Alternative Energy Startup Transphorm Closes $15 Million

Transphorm, a global semiconductor company that develops gallium nitride (GaN) products for high-voltage power conversion applications, completed $15 million in financing from YASKAWA.

Transphorm aims to create innovations that move beyond the limitations of silicon to capture 90% of today’s energy losses. According to the company, it is built on an industry-leading IP portfolio and 300 years of combined GaN engineering expertise,

Transphorm intends to allocate the funds to various areas of its GaN product development.