<ul><li>Cambridge GaN Devices (CGD) has raised $32 million in Series C funding to expand its power semiconductor production.</li><li>The investment was led by a strategic investor and included participation from British Patient Capital and existing investors.</li><li>CGD develops energy-efficient power semiconductors using gallium nitride (GaN) for electric vehicles and data centers.</li><li>The company's ICeGaN technology enables energy savings of up to 50% in high-power applications.</li></ul>

Cambridge GaN Devices raises $32 million to expand power semiconductor production

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