EpiGaN Welcomes ACAPITAL as new investor
EpiGaN, a European supplier of commercial 150mm- and 200mm- GaN-on-silicon epi-wafers for 600V HEMT devices, has announced that the Brussels/Beijing-based European private equity fund ACAPITAL has joined the initial investors in EpiGaN to fund the company's expansion in particular to Asian markets.
EpiGaN offers solutions for epitaxial GaN layer structures on 150mm and 200mm silicon substrates in particular with its in-situ SiN passivation, enabling robust high-performance devices. EpiGaN's product portfolio covers solutions for low-loss power switching, RF/Mobile communication power and sensor applications.
"We believe ACAPITAL is the right partner to support the expansion of our business activities into Asia, where we see great opportunities right now," said EpiGaN co-founder and CEO Marianne Germain.
"Our initial investors stay in place to support the continuous growth of the company." EpiGaN was founded in 2010 by Marianne Germain (CEO), Joff Derluyn (CTO) and Stefan Degroote (COO), as a spin-off from Belgian micro- and nano-electronics research center Imec.
Andre Loesekrug-Pietri, founder and managing partner of ACAPITAL commented: "We are very pleased to support the growth of EpiGaN and to join its board of directors. EpiGaN has developed a unique expertise in the GaN-on-silicon technology for semiconductors, which will allow to build the next generation of energy-efficient devices.
"Applications are massive: power-electronics, internet of things, smart grid applications, mobile communications and electric mobility: most areas linked with Industry 4.0 and Energy Transition, which are core investment areas for ACAPITAL.".
He added: " EpiGaN is uniquely positioned to grasp a significant share of these high-growth markets. We look forward to help scale EpiGaN internationally and in Asia and China in particular, the largest market in the world."