USA – Finwave Semiconductor, a Waltham, MA-based 5G tech-enabler, raised $12.2M in Series A funding.
The round was led by Fine Structure Ventures with participation from Citta Capital, Soitec, Safar Partners and Alumni Ventures. The company intends to use the funds to expand the team, product development activities and lab facilities.Founded in 2012 and led by CEO Dr. Bin Lu, Finwave Semiconductor had developed 3DGaNTM technology and a new transistor designed to optimize the potential of Gallium Nitride (GaN) and innovate key industries including 5G, AI, cloud computing, and EV and autonomous vehicles. Finwave’s 3DGaN technology improves linearity, output power and efficiency in 5G mmWave systems – while reducing costs for carriers. Finwave has offices in Massachusetts and California, as well as partners worldwide. 27/07/2022
