Monolith Semiconductor develops high-voltage silicon carbide switches used in a wide variety of applications.
The rapid increase in world-wide energy consumption has emphasized the need for efficient use of electrical energy. As more energy is processed through power electronics systems, manufacturers and consumers strive to increase efficiency and make the systems more compact and more affordable. Over last two decades, remarkable progress has been made with silicon power switches but finally they are limited by silicon's material properties. A quantum leap in power electronics performance can only be achieved using wide bandgap semiconductors like Silicon Carbide (SiC).
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
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Jun 21, 2013 | Grant | $224.99K | 1 | National Science Foundation | — | Detail |
Investor Name | Lead Investor | Funding Round |
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National Science Foundation | Yes | Grant |