Canada’s power chip maker GaN Systems raises $150 million, pushes on electric car market

Canada’s power chip maker GaN Systems raises $150 million, pushes on electric car market

3 years ago
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https://www.reuters.com/article/semiconductors-power-funding/canadas-power-chip-maker-gan-systems-raises-150-million-pushes-on-electric-car-market-idUSKBN2I31AU

Canadian power chip maker GaN Systems on Tuesday said it raised $150 million in a funding round led by Fidelity Management & Research as it seeks to expand its market share, including a big push into the electric car market.

Canada’s power chip maker GaN Systems raises $150 million, pushes on electric car market

Nov 18, 2021, 1:25pm UTC
https://www.reuters.com/article/semiconductors-power-funding/canadas-power-chip-maker-gan-systems-raises-150-million-pushes-on-electric-car-market-idUSKBN2I31AU >Canadian power chip maker GaN Systems on Tuesday said it raised $150 million in a funding round led by Fidelity Management & Research as it seeks to expand its market share, including a big push into the electric car market.