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Feb 22, 2022 02:10 PM (GMT+8) · EqualOcean
Porotech, a British developer of porous gallium nitride (GAN) semiconductor materials and microled technology provider, has completed a round of financing of US $20 million. This round of financing is led by amoeba capital, Samsung venture capital, Honghui fund and individual investors. In addition, speedinvest, an old shareholder, also continued to raise and invest. Zhu Tongtong, CEO and co-founder of porotech, said that this round of financing will be mainly used for mass production of microled products, layout of global industrial chain and market expansion, especially for the expansion of Chinese market and business.