What is Exagan?
Founded in 2014, Exagan operates at the intersection of advanced materials science and industrial power electronics. The company specializes in the development of GaN-on-silicon power switches, which are engineered to replace traditional silicon-based components. By utilizing standard 200-mm wafer fabrication processes, Exagan provides a scalable, high-performance solution that significantly reduces conduction losses in electrical converters.
The company's product portfolio, including its G-FET and G-DRIVE lines, serves a diverse array of sectors, ranging from solar energy and industrial automation to automotive and IT electronics. Through strategic partnerships with industry leaders like X-FAB Silicon Foundries and CEA-Leti, Exagan maintains a robust supply chain that ensures high reliability and quality standards for its global client base.
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
A subsidiary of CEA focused on supporting deeptech startups during their creation phase by leveraging laboratory-developed technologies.
Innovacom
A seasoned venture capital firm with over three decades of experience in supporting digital and industrial startups across various high-growth sectors.
Soitec
An international industrial leader specializing in the generation and manufacturing of high-performance semiconductor materials for global electronics markets.
What's next for Exagan?
With this major enterprise-level funding, Exagan is poised to transition from a technology-focused startup to a dominant player in the power semiconductor market. The strategic roadmap involves expanding production capacity to meet the surging demand for energy-efficient components in electric vehicles and data centers. Furthermore, the company is expected to deepen its collaborative efforts with international research institutes to refine its GaN technology, ensuring that its products remain at the forefront of power integration and efficiency. As the industry shifts toward more sustainable energy solutions, Exagan's ability to deliver high-performance, cost-effective power switches will be a key driver of its long-term growth and market leadership.
See full Exagan company page