News

Cambridge GaN Devices, Secures $32M to Drive Growth in Power Semiconductor Industry

February 19, 2025

EMV Capital managed Martlet Capital is excited to share that portfolio company, Cambridge GaN Devices (CGD), has today announced that it has secured $32M to expand its operations in Cambridge, North America, Taiwan and Europe.

Cambridge GaN Devices, a Cambridge University spinout, develops energy-efficient semiconductors using gallium nitride (GaN), reshaping the future of power electronics.

Their technology will help electric vehicles and data centres be more energy efficient, presenting major opportunities in the global power semiconductor industry.

With a global team of experts, decades of research, and a commitment to pushing the boundaries of GaN technology, CGD continues to deliver solutions that enhance everyday electronics.

As the world advances toward electrification and sustainability, CGD’s leadership in GaN technology offers a pathway to reduce energy consumption, lower costs, and mitigate environmental impact. By enabling efficient, compact, and high-performance power devices, CGD is setting a new standard for sustainable power electronics.