FLOSFIA Inc. has raised JPY 750 million from several existing investors including UTEC and new investors including strategic ones. FLOSFIA Inc. is aiming to commercialize Corundum Structured Gallium Oxide (α-Ga2O3) in order to revolutionize power electronics.
FLOSFIA Inc. will use this capital to develop its own production lines and commence commercial production of the world’s first α-Ga2O3 power device.

LINK：http://flosfia.com/english/
PDF  ：2017-3-2 FLOSFIA Inc. Raises JPY 750 Million Series B Round for Gallium Oxide Power Devices