DeepTech Startup NextGO Epi Raises €2 Mn in Seed Round

The funding round was led by Vireo Ventures, with participation from Ultratech Capital Partners, IBB Ventures, and angel investor Boris Habets.

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NextGO Epi says it is Europe's only producer of Gallium Oxide epiwafers. This funding round is also the company's first institutional investment, which will support its future growth.

“Gallium oxide is to power electronics what silicon was to compute, and Europe should own that value chain. We’re building the material layer that makes the next energy revolution possible, and we’re building it in Europe,” said Dr. Ta-Shun Chou, CEO and co-founder of NextGO Epi.

“Brussels’ new Chips Act 2.0, unveiled in June, explicitly targets to reduce Europe’s overdependence on Asian and US suppliers for the semiconductor materials that power EVs, AI servers, and the clean energy grid. NextGO Epi is precisely the kind of company the policy is designed to create, building the foundational supply chain Europe needs to lead the next wave of energy and mobility transition,” the company mentioned in the press release.

Founded in 2025 by Dr. Ta-Shun Chou, Dr. Andreas Popp and Dr. Andreas Fiedle, NextGO Epi is a spin-off company supported by the Leibniz Institute for Crystal Growth (IKZ). The company focuses on developing advanced Gallium Oxide epiwafers.

Its goal is to produce high-quality, large-size epiwafers for power electronics and radio frequency (RF) applications. NextGO Epi aims to make Gallium Oxide the next major semiconductor material after Silicon Carbide (SiC) and Gallium Nitride (GaN).