"We are delighted to have succeeded in bringing in substantial capital to finance our commercial deployment for our first production site to be built in Dresden. In advance, we have received highly encouraging feedback from our customers and hence are now building up more capacity to fully support their ramp-up plans."
Erwin Wolf
CEO,
AZZURRO
Semiconductors
Wellington contact:
Christian Reitberger
| Efficiency booster for LEDs and electronics applications |
AZZURRO Semiconductors is a manufacturer of ultra high quality Gallium Nitride (GaN) epi wafers based on large area silicon substrates and is a pioneer for the growing of GaN, which loses nearly no electricity at high voltages and currents, on these substrates. The 150 mm (and soon 200 mm) wafers are used in the power electronics industry to build high performance devices and in the LED industry to manufacture inexpensive LEDs. In both cases, AZZURRO’s technology helps to lower production costs and raise energy efficiency at the same time. In November 2010 the German company closed a growth financing round of € 14.5 million, led by Wellington Partners, to start commercial production.
First investment: November 2010
AZZURRO Semiconductors AG
Universitätsplatz 2
39106 Magdeburg
Germany
