Fundraising Fox

Transphorm

Goleta, US · Founded 2007 · Delaware corporation · 12,243 employees on LinkedIn · 3 known investors

On-board power conversion for XPUs

Founders & leadership

Transphorm was founded in 2007 by Umesh K Mishra, Primit Parikh, and Umesh Mishra.

UK
Umesh K MishraCo-founder
PP
Primit ParikhCo-founder
UM
Umesh MishraCo-founder
FE
Fumihide EsakaExecutive
CM
Cameron McAulayExecutive

Board

DK
David KerkoBoard director
BB
Brittany BagleyBoard director
EY
Eiji YatagawaBoard director
RK
Randy KomisarBoard director
MP
Mark PinhoBoard director
WC
Wesley ChanBoard director
RR
Richard RedelfsBoard director

Investors · 3

Foothill VenturesLos Altos · $100K – $10M
Lux CapitalNew York · $100K – $100M
GV (Google Ventures)reported · 2 sourcesMountain View · $250K – $50M

Reported raises · per SEC filings

Form D private placements

$355.3M disclosed across 13 rounds · 2011–2023

▶$4.1MraisedDec 2023 · 5 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Primit ParikhExecutive Officer, Director
  • Cameron McAulayExecutive Officer
  • Kelly SmalesDirector
  • Michael Julian HumphreysDirector
  • Umesh MishraExecutive Officer, Director
  • Cynthia MorelandDirector
  • Katharina McFarlandDirector
  • Eiji YatagawaDirector
Offering amount
$4.1M
Amount sold
$4.1M
First sale
Dec 2023
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$21.9MraisedApr 2023 · 10 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Primit ParikhExecutive Officer
  • Cameron McAulayExecutive Officer
  • Cynthia MorelandDirector
  • Katharina McFarlandDirector
  • Eiji YatagawaDirector
  • Michael Julian HumphreysDirector
  • Kelly SmalesDirector
  • Mario RivasExecutive Officer, Director
  • Umesh MishraExecutive Officer, Director
Offering amount
$21.9M
Amount sold
$21.9M
First sale
Apr 2023
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$12.9MraisedDec 2021 · 2 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Michael Julian HumphreysDirector
  • Primit ParikhExecutive Officer
  • Eiji YatagawaDirector
  • Kelly SmalesDirector
  • Mario RivasExecutive Officer, Director
  • Umesh MishraExecutive Officer, Director
  • Cameron McAulayExecutive Officer
  • Katharina McFarlandDirector
  • Cynthia MorelandDirector
Offering amount
$12.9M
Amount sold
$12.9M
Finders' fees
$156K
Placement agents
Compound Semiconductor Electric Ltd.
First sale
Dec 2021
Incorporated
Corporation, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$33MraisedNov 2021 · 10 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Mario RivasExecutive Officer, Director
  • Cameron McAulayExecutive Officer
  • Primit ParikhExecutive Officer
  • Cynthia MorelandDirector
  • Michael Julian HumphreysDirector
  • Katharina McFarlandDirector
  • Umesh MishraExecutive Officer, Director
  • Kelly SmalesDirector
  • Eiji YatagawaDirector
Offering amount
$33M
Amount sold
$33M
Sales commissions
$720K
Placement agents
Craig-Hallum Capital Group LLC
First sale
Nov 2021
Incorporated
Corporation, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$1MraisedApr 2021 · 1 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Brittany BagleyDirector
  • Umesh MishraExecutive Officer, Director
  • David KerkoDirector
  • Cameron McAulayExecutive Officer
  • Mario RivasExecutive Officer, Director
  • Eiji YatagawaDirector
  • Katharina McFarlandDirector
  • Michael Julian HumphreysDirector
  • Primit ParikhExecutive Officer
Offering amount
$1M
Amount sold
$1M
Sales commissions
$50K
Placement agents
Craig-Hallum Capital Group LLC, B. Riley FBR, Inc.
First sale
Mar 2021
Incorporated
Corporation, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$15MraisedJan 2021 · 9 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Brittany BagleyDirector
  • Michael Julian HumphreysDirector
  • Eiji YatagawaDirector
  • David KerkoDirector
  • Cameron McAulayExecutive Officer
  • Mario RivasExecutive Officer, Director
  • Umesh MishraExecutive Officer, Director
  • Primit ParikhExecutive Officer
Offering amount
$15M
Amount sold
$15M
Sales commissions
$760K
Placement agents
Loop Capital Markets LLC, Spartan Capital Securities, LLC
First sale
Dec 2020
Incorporated
Corporation, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$112.6MraisedFeb 2020 · 45 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Cameron McAulayExecutive Officer
  • Primit ParikhExecutive Officer
  • Eiji YatagawaDirector
  • Brittany BagleyDirector
  • David KerkoDirector
  • Mario RivasExecutive Officer, Director
  • Umesh MishraExecutive Officer, Director
Offering amount
$112.6M
Amount sold
$112.6M
First sale
Feb 2020
Incorporated
Corporation, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$21.5MraisedFeb 2020 · 15 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Brittany BagleyDirector
  • Eiji YatagawaDirector
  • Primit ParikhExecutive Officer
  • Cameron McAulayExecutive Officer
  • David KerkoDirector
  • Mario RivasExecutive Officer, Director
  • Umesh MishraExecutive Officer, Director
Offering amount
$60M
Amount sold
$21.5M
Sales commissions
$1.3M
Placement agents
Craig-Hallum Capital Group LLC, B. Riley FBR, Inc.
First sale
Feb 2020
Incorporated
Corporation, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Non-dilutive funding · 3 SBIR/STTR awards

Federal grants — no equity taken
AgencyPhaseYearAmount
Defense Advanced Research Projects Agency (DARPA)Defense Advanced Research Projects AgencyPhase II2021$1.4M
U.S. NavyNavyPhase IISTTR2010$1.5M
U.S. NavyNavyPhase ISTTR2009$70K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

In the news

Transphorm Inc. Raises $21 Million and Completes Reverse Mergerstreetinsider.com · Mar 2020Transphorm, Chipmaker Working in Gallium Nitride, Raises Another $15 Million | Supply Chain Connectsupplychainconnect.com · Dec 2017Could Google's Latest Investment Really 'Transphorm' the Electric Grid?celsias.com · Feb 2011Google Ventures leads $20M round for Transphorm to overhaul power conversionxconomy.com · Feb 2011Energy Efficiency Startup Transphorm Emerges From Stealth, Raises $20 Million From Google Ventures | TechCrunchtechcrunch.com · Feb 2011Transphorm raises $21M as part of acquisition - Newspowerelectronicsmagazine.net

Frequently asked questions

What does Transphorm do?
On-board power conversion for XPUs
Who founded Transphorm?
Transphorm was founded by Umesh K Mishra, Primit Parikh, Umesh Mishra in 2007.
Who are Transphorm's investors?
Transphorm's investors include Foothill Ventures, Lux Capital, GV (Google Ventures).
How much funding has Transphorm raised?
Transphorm has disclosed $355.3M raised across 13 rounds.
Where is Transphorm headquartered?
Transphorm is headquartered in Goleta, US.