SweGaN raises €12.1 million in Series B funding led by Thisbe AB and North Ventures to scale production and drive global growth.
Amount Raised
€12.1 Million
Round Type
Series B
Investors
Description
SweGaN has successfully closed a €12.1 million Series B round to enhance its gallium nitride on silicon carbide epitaxial wafer production. The round was led by Swedish investor Thisbe AB and Danish firm North Ventures, along with existing shareholders. This up-round reflects strong investor confidence in SweGaN's progress and future potential. The funding will enable the company to scale responsibly and invest in innovation.
Quick answer
SweGaN raised €12.1 Million in a Series B round, dated August 18, 2026. Investors: Thisbe AB and North Ventures. SweGaN is based in Sweden.
- How much did SweGaN raise?
- SweGaN raised €12.1 Million in a Series B round on August 18, 2026.
- Who invested in SweGaN?
- Thisbe AB and North Ventures are named as investors in this round.
- What does SweGaN do?
- SweGaN is a Linköping-based DeepTech company specializing in the design, development, and manufacturing of gallium nitride on silicon carbide (GaN-on-SiC) epitaxial wafers.
- Where is SweGaN based and how big is it?
- SweGaN is based in Sweden. Fundz records about 37 employees.
Source: Fundz verified event record.
Who else raised in Manufacturing around the same time
Companies in the same sectors as SweGaN that raised within 45 days of this round, from Fundz verified event records.
- Hadrian raised $1.4B (Series D) on August 6, 2026.
- Hestus raised $7.4M (Seed) on October 2, 2026.
- T1 Energy raised $50M (Convertible Note) on October 2, 2026.
- Daptic raised $15M (Series A) on October 1, 2026.
- Charter Space raised $5M (Seed) on October 1, 2026.
- R2Crete raised $555K (Pre-Seed) on October 1, 2026.
Who to call at SweGaN, and when
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Funding Insights
What this usually meansSweGaN raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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