Finwave Semiconductor secures $8.2M in funding to fuel market push and unlock true potential of GaN-on-Si for 5G/6G networks.
Finwave Semiconductor has announced securing $8.2 million in funding to enhance revenue generation and expand its product offerings while developing GaN-on-Si technology. The new investment round, led by Fine Structure Ventures, Engine Ventures, and Safar Partners, reflects strong support from industry leaders as Finwave transitions from focusing on technology innovation to delivering market-ready products.
Disaster Recovery (DR). Pierre-Yves Lesaicherre, CEO of Finwave, stated, “We are emboldened by the support of our investors, who share our belief in the commercial potential of our technology. This funding round validates the years of engineering and innovation behind our proprietary GaN-on-Si technology and provides resources we need to move from the development phase to delivering differentiated, high-performance products.”
The funds will be utilized to target sectors such as high-power RF switches and power amplifiers for communications and mobile devices. The company’s GaN-on-Si technology is designed to deliver performance improvements while capitalizing on the manufacturing advantages of high-volume CMOS silicon wafers.
Investors from Engine Ventures and Safar Partners expressed their confidence in Finwave's progress, noting its advancements in semiconductor technology and partnerships for production and distribution. With a commitment to delivering cost-effective RF devices, Finwave targets a range of applications, including communications infrastructure and medical equipment.