Cleantech Semiconductor Firm GaN Systems Raises First Round of Venture Capital

Posted in Efficient Appliances on November 9th, 2011 by News Desk –

Image credit: GAN Systems

Ottowa, Ontario — GaN Systems, a developer of power conversion semiconductors for cleantech applications, has raised its first round of venture capital, which was led by Chrysalix Energy Venture Capital and Rockport Capital.

Founded in 2008, GAN Systems is focused on bringing to market gallium nitride semiconductor devices targeted specifically at the demand for more efficient power conversion for electric vehicles, solar and wind generation, smart-grid switching and lithium battery management.

The company’s semiconductor technology is based on over 10 years of research at the National Research Council of Canada. It is designed to improve the economics of power devices by reducing energy conversion losses and increasing power production.

The company’s founders include John Roberts, CTO, who previously served as founder of Tundra as well as president of SiGe Semiconductor; Girvan Patterson, pervious founder and CEO of Orcatech, Vertigo Systems and Plaintree; and Geoff Haynes, former business manager for ASIC’s at Maxim Integrated Products in Europe and a co-founder of SiGe Semiconductor.

The management team has been responsible for founding and early-stage management of four semiconductor companies, and has collectively founded 11 start-ups and completed 10 IPOs and acquisitions.

GAN Systems website

Chrysalix Energy Venture Capital website

Rockport Capital website