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Garen Semiconductor

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Gallium oxide semiconductor materials and equipment solutions.

Hangzhou, ChinaFounded 2022
Valuation $50–100M Last recorded · 2024
Total funding $10–50M Disclosed equity funding
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About Garen Semiconductor

Hangzhou Garen Semiconductor Co., Ltd. is a high-tech enterprise specializing in the research, development, production, and sale of ultra-wide bandgap semiconductor materials, primarily gallium oxide (Ga2O3). Founded in September 2022 and headquartered in Hangzhou, China, the company has strong affiliations with Zhejiang University's State Key Laboratory of Silicon and Advanced Semiconductor Materials. The research and development team, established in 2018 under the guidance of academician Yang Deren, has been a key driver of the company's technological advancements.

Garen Semiconductor's business model is centered on providing high-quality gallium oxide substrate products with independent intellectual property rights, holding over a dozen international and domestic invention patents. The company serves clients in the power electronics sector, including those in the national grid, new energy vehicles, rail transit, and 5G communications industries. Its product portfolio includes 2-inch to 8-inch gallium oxide single crystals and substrates, Vertical Bridgman (VB) crystal growth equipment, and homoepitaxial wafers. A key part of its strategy involves creating a full-chain product system spanning “equipment–crystal–substrate–epitaxy” to offer integrated solutions.

The company has achieved significant milestones, pioneering a self-developed casting method for gallium oxide single crystal growth. This has enabled the production of 6-inch and the world's first 8-inch gallium oxide single crystal substrates, a rapid progression from 2-inch wafers in just a few years. In June 2026, Garen announced it had established the world's first mass-production line compatible with both 6-inch and 8-inch homoepitaxial gallium oxide wafers, and has started delivering 6-inch wafers to leading chipmakers. This capability helps address previous industry limitations of small wafer sizes and poor uniformity, and is expected to lower substrate costs by over 80%.

Garen Semiconductor has secured multiple rounds of funding. This includes a Pre-A round in August 2024 led by Jiuzhi Capital and a Series A round in August 2026 co-led by Fangyuan Capital and Shenzhen Capital Group, involving a broad range of investors. The funds are aimed at expanding mass-production capacity for its 6- and 8-inch substrates and epitaxy to meet rising customer orders.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2022
Headquarters
Hangzhou, China
Open positions
None listed
Dealroom signal
14.7/100
Links
Website

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES A✓Equity / VC Aug 2026 — — Yiling Capital · Huarui Century Project Investment (Nanjing) · Jiuzhi Capital · Shenzhen Capital Group ↗
SEED✓Equity / VC Aug 2024 $14M $55M Jiuzhi Capital · Puhua Capital ↗
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Growth signals

Garen Semiconductor website traffic

Latest recorded traffic for Garen Semiconductor is 210 monthly website visits, up 23.5% over the last three months.

Latest monthly visits210 3-month web change+23.5%
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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

7 investors on the cap table

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

Seed4 investors entered at this stage

  • Yuquan Capital
  • Lanchi Ventures
  • Jiuzhi Capital
  • Puhua Capital

Series A3 investors entered at this stage

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Global footprint

Workforce and web traffic by country
Workforce by country
🇨🇳 China · Hangzhou HQ
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Market sentiment

Posts on X, past 7 days

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

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