Power

Wise-integration raises €15M for global GaN solutions

1st March 2024
Sheryl Miles
0

Wise-integration, a French pioneer in digital control of gallium nitride (GaN) and GaN ICs for power supplies, has announced financing of €15 million.

The Series B round was led by imec.xpand, with participation from Supernova Invest, BNP Paribas Developpement, Région Sud Investissement (RSI), Creazur, CASRA Capital, and Angels for Greentech.

The round will fuel mass production and commercial deployment of the company’s flagship products, WiseGan and WiseWare, its disruptive digital-control technology, and its support for clients globally as they adopt these solutions. It included the five investors from the previous funding and three new investors.

CEO Thierry Bouchet, said: “The €15 million of new funding will accelerate the company’s international expansion, ongoing R&D programmes, and the introduction of new products and solutions.

“This funding will enable Wise-integration to accelerate our commercial development and product development and the launch of a new generation of high-performance GaN technology, which is designed to seamlessly integrate with digital controls and boost the efficiency and performance of power systems across various sectors,” Bouchet continued. “A third roadmap focus will be to broaden our WiseWare product development, targeting high-value markets, such as industrial, telecom, and automotive sectors.”

Since its launch in 2020, the fabless company has established itself as an award-winning innovator in the power electronics industry, building a portfolio of more than 10 patent families. WiseGan encompasses GaN power integrated circuits designed to maximise the benefits of GaN technology, including higher power density, efficiency, and reduced heat generation. WiseWare is a 32-bit, MCU- based, AC/DC digital controller optimised for GaN-based power supply architectures, offering simplified system design, a lower bill of materials, and improved power density and efficiency.

The company’s target markets include consumer electronics, from laptops to e-bikes, scooters, and motorcycles, to industrial applications like robotics, as well as data centres and electric vehicles. All its solutions address the increasing demands for miniaturisation, electrification, and efficient power management.

Wise-integration has established a first-class semiconductor GaN supply chain to support its mass production and commercialisation strategy, while ensuring the most competitive costs in the market.

“Wise-integration's GaN technology can play a significant role in the global shift to electrification by enhancing the efficiency and performance of power systems across various sectors,” said Cyril Vančura, imec.xpand partner. “In the four years since its founding, this startup has demonstrated the vision, drive, execution, and technological knowhow to deliver game-changing power-electronics solutions, and we look forward to witnessing the next phase of its growth journey.”

“With this new funding, Supernova Invest reaffirms its support for Wise-integration, a CEA-Leti spin-off that we have trusted since its creation,” said Damien Bretegnier, Investment Director, Supernova Invest. “We strongly believe in the huge potential of its WiseWare digital control technology and associated WiseGan components, anticipating a profound revolution in the power conversion market that propels GaN technology to replace legacy solutions even more rapidly.”

“Wise-integration is one of the finest up-and-coming companies in the hardware sector, a key sector in our beautiful region,” said Pierre Joubert, General Director of RSI. “A high-potential company with a top management team, it fits in perfectly with the investment thesis of our Transition fund and its 100% Paris Agreement strategy. It has all the assets to become one of the strong links in the regional economic development strategy.”

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