Odyssey Semiconductor Technologies raises $5 million to further develop and commercialize GaN power devices for electric vehicles and solar energy

Odyssey Semiconductor Technologies has raised $5 million (1.25 million shares at $4.00 per share) in a common stock private placement to further fund the development and production of high-voltage vertically-conducting GaN power-switching devices. GP Nurmenkari, as consulted by Intuitive Venture Partners, acted