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Mivium Completes $5 Million Funding Round

Mivium Completes $5 Million Funding Round

May 19, 2025 Craig Etkin

Company Advances Patented, Next-Gen Semiconductor Tech

FREMONT, Calif., May 1, 2025 /PRNewswire/ — Mivium, Inc., a leading innovator in semiconductor material science, announced the successful completion of a $5 million equity financing round through Equifund Crowd Funding Portal. This brings Mivium’s total funding to over $6.34 million, accelerating the company’s mission to deliver high-purity, wide-bandgap materials such as GaN (gallium nitride) to the global market.

“Silicon’s limitations are clear, and this new funding enables us to significantly accelerate the development of Mivium’s GaN technology, which we believe will redefine the future of semiconductors,” said Eric Tsai, Co-founder and CEO of Mivium.

As silicon reaches its performance limits, GaN emerges as the next generation technology, offering superior speed and energy efficiency crucial for applications ranging from AI data centers to electric vehicles and aerospace/defense applications. However, manufacturing GaN semiconductors has long been hindered by the scarcity of high-quality substrates and supply chain constraints, resulting in higher costs and production challenges.

Mivium’s innovative, patented process addresses these obstacles by enabling scalable, cost-effective production of high-purity GaN—without the toxic byproducts associated with conventional methods. The company’s first focus is getting its GaN particle prototype to market, followed by GaN substrates.

Curious about how Mivium is powering the next generation of tech? Visit mivium.com.

About Mivium
Founded in 2022 and headquartered in Fremont, California, Mivium specializes in advanced semiconductor materials. The company’s patented manufacturing process produces high-quality gallium nitride (GaN) substrates designed to outperform traditional silicon-based semiconductors in industries such as power electronics, aerospace, telecommunications, AI infrastructure, photonics, and biotechnology. Mivium’s team comprises experts in material science and semiconductor manufacturing, driving the company’s innovative approach.

Media Contact:
Eric Tsai
394431@email4pr.com
626-416-7194

Disclaimer: This press release contains forward-looking statements regarding future events or the future performance of Mivium, including expectations related to technology development, market adoption, and financial projections. These statements are based on current expectations and involve risks and uncertainties that could cause actual results to differ materially. Factors such as technological challenges, market competition, regulatory changes, and availability of resources may impact the achievement of these forward-looking statements. Mivium undertakes no obligation to update these statements to reflect events or circumstances after the date hereof.

SOURCE Mivium, Inc.

Copyright © 2025 Cision US Inc.


Venture Capital
California, Cision, Fremont, Mivium, PRNewswire, Venture Capital

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AI might be great at helping engineers write code, but it’s creating a new problem – all that code still needs to be reviewed by humans. CodeAnt AI is stepping in with a solution that uses AI to tackle the review process itself, raising $2 million in seed funding to help engineering teams move faster without sacrificing quality or security. The funding, CodeAnt AI’s first institutional round, values the company at $20 million. It will be used to expand the engineering and business development teams and to scale CodeAnt AI’s code quality and application security platform. For engineering teams already feeling the pressure to ship faster, the investment comes at the perfect time. The funding round was led by Y Combinator, VitalStage Ventures, and Uncorrelated Ventures, and with participation from DeVC, Transpose Platform, Entrepreneur First, and a number of marquee angel investors.

In a statement, Amartya Jha, Co-founder and CEO of CodeAnt AI said, “As AI-driven coding becomes widespread, the real bottleneck isn’t writing code — it’s reviewing it,” “Today, when a developer submits a change request, it often sits idle for hours or even days waiting for peer review. And even when a reviewer does pick it up, they rarely have full context of the code change. This is a critical risk point: most software bugs and vulnerabilities slip through at the peer review stage, where issues could have been caught early and cheaply.”

As AI continues to transform how code gets written, CodeAnt AI is positioning itself as the bridge to a future where code can be both rapidly created and confidently deployed. The founders envision a world where AI doesn’t just help developers write code faster, but also ensures that every line shipped to production is secure, efficient, and ready for the real world – giving engineering teams the confidence to move at the speed their businesses demand.
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Building on its 120-year tradition of caring for Northern Californians, Sutter Health today announced a transformational plan to expand access to its comprehensive, integrated and coordinated high-quality care across the greater East Bay region. As part of this phased approach, Sutter will construct a flagship campus in the City of Emeryville featuring a regional destination ambulatory care complex and a new medical center with an initial capacity of up to 200 beds and room for future expansion. The plan prioritizes recruiting primary care and specialty physicians, reducing barriers for patients when scheduling appointments and obtaining referrals for care, and investing in programs and partnerships to strengthen the healthcare workforce.  

In a statement Warner Thomas, president and CEO of Sutter Health said, “Our Emeryville campus project represents one of the most significant investments we’re making across our system over the next decade and is part of our broader vision to meet the community’s growing demand for expanded access to our services across the East Bay footprint,” “Too many people face challenges in accessing the care they need. At Sutter, we’re committed to breaking down those barriers—expanding care facilities, enhancing imaging capabilities, improving online appointment scheduling and collaborating with the Sutter East Bay Medical Group and our community physician partners to attract more primary and specialty care physicians. 

 
Sutter is investing more than $1 billion to expand services across the East Bay, ensuring patients will be able to conveniently reach comprehensive care within a 15-minute drive from home or work. At the heart of this regional expansion is the newly acquired, 12-acre Sutter Emeryville Campus at Horton and 53rd streets, which will serve as a key healthcare destination.  When complete, the approximately 1.3 million square foot, new medical campus in the heart of Emeryville, will offer outpatient services at two existing buildings totaling approximately 530,000 square feet, at 5555 Hollis Street and 5300 Chiron Street, plus acute care services at a newly constructed medical center adjacent to the Hollis Street property. The Sutter Emeryville campus will also offer medical office space and parking at an existing 1,992-space parking garage.
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Saica Group will begin construction this month on a $110 million expansion project in Anderson Indiana. Saica Group is one of the largest and most advanced European players in the development and production of recycled paper for corrugated packaging. Saica expects to start operations during Q4 2026 and plans to create more than 50 well-paid full-time jobs during the first two years of operation and more than 100 after the facility has completed its ramp-up phase some years after the startup. Designed with future growth in mind, the new facility will have almost 350,000-square-feet and will include manufacturing, converting and production areas, along with a warehouse and office space. 

In a statement Susana Alejandro, President and CEO of Saica Group, said: “Saica is committed to stability and long-term growth in the US. This investment is the proof that we are moving forward with our plans in the American continent as we are convinced that we can provide products that will differentiate us in a crowded market. It reflects our deep commitment to delivering exceptional service, as we believe our knowledge and experience in the production of recycled lightweight papers and corrugated packaging will bring high performance packaging to the US market while becoming more efficient in the use of materials”. 

Saica Group has been in business since 1943 and has a long track record of stable growth in the production of recycled paper and the packaging industry. Saica Group is a family-owned multinational company that cares about people, their well-being and their professional development. Currently the company employs more than 12,000 employees and has a revenue of 3.963 Billion dollars.
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