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Swegan

Defence · Linköpings kommun, Sweden · Founded 2014

Manufactures high quality, custom-made epitaxial wafers and materials based on robust GaN technology MoreLess

SweGaN is a Swedish startup specializing in the production of high-performance semiconductor materials, specifically Gallium Nitride on Silicon Carbide (GaN on SiC) epiwafers. These materials are crucial for enhancing the efficiency and performance of electronic devices across various industries. SweGaN's products are particularly valuable in applications requiring high power and high frequency, such as telecommunications, aerospace, and defense.

The company operates in the semiconductor market, which is essential for the growing trend of global electrification. SweGaN's primary clients include businesses and research institutions that need advanced materials to develop cutting-edge electronic devices. By providing customized high-performance materials, SweGaN helps its clients gain competitive advantages in their respective fields.

SweGaN's business model revolves around the production and sale of GaN on SiC epiwafers. The company ensures the quality of its products through rigorous quality assurance processes and advanced material characterizations. These characterizations provide clients with a deep understanding of the materials, enabling them to optimize their applications.

In addition to selling epiwafers, SweGaN offers device processing and prototyping services in a state-of-the-art clean room environment. This allows clients to develop and test high-frequency and high-power devices efficiently. The company also engages in research and development (R&D) services, continually innovating and empowering its partners and customers with new technologies.

SweGaN makes money by selling its high-performance epiwafers and providing specialized services such as device processing, prototyping, and R&D. By focusing on quality and customization, the company ensures that its clients receive materials that meet their specific needs, thereby fostering long-term business relationships.

Keywords: GaN on SiC, semiconductors, epiwafers, high-performance, telecommunications, aerospace, defense, quality assurance, device processing, R&D services.

Company overview

Swegan company information

The essential company record, classifications and operating signals in one place.

Status
Operational
Founded
2014
Headquarters
Linköpings kommun, Sweden
Employees
38
Open positions
3
Dealroom signal
71.9
client focusb2btechnologyHardwaretechnologyDeep Techbusiness modelManufacturingsectorDefence ApplicationssectorSpinoutsectorSpace TechsectorAdvanced MaterialssectorESAsectorSpace Vehicles Components and PayloadssectorSpacecraft Parts, Structures, and PayloadssectorSpace UpstreamsectorNordic Rising Star 2022sectorESA BASS

Valuation & funding

Swegan funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES BEquity / VC Aug 2026 $14M $56M Sisterly Tribe · ShareThis · North Ventures
EARLY VCEquity / VC Sep 2024 $13M $53M BRV Capital Management · Wafer Works · Lifelike Capital · RFHIC
EARLY VCEquity / VC Apr 2024 $0 RFHIC
SERIES AEquity / VC Oct 2022 $13M $53M STOAF · Atlantic Bridge · Intertech Ventures · Mount Wilson Ventures
GRANTOther financing May 2018 $1.8M European Innovation Council
SEEDEquity / VC Sep 2017 Almi Invest · LIU Invest · Mount Wilson Ventures
SEEDEquity / VC Oct 2016 Undisclosed
GRANTOther financing Jun 2016 European Innovation Council
SPINOUTOther financing Jan 2014 Linköping University
Showing 9 recorded eventsUnlock the complete deal history →

Financials

Revenue, earnings and profit over time

Reported history and available estimates. Estimated years are marked “E”; sparse fields are left blank rather than inferred.

YearRevenueGrowthEBITDAMarginProfitMargin
2026 $2.8M 0% −$1.6M -57.6% −$5.2M -189.1%
2025 $2.8M 0% −$1.6M -57.6% −$5.2M -189.1%
2024 $2.8M +45.9% −$1.6M -57.6% −$5.2M -189.1%
2023 $1.9M +115.6% −$1.6M -84.1%
2022 $874K -7.1% −$1.6M -181.4%
2021 $941K +83.6% −$274K -29.1%
2020 $513K $75K 14.7%
Company filings, research estimates and Dealroom dataOpen the full financial model →

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%
Monthly website visits110 observations · Nov 2016–May 2026
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Hiring

Open positions at Swegan

Current openings linked to this company in Dealroom.

1 distinct opening shownExplore hiring signals →

Comparisons

Swegan compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

Showing 8 of the closest matchesCompare every metric →

Talent graph

Swegan's talent

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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.

Investors

21 investors on Swegan's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Seed 4 investors entered at this stage
European Innovation Council
Almi Invest
LIU Invest
Mount Wilson Ventures
Series A 12 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 5 additional known investors
Linköping University
Almi Företagspartner
David Lam
Fröjd Erik
Magnus Eriksson

Global footprint

Where Swegan has talent and traffic

Workforce by country
5 countries with
team presence
🇸🇪 Sweden82.3%
🇺🇸 United States8.8%
🇰🇷 South Korea2.9%
🇹🇼 Taiwan2.9%
🇮🇹 Italy2.9%
5 countries shown

In the news

Latest news about Swegan

Recent press, funding announcements, and product moves mentioning Swegan — open to read from the original sources.

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Market sentiment

What the market is saying about Swegan

An AI-synthesized read of the highest-engagement posts about Swegan on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

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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