Next-generation compound semiconductor specialist PowerCubeSemi has successfully completed a pre-IPO funding round worth $4.1 million (6 billion KRW). The investment was led by new investors including Korea Development Bank Capital, KB Securities, Kakao Pay Securities, and Sopoong Ventures. Existing shareholder Hana Ventures also participated in the follow-on investment.

Founded in 2013, PowerCubeSemi has developed proprietary technology in next-generation compound semiconductor devices including silicon (Si), silicon carbide (SiC), and gallium oxide (Ga₂O₃). The company operates the world’s first dedicated gallium oxide mass production fab and is collaborating with various global clients.

PowerCubeSemi secured an A-grade evaluation in its main technology assessment this past July, meeting a crucial requirement for a KOSDAQ special listing based on technology. With this latest funding, the company plans to file for preliminary listing review by January 2026.

“We are grateful to all the investors who decided to support us,” said Tae-young Kang, CEO. “We will do our best to successfully complete the listing and repay the confidence placed in us.”