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Swegan

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GaN-on-SiC epitaxial wafers for RF, defence, aerospace and power electronics

Linköpings kommun, SwedenFounded 2014Defence
Valuation $50–100M Last recorded · 2026
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Swegan and the history behind them.

About Swegan

SweGaN is a Linköping DeepTech company that designs and manufactures gallium nitride on silicon carbide (GaN-on-SiC) epitaxial wafers using patented QuanFINE growth technology for high-power, high-frequency devices. Spun out of Linköping University research around Professor Erik Janzén and co-founder Dr. Jr-Tai Chen, it supplies engineered epiwafers and materials services to foundries and product companies in 5G/telecom, defence radar, satellite communications, aerospace and power applications such as EV and data-centre switches. In August 2026 SweGaN closed a €12.1 million ($14 million) Series B up-round led by Swedish investor Thisbe AB and Danish VC North Ventures with existing shareholders, bringing total funding to about €35.4 million ($41 million) to expand production capacity, global commercial presence, talent and next-generation GaN-on-SiC R&D. Sources: EU-Startups 18 Aug 2026; Semiconductor Today.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2014
Headquarters
Linköpings kommun, Sweden
Employees
38
Open positions
3
Dealroom signal
71.9/100
Sector
Defence, Defence Applications, Spinout, Space Tech, Advanced Materials, ESA, Space Vehicles Components and Payloads, Spacecraft Parts, Structures, and Payloads, Space Upstream, Nordic Rising Star 2022, ESA BASS
Technology
Hardware, Deep Tech
Business model
Manufacturing
Client focus
b2b

Funding history

9 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES B✓Equity / VC Aug 2026 $14M $56M Sisterly Tribe · ShareThis · North Ventures ↗
EARLY VC✓Equity / VC Sep 2024 $13M $53M BRV Capital Management · Wafer Works · Lifelike Capital · RFHIC ↗
Showing the latest 2 of 9 recorded eventsBook a demo for the full funding history →

Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

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Growth signals

Swegan website traffic

Latest recorded traffic for Swegan is 380 monthly website visits, down 88.1% over the last three months. Swegan's team declined 2.6% over the past year.

Latest monthly visits380 3-month web change-88.1% 1-year team growth-2.6%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

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

Investors

21 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

  • European Innovation Council
  • Almi Invest
  • LIU Invest
  • Mount Wilson Ventures

Series A12 investors entered at this stage

  • Atlantic Bridge
  • Intertech Ventures
  • STOAF
  • RFHIC
  • BRV Capital Management
  • Wafer Works
  • Lifelike Capital
  • Navigare Ventures
  • Ignite Innovation
  • North Ventures
  • Sisterly Tribe
  • ShareThis

Other known investors5 additional known investors

  • Linköping University
  • Almi Företagspartner
  • David Lam
  • Fröjd Erik
  • Magnus Eriksson
Team profiled 8 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
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
5 countries with
team presence
🇸🇪 Sweden82.3%
🇺🇸 United States8.8%
🇰🇷 South Korea2.9%
🇹🇼 Taiwan2.9%
🇮🇹 Italy2.9%
5 countries shown

Market sentiment

Posts on X, past 7 days

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

Reading the room on X — pulling top posts and synthesizing themes…

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

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