Wolfspeed

IPO

Home | Silicon Carbide Power Solutions & Materials

Public · Durham, United States · Founded 1987 · $750.0M raised

Employees
1001–5000
Founded
1987
Business Model
B2B
Total Funding
$750.0M
Last Round
$750.0M GrantOct 2024
Rounds
1
Type
Public

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

About

Wolfspeed (NYSE: WOLF) is the global leader in silicon carbide (SiC) semiconductor technology, manufacturing power devices, materials, and modules for electric vehicles, industrial power, renewable energy, and communications. Formerly Cree, the company operates fabs in Durham and Marcy, New York, supplying SiC wafers and power solutions to automotive OEMs and industrial customers worldwide.

Summary

Wolfspeed is a Manufacturing company based in Durham, United States, founded in 1987. It has raised $750.0M in total across 1 round, most recently a $750.0M Grant round in Oct 2024. Investors include U.S. Department of Commerce, Apollo and The Baupost Group.

Tech & App Stack

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Funding History

GrantOct 2024
$750.0M

Investors

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