20 October 2020
MediaTek invests in VisIC’s Series E funding round
VisIC Technologies Ltd of Ness Ziona, Israel – a fabless supplier of power conversion devices based on gallium nitride (GaN) transistor devices for automotive high-voltage applications – has raised a Series E financing round with participation from MediaTek Inc, the world’s fourth largest global fabless semiconductor company, which develops systems-on-chip (SoC) for a mobile device, home entertainment, connectivity, and IoT products. The new funding will help the firm to enlarge its portfolio of products based on its proprietary D3GaN (Depletion-mode Direct Drive GaN) process for high-power systems in electrical vehicles (EVs).
“This round of financing will help us to enlarge our portfolio and continue to develop a solid manufacturing foundation for existing products,” says CEO Dr Tamara Baksht. “As a great innovative fabless company, MediaTek is a constant source of inspiration for us to work harder and to deliver new technological solutions,” she adds. “We have a lot to learn from MediaTek how to grow innovation and make a difference in the mutual automotive market.”
MediaTek, which addresses several key technology areas including highly power-efficient mobile technologies, automotive solutions and a broad range of advanced multimedia products, aims to contribute its experience to accelerate VisIC’s innovation and sales.
“VisIC has impressive innovation and development around GaN for high-power electric vehicles that improves the efficiency and performance, from hybrid up to full-electric applications,” says Dr Lawrence Loh, senior VP of MediaTek. “This technology is key to improve electric vehicle performance and affordability.”
VisIC partners with ZF to develop EV inverters
VisIC launches 100kW motor inverter reference design for 800V power-bus based on D3GaN