Wise-integration wins €15 million funding
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 programs 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 innovator in the power electronics industry, building a portfolio of more than 10 patent families.
WiseGan encompasses GaN power integrated circuits designed to maximize 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 optimized 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 miniaturization, electrification and efficient power management.