Mivium Completes $5 Million Funding Round

Company Advances Patented, Next-Gen Semiconductor Tech

FREMONT, Calif., May 1, 2025 /PRNewswire/ -- Mivium, Inc., a leading innovator in semiconductor material science, announced the successful completion of a $5 million equity financing round through Equifund Crowd Funding Portal. This brings Mivium's total funding to over $6.34 million, accelerating the company's mission to deliver high-purity, wide-bandgap materials such as GaN (gallium nitride) to the global market.

"Silicon's limitations are clear, and this new funding enables us to significantly accelerate the development of Mivium's GaN technology, which we believe will redefine the future of semiconductors," said Eric Tsai, Co-founder and CEO of Mivium.

As silicon reaches its performance limits, GaN emerges as the next generation technology, offering superior speed and energy efficiency crucial for applications ranging from AI data centers to electric vehicles and aerospace/defense applications. However, manufacturing GaN semiconductors has long been hindered by the scarcity of high-quality substrates and supply chain constraints, resulting in higher costs and production challenges.

Mivium's innovative, patented process addresses these obstacles by enabling scalable, cost-effective production of high-purity GaN—without the toxic byproducts associated with conventional methods. The company's first focus is getting its GaN particle prototype to market, followed by GaN substrates.

Curious about how Mivium is powering the next generation of tech? Visit mivium.com.

About Mivium
Founded in 2022 and headquartered in Fremont, California, Mivium specializes in advanced semiconductor materials. The company's patented manufacturing process produces high-quality gallium nitride (GaN) substrates designed to outperform traditional silicon-based semiconductors in industries such as power electronics, aerospace, telecommunications, AI infrastructure, photonics, and biotechnology. Mivium's team comprises experts in material science and semiconductor manufacturing, driving the company's innovative approach.

Media Contact:
Eric Tsai
[email protected]
626-416-7194

Disclaimer: This press release contains forward-looking statements regarding future events or the future performance of Mivium, including expectations related to technology development, market adoption, and financial projections. These statements are based on current expectations and involve risks and uncertainties that could cause actual results to differ materially. Factors such as technological challenges, market competition, regulatory changes, and availability of resources may impact the achievement of these forward-looking statements. Mivium undertakes no obligation to update these statements to reflect events or circumstances after the date hereof.

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SOURCE Mivium, Inc.