What does Finwave Semiconductor do?
Finwave Semiconductor specializes in semiconductor manufacturing, offering advanced GaN-on-Si transistor and RF chip technology. Its products are designed to optimize Gallium Nitride performance for a wide range of applications including communications infrastructure, Wi-Fi routers, satellite, radar, drones, and medical equipment.
How much did they raise?
The company raised $8.2 million in funding led by Fine Structure Ventures, Engine Ventures, and Safar Partners, with participation from technology partner GlobalFoundries. The round does not specify a series designation.
What are their plans for the money?
Finwave Semiconductor intends to use the funds to accelerate revenue generation, expand its product portfolio, and further develop its innovative GaN-on-Si technology for market segments such as high-power RF switches, power amplifiers for communications infrastructure, and mobile devices. This investment is poised to enhance its market position and technological innovation.
What have they achieved so far?
The company has made significant strides with its differentiated GaN-on-Si RF chips, which are engineered to optimize Gallium Nitride performance across various RF applications, underscoring its progress in semiconductor technology.
