What is Exagan?
Founded in 2014, Exagan is at the forefront of developing Gallium Nitride (GaN) on silicon technology, aiming to create smaller and more efficient electrical converters. The company's G-FET and G-DRIVE power switches are engineered for compatibility with standard 200-mm wafer fabrication facilities, ensuring a robust supply chain and high-reliability products. These GaN power switches offer superior power-switching performance with minimal conduction losses, enabling significant advancements in power integration and efficiency for applications spanning solar energy, industrial equipment, automotive systems, and IT electronics. Exagan collaborates with strategic partners such as X-FAB Silicon Foundries and CEA-Leti for technology development and manufacturing, and TV NORD GROUP for quality assurance and reliability.
How much funding has Exagan raised?
Exagan has raised a total of $6.5M across 1 funding round:
Unspecified
$6.5M
Unspecified (2015): $6.5M with participation from CEA Investissement, Innovacom, Soitec, IRDI Capital Investissement, and CM-CIC Innovation
Key Investors in Exagan
CEA Investissement
CEA Investissement, a subsidiary of CEA, focuses on investing in start-ups leveraging CEA technologies, particularly during their early development phases, supporting scientific and commercial advancement.
Innovacom
Innovacom is a venture capital firm with a significant investment history in digital startups, supporting companies across diverse sectors including electric vehicles, medical imaging, and materials for energy transition.
Soitec
Soitec is an industrial company specializing in the generation and manufacturing of high-performance semiconductor materials used in chips for consumer electronics, IT servers, and data centers.
What's next for Exagan?
The substantial enterprise-level funding and recent strategic investment signal a strong market validation for Exagan's GaN-on-silicon technology. This capital infusion is expected to accelerate the company's growth trajectory, enabling further research and development, scaling of manufacturing capabilities, and expansion into new markets. Exagan's focus on enabling smaller, more efficient electrical converters positions it to capitalize on the increasing global demand for energy-efficient solutions across various high-growth sectors, including renewable energy, electric vehicles, and advanced computing.
See full Exagan company page
