Gallium Semiconductor has completed hundreds of millions in Series A financing.

Recently, Hangzhou Gallium Semiconductor Co., Ltd. announced the completion of several hundred million yuan in Series A financing. This round was co-led by Fangguang Capital and Shenzhen Capital Group, with participation from Yuanzhi Xinghuo, China CNR Corporation, Zhuzhou High-Tech Industrial Investment, Huaro Investment, Yuhang Jin Control, Chuanhua Capital, and Jiadang Capital. Existing shareholders JiuZhi Capital and Yiling Capital also increased their investments significantly. According to Gallium Semiconductor, the funds from this round will focus on promoting the industrialization of gallium oxide: first, it will support downstream chip customers in completing device verification, collaboratively streamlining the entire link of "substrate epitaxy - chip devices - terminal applications" to promote demonstration applications at the terminal; second, it will expand the mass production capacity of 6/8-inch substrates and epitaxy to meet the growing order demands of customers with higher yields and delivery efficiency.