News: Microelectronics
3 June 2020
SweGaN named finalist in Nordic region’s Techarena Challenge 2020
SweGaN AB of Linköping, Sweden, which manufactures custom gallium nitride on silicon carbide (GaN-on-SiC) epitaxial wafers (based on a unique growth technology) for RF and power electronics devices, has been selected as one of the Nordic region's 50 leading companies in the Techarenan Challenge 2020.
For the seventh year, the Techarenan Challenge entrepreneurial competition has been launched for Nordic companies in the start-up and growth phase, regardless of the industry. From over 400 applications, the 50 finalists are active in a wide variety of industries, such as environmental technology, medical technology, e-health, fintech, edtech, and mobility.
The challenge is aimed at unique innovation or a business concept with the potential for commercialization in the global market. Each company has been evaluated by an expert jury where the focus is on scalability, sustainability, and well-defined growth opportunities.
SweGaN’s CEO Olof Kordina notes that 2019 and 2020 for SweGaN have involved the launch of new products, global recognition of its research projects, strong annual results, a number of awards, and rapidly growing brand recognition in the global market.
Events to select the Techarenan Challenge 2020 ‘Startup Company of the Year’ and ‘Growth Company of the Year’ take place in Stockholm on 9-10 June and on 13 November, where the 50 finalist companies will pitch to this year’s jury.
SweGaN selected as one of Nordic Cleantech Open top 25 most innovative start-ups
SweGaN grows revenue 300% year-on-year in 2019
