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- VisIC Technologies
VisIC Technologies Valuation, Funding & Investors
VisIC Technologies is valued at $1.1B as of August 2021.
About VisIC Technologies
VisIC Technologies is an Israel-headquartered semiconductor firm specializing in gallium nitride power devices for electric vehicles and fast chargers. Based in Ness Ziona, the company produces high-voltage transistors and diodes rated up to 1,200 volts with switching frequencies over 1 MHz. VisIC supplies automotive OEMs like Renault and infrastructure providers for onboard chargers exceeding 11 kW. Established in 2010, it holds patents in enhancement-mode GaN technology.
Founded
2010
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Product sales
Valuation
$1.1B (Aug 2021)
VisIC Technologies Valuation
VisIC Technologies is currently valued at $1.1B, based on its Series F in August 2021.
The $35M round was led by Fast Semi Corp. and GoldenSand Capital.
VisIC Technologies valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Aug 2021 | Series F | $1.1B |
VisIC Technologies Funding History
VisIC Technologies has raised a total of $83M across 4 funding rounds.
VisIC Technologies' first fundraising round was a $12M Series C in January 2017. The most recent completed round was a $26M strategic investment round in December 2025.
VisIC Technologies funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Dec 2025 | Strategic investment | Hyundai (lead); Kia (lead) | $26M | - | VisIC Technologies, based in Ness Ziona, Israel, develops Gallium Nitride (GaN) power semiconductors, specializing in its proprietary D³GaN platform for high-efficiency, scalable, and reliable power electronics in electric vehicle (EV) traction inverters and emerging applications like 800V data centers. The company focuses on next-generation GaN technologies to address limitations of silicon in EV power systems, enabling smaller, lighter, and more efficient inverters for 400V and 800V architectures. On December 10, 2025, VisIC announced the second closing of its Series B funding round, raising $26 million. The round was led by an unnamed global semiconductor leader, with strategic participation from Hyundai Motor Company and Kia Corporation (together as HKMC), reflecting automakers' interest in integrating GaN tech into mass-production EV platforms to improve efficiency, performance, and energy consumption. The funding will support optimization, qualification, and release of Gen3 750V GaN dice and power modules; development of Gen4 1350V GaN technology for diverse EV designs; stabilization of the supply chain and ramp-up of GaN product delivery for traction inverters; and expansion into data center power requirements. CEO Tamara Baksht highlighted the investment as a milestone redefining power electronics for EVs, while HKMC emphasized advancing sustainable mobility through GaN integration. VisIC positions itself amid rapid EV market growth, where traction inverters are a key bottleneck for range, costs, and sustainability targets. |
| Aug 2021 | Series F | Fast Semi Corp. (lead); GoldenSand Capital (lead) | $35M | $1.1B | VisIC Technologies, a fabless Israeli supplier of power conversion devices based on gallium nitride (GaN) transistors, specializes in high-power automotive solutions for electric transportation, leveraging decades of GaN semiconductor expertise to deliver efficient, scalable products amid rising demand from automotive clients. On August 25, 2021, the company raised $35M in a Series F funding round led by GoldenSand Capital and HG Semiconductors through Fast Semi Corp., with SuZhou industrial partner adding $10M as a co-investor, bringing total funding contextually to support expansion in China and GaN adoption in EVs. Sonny Wu, representing Fast Semi and chairman of GoldenSand Capital, joined VisIC's board to drive marketing of automotive GaN devices in China via GSR Semiconductors' High Power and Fast Charge Technology Lab in Shenzhen; his prior investments include Lattice Power, Silevo Solar (acquired by Tesla), SEEO (sold to Bosch), Aleees, and Ronbay New Energy. The round aligns with industry electrification trends, where GaN components offer superior efficiency for battery usage in electric vehicles compared to competing technologies, positioning VisIC to expand product offerings and customer support. |
| Jun 2018 | Series D | - | $10M | - | - |
| Jan 2017 | Series C | Birch Investment (lead) | $12M | - | VisIC Technologies is a fabless developer of power conversion devices based on gallium nitride (GaN) metal-insulator-semiconductor high-electron-mobility transistors (MISHEMTs) located in Nes Ziona, Israel. The company targets applications including consumer power supplies, solar inverters, UPS, power supplies for cloud/data centers, and electric motor drives, particularly for high-voltage and high-current-switching. In May 2016, VisIC demonstrated a high-current GaN switching device, followed by a 1200V GaN power switch in September 2016. VisIC closed a $11.6 million Series C funding round on January 12, 2017, led by Birch Investment with participation from existing investors. Founder and CEO Tamara Baksht described the funding as an important milestone to accelerate commercialization after achieving the best performance metrics for GaN devices in the market. |
Who has invested in VisIC Technologies?
