Europe's Only Gallium Oxide Semiconductor Manufacturer Secures €2 Million

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Berlin, July 14, 2026 – NextGO Epi, a Berlin-based deep-tech startup and spin-off of the Leibniz Institute for Crystal Growth (IKZ), has closed a pre-seed funding round of €2 million. The company produces gallium oxide epitaxial wafers for next-generation power electronics. Its process creates a breakthrough semiconductor material that could cut electric vehicle charging time from 60 to just 10 minutes, while reducing the manufacturing cost of power semiconductors by up to 75 percent.

NextGO Epi is the only European company producing industrial-grade gallium oxide epitaxial wafers up to four inches in diameter. The material forms the electrically active layer of the next generation of power semiconductors: gallium oxide-based components withstand higher voltages and operate more efficiently than the silicon carbide or gallium nitride commonly used today. The technology is at the core of every form of power transmission — from EV charging stations to inverters for renewable energy, AI data centers, and rocket-tracking systems.

The pre-seed round was led by Vireo Ventures, with participation from Ultratech Capital Partners, IBB Ventures, and business angel Boris Habets. Coming just one week after the European Commission unveiled Chips Act 2.0 — its most ambitious push yet for European semiconductor sovereignty — the round marks the first institutional investment in Europe's only manufacturer of gallium oxide epi-wafers. The fresh capital will go toward accelerating product development, growing the team, and strengthening commercial presence across Europe and global markets.

"Ta-Shun and his team at NextGO Epi have a bright future ahead. They combine deep technical expertise with state-of-the-art manufacturing capabilities to produce gallium oxide semiconductors that will revolutionize next-generation electronics. We're excited to support them at the start of their journey to becoming the leading provider of this increasingly strategic key technology," says Damian Perl, Founder and General Partner of Ultratech Capital Partners.

The founding team brings together more than ten years of experience in gallium oxide research and epitaxy, backed by two international patents and over 30 scientific publications. The company is also supported by Dr. Jochen Linck, former COO of Aixtron, who serves as Operating Partner guiding NextGO Epi's growth and commercial scaling.

"Gallium oxide is to power electronics what silicon was to computing — and Europe should own this value chain," says Dr. Ta-Shun Chou, CEO and co-founder of NextGO Epi. "We're building the material foundation that will enable the next energy revolution. And we're building it in Europe."

Stephan Schulze, Investment Director at IBB Ventures, adds: "NextGO Epi is commercializing a technology that is unique on the continent. Developed in Berlin, rooted in the city's strong research ecosystem and decades of semiconductor expertise, the company is exceptionally well positioned to become a leading European supplier of gallium oxide epi-wafers."

The chip Europe can't afford to import

The European Commission's Chips Act 2.0, presented in June, explicitly aims to reduce Europe's dependence on Asian and US suppliers for the semiconductor materials that power electric vehicles, AI servers, and the grid infrastructure of the energy transition. NextGO Epi is exactly the kind of company this policy is meant to foster: it is building the foundational supply chain Europe needs to lead the next wave of the energy and mobility transition.

Gallium oxide offers a significant efficiency leap over the silicon carbide widely used today: the material is ten times more energy-efficient, can withstand up to six times higher voltage density, and can be manufactured up to 75 percent more cheaply. The three-person founding team — all PhD holders, Dr. Ta-Shun Chou, Dr. Andreas Popp, and Dr. Andreas Fiedler — spent over a decade developing defect-free, industrial-grade gallium oxide, with strong support from IKZ. "IKZ's science and technology program is dedicated to developing and supplying the highest-quality crystals for electronics and photonics. In the case of our spin-off NextGO Epi, I'm pleased to say that highest quality applies not only to the gallium oxide product, but equally to the founding team," explains IKZ Director Prof. Dr. Thomas Schroeder.

From lab to production: customers on three continents

The company is already in production, generating revenue, and supplying customers across three continents. The core of the product is growing an epitaxial gallium oxide layer — the so-called "epi layer" — onto a wafer substrate. This forms the electrically active part of a high-performance semiconductor device. NextGO Epi is the only European company producing this gallium oxide layer at the quality required by industrial customers.

The most obvious application is electric vehicle charging: a charging station built with components based on NextGO Epi material could fully charge a vehicle in 10 minutes instead of the current 60 — reliably even in winter, when lithium batteries typically perform at their weakest. Beyond that, the same material boosts the efficiency of renewable energy inverters, power supplies in AI data centers, grid transformers, and defense systems.

"Ultra-wide bandgap semiconductors are becoming the decisive key technology for next-generation high-voltage power electronics — and gallium oxide leads this field. No other material achieves this performance range," says Mischa Wetzel, co-founder and Managing Partner of Vireo Ventures. "What sets NextGO Epi apart is that this isn't a research project. The team is already producing, already delivering to customers — and virtually no one else in the world can do what they do. That position, built on years of world-class research at IKZ, makes them a uniquely strong candidate for the role of key supplier to this industry."

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About NextGO Epi
NextGO Epi develops and manufactures gallium oxide epitaxial wafers for next-generation power semiconductors. Founded in Berlin by a team of semiconductor scientists, the company is Europe's only manufacturer of industrial-grade gallium oxide epitaxial wafers, with applications in EV charging infrastructure, renewable energy, AI infrastructure, grid electronics, and defense. NextGO Epi maintains more than 20 active collaborations with customers and research institutions across Europe, Asia, and North America, including Foxconn, Gallox Semiconductor, the Ferdinand-Braun-Institut (FBH), and ITRI. The company is supported by Investitionsbank Berlin, INAM, Siltronic, and the Leibniz Institute for Crystal Growth (IKZ). More at: www.nextgoepi.com/

About IBB Ventures
IBB Ventures has provided venture capital to innovative Berlin companies since 1997 and is one of the most active early-stage investors in Berlin. In addition to its two VC funds for technology and creative companies, totaling €100 million, and the €30 million Impact VC Fund established in 2022, the €10 million pre-seed fund B# ("be sharp") for Berlin deep-tech startups has been in its investment phase since 2025. The funds are financed through the European Regional Development Fund (ERDF) and Investitionsbank Berlin (IBB).

IBB Ventures has invested in around 310 Berlin companies to date. Together with consortium partners, these startups have received more than €2.1 billion in funding, of which IBB Ventures has invested more than €320 million as lead, co-lead, or co-investor. IBB Ventures is the umbrella brand for the VC activities of IBB Beteiligungsgesellschaft and part of the IBB Group. www.ibbventures.de

Contact:
Stephan Schulze
IBB Ventures
Bundesallee 210
10719 Berlin
Tel: +49 (0)30 2125 3201
Email: info@ibbventures.de