Wise Secures €15m in Series B Funding

Wise Integration, a leading French company specializing in digital control of GaN ICs for power supplies, has successfully raised €15 million in funding. The Series B round was spearheaded by imec.xpand, a prominent investor in technology startups, and saw participation from other key investors including Supernova Invest, BNP Paribas Developpement, Région Sud Investissement (RSI), Creazur, CASRA Capital, and Angels for Greentech.

This significant investment will play a crucial role in supporting the mass production and commercial deployment of Wise Integration's flagship products, WiseGan and WiseWare. These products have been developed over the past four years and are designed to revolutionize the power supply industry by integrating cutting-edge GaN technology with digital controls.

Thierry Bouchet, the CEO of Wise Integration, expressed his enthusiasm about the funding, stating, "This funding will enable Wise Integration to accelerate our commercial development and product innovation. We are excited to launch a new generation of high-performance GaN technology that seamlessly integrates with digital controls, enhancing the efficiency and performance of power systems across various sectors."

The company's commitment to advancing GaN technology is driven by the potential to significantly improve energy efficiency and performance in power systems. By leveraging digital controls, Wise Integration aims to provide innovative solutions that meet the evolving needs of industries such as telecommunications, automotive, and renewable energy.

With the support of its investors, Wise Integration is poised to make a lasting impact on the power supply market. The successful completion of the Series B funding round marks a significant milestone for the company, paving the way for continued growth and innovation in the field of GaN ICs and digital control technology.