FinTechFunding

VisIC Technologies: Raises $35M in Funding

VisIC Technologies Raises $35M in Funding

  • VisIC Technologies, a Ness Ziona, Israel-based world leader in GaN electronics for xEV applications, focused on high-power automotive solutions, raised $35M in funding
  • The round was led by GoldenSand Capital and HG Semiconductors through Fast Semi Corporation
  • SuZhou industrial partner joined the round as a co-investor with an additional $10M
  • Sonny Wu, representing Fast Semi Corporation, will join the Board of Directors of VisICTechnologies
  • The company intends to use the funds to expand operations and its business reach
  • VisICTechnologies is a world leader in GaN electronics for xEV applications, focused on high-power automotive solutions
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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