UK-based Cambridge GaN Devices (CGD), a company that develops transistors and circuits by using the most energy-efficient material – Gallium Nitride (GaN), has raised $9.5M (approx €7.8M) in its Series A round of funding.
Investors in this round
The round was co-led by IQ Capital, Parkwalk Advisors, and BGF. Besides, the Series A round also saw participation from investors including Foresight Williams, Cambridge Enterprise, Martlet Capital, Cambridge Angels, and Cambridge Capital Group.