About GaN Systems
GaN Systems is a company based in Ottawa (Canada) founded in 2008 was acquired by Infineon in March 2023.. GaN Systems has raised $170 million across 7 funding rounds from investors including Fidelity Investments, Infineon and Delta Electronics. GaN Systems operates in a competitive market with competitors including ZF, HELLA, Cummins, Cooper Standard and Gentex, among others.
- Headquarter Ottawa, Canada
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Sectors
Chemicals & Materials
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Gan Systems Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$170 M (USD)
in 7 rounds
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Latest Funding Round
$150 M (USD), Series B
Nov 18, 2021
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Investors
Fidelity Investments
& 12 more
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Employee Count
Employee Count
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Acquired by
Infineon
(Mar 02, 2023)
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Funding Insights of GaN Systems
GaN Systems has successfully raised a total of $170M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $150 million completed in November 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 7
- Last Round Series B — $150.0M
- First Round First Round
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2021 | Amount | Series B - GaN Systems | Valuation | Fidelity Investments | |
| Dec, 2019 | Amount | Series B - GaN Systems | Valuation | Mirai Creation Fund |
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| Dec, 2017 | Amount | Series B - GaN Systems | Valuation | BMW i Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in GaN Systems
GaN Systems has secured backing from 13 investors, including institutional and venture fund investors. Prominent investors backing the company include Fidelity Investments, Infineon and Delta Electronics. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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BMW i Ventures is focused on investing in automotive technology startups.
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Founded Year | Domain | Location | |
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PE firm focused on investing in tech companies operating across Japan
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Founded Year | Domain | Location | |
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Chrysalix Venture Capital is focused on industrial innovation investments.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by GaN Systems
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - GaN Systems
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Gan Systems Comparisons
Competitors of GaN Systems
GaN Systems operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ZF, HELLA, Cummins, Cooper Standard and Gentex, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Mobility systems are developed for cars, vehicles, and industrial uses.
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| domain | founded_year | HQ Location |
Electronic components are manufactured and supplied to OEMs and aftermarket.
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| domain | founded_year | HQ Location |
Manufacturer of gas-powered construction equipment
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| domain | founded_year | HQ Location |
Systems and components for the automotive industry are supplied worldwide.
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| domain | founded_year | HQ Location |
Gentex Corporation is engaged in developing automotive and safety technologies.
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| domain | founded_year | HQ Location |
Manufacturer of bearings for the automotive industry
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Gan Systems
Frequently Asked Questions about GaN Systems
When was GaN Systems founded?
GaN Systems was founded in 2008 and raised its 1st funding round 3 years after it was founded.
Where is GaN Systems located?
GaN Systems is headquartered in Ottawa, Canada. It is registered at Ottawa, Ontario, Canada.
Is GaN Systems a funded company?
GaN Systems is a funded company, having raised a total of $170M across 7 funding rounds to date.
What does GaN Systems do?
GaN Systems was founded in 2008 and is headquartered in Ottawa, Canada. Operations focus on the semiconductor sector, where products including microcontrollers, power management solutions, sensors, and security ICs are developed. These components are applied in automotive, industrial, consumer electronics, and IoT fields. Design resources, technical support, and training are provided to facilitate customer integration and development processes.
Who are the top competitors of GaN Systems?
Who are GaN Systems's investors?
GaN Systems has 13 investors. Key investors include Fidelity Investments, Infineon, Delta Electronics, Vitesco Technologies, and BDC.
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