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Enkris Semiconductors

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A semiconductor foundry focusing on GaN epitaxy for applications in Power Electronics, RF and MicroLEDs

Suzhou Shi, ChinaFounded 2012Semiconductors
Valuation $100–500M Latest valuation · 2023
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
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About Enkris Semiconductors

Enkris Semiconductors operates as a pure-play foundry specializing in Gallium Nitride (GaN) epitaxial wafers, a critical component for third-generation semiconductors. Founded in March 2012 by Dr. Kai Cheng, an internationally recognized pioneer in GaN-on-Silicon (GaN-on-Si) technology, the company is headquartered in Suzhou Industrial Park, China. The firm's business model is centered on supplying advanced GaN epi-wafers to a global client base that includes academic institutions and industrial partners in the power electronics and micro-display sectors. Revenue is generated through the sale of these specialized semiconductor materials, offering both customized structures and mass production quantities.

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The company's product portfolio includes GaN-on-Si, GaN-on-SiC, GaN-on-Sapphire, and GaN-on-GaN material solutions. These materials are fundamental for manufacturing next-generation electronic devices, offering higher efficiency and performance compared to traditional silicon-based semiconductors. Enkris serves a market that demands high-performance components for applications such as automotive electronics, including on-board chargers and LiDAR systems, as well as consumer electronics, data centers, and micro-LED displays for products like AR glasses. By focusing on GaN-on-Si technology, Enkris leverages existing CMOS-compatible manufacturing infrastructure, which helps to reduce production costs for its clients.

Enkris has achieved several significant milestones, establishing its position in the semiconductor materials market. In 2014, the company launched the world's first commercial 200mm GaN-on-Si HEMT epi-wafers. This was followed by another major achievement in September 2021, when Enkris announced the first 300mm GaN-on-Si HEMT epi-wafer, suitable for high-voltage applications and compatible with sophisticated 300mm CMOS processing lines. The company holds a substantial intellectual property portfolio with over 900 patent applications filed and has secured quality certifications such as ISO 9001:2015 and IATF 16949 for the automotive industry. The company has also successfully raised significant capital through multiple funding rounds, including a Series C in late 2022, backed by investors like NIO Capital and Meituan Longzhu, to expand its R&D and production capabilities.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2012
Headquarters
Suzhou Shi, China
Employees
11
Open positions
None listed
Dealroom signal
42.5/100
Industry
Semiconductors
Sector
Semiconductors, Spinout, Semiconductor Designers and Manufacturers, Semiconductor Materials, GaN (Gallium Nitride), DT and LS, science-based
Technology
Deep Tech
Business model
Manufacturing
Client focus
b2b

Latest news

Press, funding announcements and product moves mentioning Enkris Semiconductors.

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Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES COther financing Dec 2023 $28M $110M MiHoYo · Shang Qi Capital · Xinshang Capital · Jingming Capital
SERIES COther financing Dec 2022 $28M $110M Sanqi Mutual Entertainment Fund · Goertek · Nio Capital · Dragonball Capital
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Growth signals

Enkris Semiconductors website traffic

Latest recorded traffic for Enkris Semiconductors is 390 monthly website visits, down 85.6% over the last three months. Enkris Semiconductors's team grew 0% over the past year.

Latest monthly visits390 3-month web change-85.6% 1-year team growth0%
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Closest operating peers by Dealroom taxonomy

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Investors

19 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A1 investor entered at this stage

Series B and later17 investors entered at this stage

  • Sanqi Mutual Entertainment Fund
  • Goertek
  • Nio Capital
  • Dragonball Capital
  • Meituan Dragon Ball Capital
  • Huaxing New Economy Fund
  • MiHoYo
  • Shang Qi Capital
  • Xinshang Capital
  • Jingming Capital
  • Jiaxing Qiming Equity Investment Partnership
  • Qingdao Mingda Industrial Investment Fund Partnership
  • Anhui Hezhuang
  • SAIC Motor
  • Zheyin Huizhi Capital Management
  • United Bank Assets
  • Hefei Construction Capital

Other known investors1 additional known investor

  • imec
Employees 11 total headcount
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Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
3 countries with
team presence
🇨🇳 China50%
🇳🇱 Netherlands25%
🇸🇬 Singapore25%
3 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Enkris Semiconductors on X, ranked by likes and reposts, corporate channels excluded.

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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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