Tech Company Financing Transactions
SweGaN Funding Round
SweGaN closed a $14 million Series B funding round on 8/24/2026. Backers included North Ventures, Wallenberg Investments and private investors.
Transaction Overview
Company Name
Announced On
8/24/2026
Transaction Type
Venture Equity
Amount
$14,000,000
Round
Series B
Investors
North Ventures (Lead Investor)
Wallenberg Investments (Lead Investor)
Proceeds Purpose
The company intends to use the funds to expand production capacity, strengthen its commercial presence in key global markets, invest in talent and infrastructure, and accelerate R&D of next-generation GaN-on-SiC materials.
Company Information
Company Status
Private & Independent
Industry
Semiconductors
Mailing Address
Pursergatan 1
Linköping, 582 78
Sweden
Linköping, 582 78
Sweden
Phone
Undisclosed
Website
Email Address
Overview
Central to the creation of powerful semiconductor devices, the inherited material properties in each layer of gallium nitride transistor structures form the foundation on which device performance is established. We believe the material holds vast untapped potential -- awaiting discovery, enhancement, and utilization through advanced engineering. Our mission is to harness the tremendous power of GaN, releasing the material's full potential and empowering our customers to pioneer and innovate the next generation of high power and high frequency semiconductor devices.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jr-Tai Chen
Chief Financial Officer
Stefan Axelsson
Chief Operating Officer
Henrik Tölander
VP - Bus. Development
Ulf Nolemo
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