# Cambridge GaN Devices Ltd: Semiconductors, Milton, United Kingdom

> Cambridge GaN Devices Ltd: Cambridge GaN Devices Ltd (CGD) is a fabless semiconductor company founded in 2016 as a spin-out from the University of Cambridge.

Source: https://millionrounds.com/startup/cambridge-gan-devices-ltd (Millionrounds; every figure on the page links to its filing or article)

United Kingdom · [Semiconductors startup](https://millionrounds.com/companies)

# Cambridge GaN Devices Ltd

Cambridge GaN Devices Ltd (CGD) is a fabless semiconductor company founded in 2016 as a spin-out from the University of Cambridge.

Funding reported Last round: Series B

Semiconductors Milton, United Kingdom

Company summary

- **Founded:** 2016 10 years old
- **Team:** 63 51 to 200 people
- **Funding reported:** 32M as listed, currency not stated
- **Last round:** Series B Nov 2022

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Cambridge GaN Devices Ltd has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Cambridge GaN Devices Ltd

Cambridge GaN Devices Ltd (CGD) is a fabless semiconductor company founded in 2016 as a spin-out from the University of Cambridge.

The company specializes in designing and commercializing energy-efficient Gallium Nitride (GaN) power devices, focusing on its innovative ICeGaNTM technology. This includes the enhancement-mode GaN transistors that operate similarly to traditional Silicon MOSFETs, eliminating the need for special gate drivers and complex circuitry. CGD has launched two product series, the H1 and H2 Series, representing its first and second generations of ICeGaNTM GaN HEMTs. Headquartered in Cambridge, UK, CGD targets various sectors, including data centers, industrial inverters, motor control, and automotive applications. The company aims to provide compact, customized semiconductors that enhance power conversion efficiency. With a team of approximately 40 to 60 employees and a presence in multiple locations, CGD has raised over $59.8 million in funding to support its mission of advancing power electronics and contributing to greener technology.

## What company datasets say Cambridge GaN Devices Ltd raised

Funding, as reported

Reported in all **32M** in the source's currency

Rounds **3**

Last round **Series B**

Last round size **32M**

Last round date **Nov 2022**

Investors listed **9**

## Funding filed with regulators

Cambridge GaN Devices Ltd filed 2 raises, $32M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Dec 2024 **$25M** UK share allotment
- Dec 2024 **$7.4M** UK share allotment

## On 3 portfolio pages

Investors who name them

- [NetScientific PLC](https://millionrounds.com/fund/netscientific-plc)
- [EMV Capital](https://millionrounds.com/fund/emv-capital-plc)
- [Martlet Capital](https://millionrounds.com/fund/martlet)

Each firm lists Cambridge GaN Devices Ltd on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

gan power ics scalable design hardware gate drivers gan power ics with smart gate technology low cost clean energy & technology semiconductor manufacturing power transistors low on-state resistance gan power transistors gan power ics low losses gan power ics for aerospace and defense power density high reliability distribution manufacturing

Built with from their website

Salesforce CRM Google Tag Manager Azure Log Analytics Amazon CloudFront Salesforce Marketing Cloud Atlassian PWA Google Ads Salesforce Web-To-Lead YouTube

+8 more

Cloudflare DNS CloudFlare Viewport Meta Emotion Next.js Google Analytics Element UI HTTP/3

- **Sector:** Semiconductors
- **Industry code:** NAICS 334413, SIC 3671, 3674
- **Region:** England
- **Revenue:** 31M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/cambridge-gan-devices)

## Semiconductors in United Kingdom

Startups like it

- [**OLIX** London · founded 2024 *Raised*](https://millionrounds.com/company/olix)
- [**XMOS** Bristol · founded 2005 *Raised*](https://millionrounds.com/company/xmos)
- [**Paragraf** Somersham · founded 2018 *Raised*](https://millionrounds.com/company/paragraf)
- [**Agile Analog** Cambridge · founded 2017 *Raised*](https://millionrounds.com/company/agile-analog)
- [**BuffaloGrid** Belfast · founded 2011 *Raised*](https://millionrounds.com/company/buffalogrid)
- [**Teysha Technologies** London · founded 2017 *Raised*](https://millionrounds.com/company/teysha-technologies)
- [**Nexeon Ltd** Abingdon · founded 2006](https://millionrounds.com/startup/nexeon-ltd)
- [**Pragmatic Semiconductor** Cambridge · founded 2010](https://millionrounds.com/startup/pragmatic-semiconductor)

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