5 investors have backed VisIC Technologies across its funding rounds, including Hyundai, Kia, GoldenSand Capital, Birch Investment and Fast Semi Corp..
Lead investors include Hyundai, Kia, Fast Semi Corp., GoldenSand Capital and Birch Investment.
VisIC Technologies Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Lead | Jan 2017 | ||
| 1 | Lead | Aug 2021 | ||
| 1 | Lead | Dec 2025 | ||
This data is available for Pro users. Sign up to see all 5 VisIC Technologies investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialVisIC Technologies Competitors
VisIC Technologies competitors include listed companies like MTCN Technology, Sitronix, Towa and Arteris, and private ones like XLMEC and Eliyan.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $1.3B | - | ||
| Publicly listed | $64M | $17M | $1B | - | ||
| Publicly listed | $596M | $89M | $1B | - | ||
| Publicly listed | $350M | $66M | $1B | 2.5x | ||
| Publicly listed | $71M | ($27M) | $1.1B | 11.0x | ||
| Private | - | - | $1B | - |
VisIC Technologies Public Comps
VisIC Technologies is still privately-owned, but its public comps include JK Tyre & Industries, MTCN Technology, Supply Network, Auto Partner, Sitronix, Towa, ARB Corp, Arteris, Chengdu RML Technology and Telsys.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $1.7B | $197M | 0.9x | 0.8x | 7.7x | 8.0x | |||
| $64M | $17M | 17.0x | - | 62.9x | - | |||
| $287M | $58M | 3.8x | 3.6x | 18.7x | 18.0x | |||
| $1.2B | $89M | 1.0x | 0.9x | 13.2x | 10.5x | |||
| $596M | $89M | 1.3x | - | 8.8x | - | |||
| $350M | $66M | 2.7x | 2.5x | 14.5x | 12.5x | |||
| $499M | $114M | 2.2x | 2.2x | 9.6x | 9.7x | |||
| $71M | ($27M) | 14.0x | 11.0x | (36.7x) | (185.0x) | |||
This data is available for Pro users. Sign up to see all VisIC Technologies competitors and their valuation data. Start Free Trial | ||||||||
Common questions about VisIC Technologies
| When was VisIC Technologies founded? | VisIC Technologies was founded in 2010. |
| Where is VisIC Technologies headquartered? | VisIC Technologies is headquartered in Ness Ziona, Israel. |
| Is VisIC Technologies publicly listed? | No, VisIC Technologies is a private, VC-backed company. |
| What is VisIC Technologies' valuation? | VisIC Technologies was last valued at $1.1B in its Series F in August 2021. |
| How much funding has VisIC Technologies raised? | VisIC Technologies has raised $83M across 4 funding rounds. |
| What was VisIC Technologies' last funding round? | VisIC Technologies' last funding round was a $26M strategic investment round in December 2025, led by Hyundai and Kia. |
| Who are VisIC Technologies' investors? | VisIC Technologies' investors include Birch Investment, GoldenSand Capital, Hyundai, Fast Semi Corp. and Kia. |
| Which companies are comparable to VisIC Technologies? | Companies comparable to VisIC Technologies include XLMEC, MTCN Technology, Sitronix, Towa, Arteris and Eliyan. |
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