VisIC Technologies raises USD35 million in funding round led by GoldenSand Capital
The company aim to increase adoption of GaN semiconductors in electric transportation
According to official press release dated 25 August, VisIC Technologies has completed a USD35 million funding round to support the strong demand coming from a rising number of automotive clients, with the funding round led by GoldenSand Capital and HG Semiconductors (through Fast Semi Corporation. SuZhou industrial partner joined the investment round as a co-investor with an additional USD10 million.
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