Mivium has closed a $5 million funding round through the Equifund Crowd Funding Portal. The new capital brings its total funding to over $6.34 million. This boost helps the company scale its clean, high-performance gallium nitride (GaN) semiconductor materials.
For decades, silicon has powered the tech world. But its limits are now clear. As demand for speed and efficiency grows, silicon is struggling to keep up. That’s where GaN steps in.
GaN offers faster performance and better energy efficiency. It’s especially useful for electric vehicles, AI data centers, and aerospace applications. But until now, producing high-quality GaN has been difficult. Substrates are costly and hard to source. And traditional methods often release toxic byproducts.
Mivium is solving this. Its patented process allows clean, scalable production of high-purity GaN. The process skips the harmful waste. It also lowers costs and eases supply chain bottlenecks.
“Our technology brings a smarter way to produce GaN,” said Eric Tsai, Mivium’s co-founder and CEO. “With this funding, we can move faster and help shape the future of chipmaking.”
The first step is launching Mivium’s GaN particle prototype. After that, the focus shifts to developing full GaN substrates. These milestones will open new doors for high-performance chips across many sectors.
GaN is seen as the next big leap in semiconductors. It’s not just about speed—it’s about building cleaner, more efficient systems for the world’s growing digital needs. Mivium’s work directly supports that shift.
With $5 million now in hand, Mivium is moving quickly. The team is scaling production, advancing its R&D, and preparing for wider market entry.
This funding round isn’t just a win for Mivium. It’s a signal that the market is ready for a smarter, more sustainable approach to chip manufacturing.
