19 September 2012
Transphorm chosen by World Economic Forum as 2013 Technology Pioneer
Transphorm Inc of Goleta, near Santa Barbara, CA, USA (which designs and delivers power conversion devices and modules) has been selected by the World Economic Forum as a 2013 Technology Pioneer, citing the firm’s innovations in gallium nitride (GaN) design and process technologies, enabling the implementation of highly efficient power conversion systems.
The World Economic Forum says that it selected its 2013 Technology Pioneers in the areas of information technology, telecoms and new media, energy and environment, and life sciences and health, based on a demonstrative vision and leadership in their fields, innovative ideas and approaches, and their impact on society and business.
Backed by $38m in funding from Google Ventures, Kleiner Perkins Caufield & Byers, Foundation Capital and Lux Capital, Transphorm was co-founded in 2007 by CEO Umesh Mishra, a professor of electrical & computer engineering at the University of California, Santa Barbara (UCSB). The firm only emerged from stealth mode in February 2011.
“By redefining power conversion using our proprietary GaN-based products, Transphorm is solving the immediate and urgent problem of unnecessary waste in power conversion — saving valuable resources and enabling new energy-efficient systems today,” says Mishra.
Transphorm claims that its efficient, compact and easy-to-embed power conversion devices and modules can cut global energy waste by as much as 10% and simplify the design and manufacturing of a wide variety of electrical systems and devices, including motor drives, power supplies and inverters for solar panels and electric vehicles.