling sustainable power management.
By leading the charge in GaN power device innovation, CGD is not only shaping the future of power electronics but also contributing to a more energy-efficient and environmentally friendly world.
Dr. Giorgia Longobardi, CEO and Founder of Cambridge GaN Devices, commented on the investment: “This funding round marks a pivotal moment for CGD. It validates our technology and vision to revolutionise the power electronics industry with our efficient GaN solutions and make sustainable power electronics possible. We’re now poised to accelerate our growth and make a significant impact in reducing energy consumption across multiple sectors. We look forward to collaborating with our strategic investor to penetrate the automotive market”.
Rubina Singh, Senior Investment Manager, at Foresight Group, added: “We are delighted to continue backing the ambitious CGD team in bringing groundbreaking GaN technologies to market. As we strive towards a low-carbon future, CGD’s products can deliver higher performance while enabling up to 50% energy savings across multiple growing sectors such as automotive, renewable energy, and data centres. We look forward to seeing the impact that CGD can make in enabling greener power electronics”
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