VisIC Technologies Announces $26M Round B Investment Led by Global Semiconductor Leader; Hyundai Motor Company and Kia (Together as "HKMC") Joins as Strategic Investor

VisIC Technologies Ltd., a pioneer in Gallium Nitride (GaN) power semiconductors for electric mobility, announced the successful second closing of its Round B funding, securing $26 million. The round was led by a global semiconductor leader, with HKMC (Hyundai Motor Company and Kia) joining as a strategic investor. The funding will accelerate VisIC's roadmap, including optimization and release of Gen3 750V GaN dice and power modules, development of Gen4 1350V GaN technology, supply chain stabilization, and expansion into 800V data center power requirements.