EpiGaN announced that the Belgium Federal Holding and Investment Company (FPIM/SFPI) has joined its group of investors to fund the company's product portfolio expansion and global strategy execution.
Joining this capital increase, EpiGaN's investors LRM and Capricorn Cleantech Fund re-confirm their continuous support for EpiGaN's market and technology strategies. EpiGaN, with its production site at the Corda Campus in Hasselt/Belgium, is a global supplier of GaN-on-Si and GaN-on-SiC material solutions.
This next-generation semiconductor technology has started to revolutionize important market segments such as the energy sector where GaN enables smaller, lighter and more energy-efficient power conversion systems, such as consumer power supplies, and data servers.
Gallium Nitride is also the key technology enabler for wireless communication, offering the capability for a larger data exchange capacity, low latency, and enhanced mobile broadband communication as required for transitioning from LTE/4G to 5G, as well as autonomous driving and the Internet of Things.
Over the past few years EpiGaN has released innovative and unique product solutions for epitaxial GaN layer structures deposited on 150mm and 200mm Si substrates, in particular with its in-situ SiN (Silicon Nitride) passivation, which enables more robust high-performance devices.
EpiGaN's product portfolio covers state-of-the-art solutions for low-loss power switching, next-generation 5G radio-frequency/mobile communication and sensor applications.
EpiGaN co-founder and CEO, Dr Marianne Germain
"We are extremely pleased to add FPIM, the respected Belgium Federal Holding and Investment Company, as the fifth investor in EpiGaN. This investment will support our efforts to execute our strategy towards offering turn-key solutions and services to our global customer base," said EpiGaN co-founder and CEO, Dr Marianne Germain.
"It is really great to see that FPIM and our initial investors share our views about the vast opportunities ahead for EpiGaN," concluded Germain.
EpiGan was founded in 2010 as a spin-off from renowned Belgian micro- and nano-electronics research center imec.
Koen Van Loo, CEO of FPIM, commented: "EpiGaN is a pioneer in next-generation GaN technology solutions. We are very pleased to support a Belgian high-tech company like EpiGaN during their global expansion and strategy execution phase. EpiGaN has developed a unique expertise and differentiating technology and we expect the company to capture a significant share of these high-growth markets."
