#None #electric vehicles #VisIC Technologies #GaN Semiconductors

VisIC Technologies Ltd., known for its innovations in Gallium Nitride (GaN) power semiconductors, has made a significant step forward in its mission to enhance electric mobility. Recently, the company announced it successfully closed a second round of Series B funding totaling $26 million. This funding round was spearheaded by a global leader in semiconductor technology, with strategic backing from Hyundai Motor Company and Kia (collectively referred to as "HKMC").

Advancements in GaN Technology

VisIC Technologies focuses on the development of advanced semiconductor solutions for electric vehicles. Their proprietary D³GaN™ platform aims to revolutionize the efficiency and scalability of power electronics used in traction inverters, which are critical for the performance of EVs. The participation of HKMC not only brings financial support but also signifies a commitment to integrating GaN technology into mass-production electric vehicle platforms.

The global electric vehicle market is experiencing unprecedented growth, with manufacturers striving to enhance driving ranges, curtail costs, and adhere to stricter sustainability requirements. A significant challenge in this realm is improving the efficiency and scalability of power electronics, particularly for traction inverters that influence vehicle performance and energy consumption directly.

Overcoming Limitations of Traditional Technologies

Traditional silicon-based semiconductor solutions often struggle to provide the efficiency and power density that modern EV platforms demand, particularly at higher voltage levels. Although Silicon Carbide (SiC) devices have shown improved performance, their elevated costs and complex manufacturing processes hinder widespread adoption.

VisIC’s GaN-based D³GaN™ technology presents a viable solution to these challenges by facilitating the manufacture of smaller, lighter, and more efficient inverters. This advancement allows for new possibilities in both 400V and 800V electric vehicle architectures.

Utilization of Funds

The fresh capital infusion will significantly advance VisIC's roadmap, particularly in the following areas:

• - Optimization, qualification, and release of their Gen3 750V GaN dice and power modules.
• - Development of Gen4 1350V GaN technology to accommodate a broad spectrum of EV designs.
• - Stabilization of the supply chain and enhancement of GaN product delivery specifically for traction inverters.
• - Expansion into emerging requirements for 800V data center power, leveraging the advanced capabilities of their GaN platform.

Executive Insights

Tamara Baksht, CEO of VisIC Technologies, expressed enthusiasm about this investment, stating: "This is a monumental milestone for VisIC and the global electric vehicle sector. Our D³GaN technology is changing power electronics for electric vehicles, and our strategic partners' support accelerates our goal of providing high-efficiency, scalable solutions for future mobility."

Hyundai and Kia representatives also commented on this collaboration, emphasizing their dedication to promoting sustainable mobility. They noted, "Partnering with VisIC allows us to embed state-of-the-art GaN power technologies into our EV platforms, thus enhancing efficiency, reliability, and performance as we redefine the future of electric transportation."

As the demand for electric vehicles continues to soar, the strategic collaboration between VisIC Technologies and key industry players such as Hyundai and Kia marks a crucial advancement in semiconductor technology aimed at bolstering the capabilities of electric vehicles, ensuring that they meet the evolving needs of consumers and regulatory standards alike.