When was HexaTech founded?

HexaTech was founded in 2001 and raised its 1st funding round 4 years after it was founded.

Where is HexaTech located?

HexaTech is headquartered in United States. It is registered at NO. 1,MARSDEN STREET,MANCHESTER,M2 1HW.

How many employees does HexaTech have?

As of Aug 31, 2026, the latest employee count at HexaTech is 22.

Is HexaTech a funded company?

HexaTech is a funded company, having raised a total of $11.6M across 13 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Dec 01, 2005.

When was the latest funding round of HexaTech?

HexaTech's latest funding was a $***** Conventional Debt round on Dec 11, 2018, with participation from 0 investor.

Where does HexaTech rank among its competitors?

HexaTech ranks 2nd amongst 43 active competitors, of which 10 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was SweGaN, which secured $14M in Aug, 2026.

Who are the top competitors of HexaTech?

HexaTech's top competitors include SweGaN, Axenic and Atomera. Among them, SweGaN secured the most recent funding round in August, 2026.

HexaTech - 2026 Company Profile, Team, Funding, Competitors & Financials

HexaTech is a series B company based in United States, founded in 2001. It operates as a Manufacturer of high-quality aluminum nitride substrates for semiconductor devices. HexaTech has raised $11.6M in funding from Intersouth Partners. The company has 43 active competitors, including 10 funded and 8 that have exited. Its top competitors include companies like SweGaN, Axenic and Atomera.

Company Details

Manufacturer of high-quality aluminum nitride substrates for semiconductor devices. These substrates enable the fabrication of advanced III-nitride based devices with superior performance and longevity. The manufacturing process results in significantly fewer defects compared to competing technologies, leading to breakthroughs in high Al content AlGaN and other III-N based devices. Applications include UV-C LEDs for disinfection, deep UV lasers for biological threat detection, high-voltage switching devices, and radio frequency components.

Website: www.hexatechinc.com/
Registered Address: NO. 1,MARSDEN STREET,MANCHESTER,M2 1HW

Key Metrics

Founded Year

2001

Location

United States

Stage

Series B

Total Funding

$11.6M in 13 rounds

Latest Funding Round

Conventional Debt, Dec 11, 2018, $*****

Investors

Intersouth Partners & 5 more

Ranked

2^nd among 43 active competitors

Employee Count

22 as on Aug 31, 2026

Similar Companies

SweGaN & 46 more

View HexaTech's full profile

HexaTech is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Hexatech, Inc. CIN: ,4062240 , United States, Active	Nov 15, 2005	-	-	-
A2E CAPITAL PARTNERS LIMITED CIN: 4062240 , United Kingdom, Active	Aug 29, 2000	-	-

HexaTech has raised a total funding of $11.6M over 13 rounds. Its first funding round was on Dec 01, 2005. HexaTech has 6 institutional investors.

Here is the list of recent funding rounds of HexaTech:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 11, 2018	5372991	Conventional Debt	5605458	5503774	3383686	7148023
Jun 14, 2018	3057452	Series B	5552358	9209196	3922319	6637877
Oct 15, 2014	6566489	Conventional Debt	1229406	1212522	4864557	2160651

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View details of HexaTech's funding rounds and investors

HexaTech's employee count trend

HexaTech has 22 employees as of Aug 26. Here is HexaTech's employee count trend over the years:

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Top competitors of HexaTech include SweGaN, Axenic and Atomera. Here is the list of Top 10 competitors of HexaTech, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	SweGaN 2014, Linkoping (Sweden), Series B	Manufacturer of custom-made epitaxial wafers	$41M	Mount Wilson Ventures, Atlantic Bridge & 11 others	57/100
2nd	HexaTech 2001, United States, Series B	Manufacturer of high-quality aluminum nitride substrates for semiconductor devices	$11.6M	NC IDEA, Sevin Rosen & 4 others	54/100
3rd	Axenic 2015, Sedgefield (United Kingdom), Seed	Developer of gallium arsenide based electro-optic modulator device	$673K	Seraphim, Generation Space & 8 others	49/100
4th	Atomera 2001, Los Gatos (United States), Public	Developed a new patented material that enhances transistors performance.	$33.6M	Vulpes Ventures	47/100
5th	Comptek Solutions 2017, Turku (Finland), Series A	Provider of III-V compound semiconductor material	$9.24M	Inventure, LIFTT & 3 others	46/100
6th	Nitride Global 2009, Wichita (United States), Series B	Manufacturer of aluminium nitride products	$9.78M	Nelnet, Mid America Angels & 14 others	46/100
7th	EpiGaN 2010, Hasselt (Belgium), Acquired	Manufacturer of engineered semiconductor substrates	$5.7M	SFPI, Capricorn Partners & 5 others	45/100
8th	AXT 1986, Fremont (United States), Public	Compound semiconductor substrate manufacturers	-	Herald Investment Management, Fortune Venture Investment Group ... Read more	44/100
9th	EpiWorks 1997, Champaign (United States), Acquired	Developer of semiconductor wafers	$8.5M	CIBC World Markets, Open Prairie Ventures ... & 3 others	42/100
10th	MicroLink Devices 2000, Chicago (United States), Funding Raised	Compound semiconductor solutions for metalorganic chemical vapor deposition	-	OSTI, National Science Foundation	35/100