Polar Semiconductor - About the company
Polar Semiconductor is a series D company based in Bloomington (United States), founded in 1962. It operates as a Semiconductor manufacturer specializing in semiconductors for extreme applications. Polar Semiconductor has raised $175M in funding from Prysm Capital. The company has 2252 active competitors, including 148 funded and 219 that have exited. Its top competitors include companies like Wadiz, Tessolve Semiconductor and Imec.
Company Details
Polar Semiconductor is an American semiconductor manufacturer specializing in high-voltage semiconductors for extreme applications. They are located in Bloomington, Minnesota and have decades of experience in high-performance, automotive-grade manufacturing.
- Website
- polarsemi.com
- Social
Key Metrics
Founded Year
1962
Location
Bloomington, United States
Stage
Series D
Total Funding
$175M in 1 round
Latest Funding Round
Investors
Ranked
25th among 2252 active competitors
Employee Count
438 as on Apr 30, 2026
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Polar Semiconductor's funding and investors
Polar Semiconductor has raised a total funding of $175M over 1 round. Its latest funding round was a Series D round on Apr 26, 2024 for $*****. 2 investors participated in its latest round. Polar Semiconductor has 2 institutional investors.
Here is the list of recent funding rounds of Polar Semiconductor:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 26, 2024 | 1152688 | Series D | 1630174 | 5294643 | 7618681 | 8505379 |
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Polar Semiconductor's founders and board of directors
Founder? Claim ProfilePolar Semiconductor's employee count trend
Polar Semiconductor has 438 employees as of Apr 26. Here is Polar Semiconductor's employee count trend over the years:
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Polar Semiconductor's Competitors and alternates
Top competitors of Polar Semiconductor include Wadiz, Tessolve Semiconductor and Imec. Here is the list of Top 10 competitors of Polar Semiconductor, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Wadiz 2012, Seongnam-si (South Korea), Series D | Equity and revenue-based crowdfunding platform | $128M | 80/100 | |
2nd | Tessolve Semiconductor 2004, Bengaluru (India), Acquired | Semiconductor engineering services company | $213M | 70/100 | |
3rd | Provider of semiconductor design and development services | - | 65/100 | ||
4th |  Silicon Box 2021, Singapore (Singapore), Series C | Developer of chiplet interconnection products | $658M | 63/100 | |
5th | Polymatech Electronics 2007, Kanchipuram (India), Acquired | Provider of semiconductor design and development services | $37.3M | 62/100 | |
6th | Atomica 2000, United States, Series C | Manufacturer of MEMS, photonics, biochips, and sensors. | $30M | 62/100 | |
7th | SMART Photonics 2012, Eindhoven (Netherlands), Series D | Provides services for manufacturing photonic ICs | $244M | 59/100 | |
8th |  Cysic 2022, Jersey City (United States), Seed | Provider of hardware and AI-based solutions for accelerating zero-knowledge proof generation and providing secure, scalable computation infrastructure. | $18M | 58/100 | |
9th | DreamBigSemi 2019, San Jose (United States), Acquired | Provider of semiconductor manufacturing services | $75M | 57/100 | |
10th | OnePlanetCrowd 2012, Amsterdam (Netherlands), Acquired | Online crowdfunding platform for social causes | $1.16M | 56/100 | |
25th |  Polar Semiconductor 1962, Bloomington (United States), Series D | Semiconductor manufacturer specializing in semiconductors for extreme applications | $175M | 48/100 |
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Polar Semiconductor's Investments and acquisitions
Polar Semiconductor has made no investments or acquisitions yet.
News related to Polar Semiconductor
Filter this listMedia has covered Polar Semiconductor for a total of 3 events in the last 1 year, 2 of them have been about company updates and 1 about partnerships.
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Polar Semiconductor to spend $525 Million to expand into new space in Bloomington Minnesota.intelligence360•Jun 13, 2024•Polar Semiconductor
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Polar Semi gets $525m investmentElectronics Weekly•May 13, 2024•Polar Semiconductor, Prysm Capital, Sanken, Minnesota.gov and 1 other
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