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AscenPower

AscenPower

Private
GuangzhouFrontier & Industrial Techhttp://www.ascenpower.com/

Last Round

Series A

Sep 25, 2024

Est. Valuation

$994M

Total Funding Raised

$204.6M

Momentum

Top 10%

of companies Caplight tracks

Company Overview

AscenPower is a semiconductor company that manufactures automotive-grade silicon carbide chips for applications in electric vehicles, industrial power, smart grids, and solar energy.

Sector

Frontier & Industrial Tech

Verticals

Semiconductors, Electric Vehicles, Smart Grid, Renewable Energy

Business Model

B2B

Customer Profile

Hardware Sales

AI Layer

Non-AI

Keywords

silicon carbideSiCpower semiconductorpower electronicsautomotive-grade chipsSiC MOSFETpower chipwide bandgapIGBTSiC SBDEV powertrainsemiconductor manufacturingpower moduletraction invertercompound semiconductorchip fab

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Caplight Momentum Score

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AscenPower Comparables

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AscenPower comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
BASiC Semiconductor Co., Ltd.
91%
Global Power Technology (Beijing) Co., Ltd.
88%
Qingchun Semiconductor (Ningbo) Co., Ltd.
86%

AscenPower Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series ASep 25, 2024
SeedMay 17, 2021

Market signals

Structured signals derived from secondary market and firmographic data.

  • Apr 1, 2026

    Launched 1200V 16mΩ SiC MOSFET main drive chip for in-vehicle applications.

  • Apr 1, 2026

    Recognized as a Guangzhou 'Unicorn' Innovative Enterprise.

AscenPower Filings

SEC and related filings with document metadata.

Data table
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AscenPower Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersGuangzhou
Year Founded2021
Last FundingSep 25, 2024

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