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VisIC Technologies Announces $26M Round B Investment Led by Global Semiconductor Leader; Hyundai Motor Company and Kia (Together as "HKMC") Joins as Strategic Investor
The global EV market is experiencing rapid growth, with automakers racing to improve driving range, reduce costs, and meet stricter sustainability targets. A critical bottleneck lies in the efficiency and scalability of power electronics, particularly traction inverters, which directly impact vehicle performance and energy consumption.
Problem Statement
Traditional silicon-based solutions struggle to deliver the efficiency and power density required for next-generation EV platforms, especially at higher voltages. While SiC (Silicon Carbide) devices offer improved performance, their high cost and complex manufacturing limit widespread adoption. VisIC's GaN-based D³GaN™ technology addresses these limitations by enabling smaller, lighter, and more efficient inverters—unlocking new possibilities for both 400V and 800V architectures.
Use of Funds
The new capital will accelerate VisIC's roadmap, including:
Executive Quotes
Tamara Baksht , CEO of VisIC Technologies:
Hyundai Motor Company and Kia:
Contact:
Dieter Liesabeths
dieter@visic-tech.com