IVWorks

IVWorks

Specializing in AI-powered GaN epitaxial wafers for energy-efficient and eco-friendly manufacturing. Learn more

Launch date
Employees
Market cap
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Enterprise valuation
€76m (Public information from Jul 2022)
South Korea (HQ)

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DateInvestorsAmountRound
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$6.7m

Series B

KRW20.5b

Series C
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KRW10.0b

Valuation: KRW100.0b

Series D
Total Funding€29.3m

Recent News about IVWorks

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IVWKR is a pioneering company specializing in the development and manufacturing of Gallium Nitride (GaN) epitaxial wafers using advanced artificial intelligence (AI) technology. The company serves clients in the telecommunications, energy, and semiconductor industries, focusing on the production of high-quality GaN wafers that are essential for 5G and 6G networks, RF power devices, and DC power devices. Operating in the global market, IVWKR leverages its patented AI-powered epitaxy platform to enhance the efficiency and cost-effectiveness of its manufacturing processes. The business model revolves around the sale of these specialized wafers to companies that require high-performance and energy-efficient components for their products. Revenue is generated through direct sales and long-term supply agreements with major industry players. IVWKR is committed to eco-friendly manufacturing practices, ensuring that its production processes minimize environmental impact while maximizing productivity and cost savings. The company has secured multiple rounds of funding, including Series C, to support its growth and innovation initiatives.

Keywords: GaN epitaxial wafers, AI technology, 5G networks, 6G networks, RF power devices, DC power devices, eco-friendly manufacturing, telecommunications, semiconductor, energy-efficient.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.