Finwave Semiconductor Inc of Waltham, MA, USA has raised $12.2m in a Series A round of funding led by Fine Structure Ventures with additional participation from Citta Capital, Soitec, Safar Partners and Alumni Ventures. This follows an award of $4.3m in federal funding from the US Department of Energy Advanced Research Projects Agency-Energy (ARPA-E) SCALEUP (Seeding Critical Advances for Leading Energy technologies with Untapped Potential) grant, to help bring the company’s three-dimensional gallium nitride (3DGaN) technology to volume production. The funds will be used to expand the company’s team, product development activities and lab facilities...
Source: http://www.semiconductor-today.com/news ... 0722.shtml