When was Wolfspeed founded?

Wolfspeed was founded in 2015 and raised its 1st funding round within a year of its incorporation.

Where is Wolfspeed located?

Wolfspeed is headquartered in Durham, United States. It is registered at Durham, North Carolina.

How many employees does Wolfspeed have?

As of Sep 30, 2026, the latest employee count at Wolfspeed is 2414.

Is Wolfspeed a funded company?

Wolfspeed is a funded company, having raised an undisclosed amount across 3 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Jun 30, 2015.

When was the latest funding round of Wolfspeed?

Wolfspeed's latest funding was a $***** Post IPO round on Apr 23, 2024, with participation from 1 investor.

What is the annual revenue of Wolfspeed?

Annual revenue of Wolfspeed is between $500M and $1B as on Jun 29, 2025

Where does Wolfspeed rank among its competitors?

Wolfspeed ranks 17th amongst 167 active competitors, of which 31 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Finwave, which secured $8.2M in Apr, 2025.

Who are the top competitors of Wolfspeed?

Wolfspeed's top competitors include MaxLinear, MACOM and Diamond Foundry. Among them, Finwave secured the most recent funding round in April, 2025.

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

Wolfspeed is a public company based in Durham (United States), founded in 2015 by John Palmour. It operates as a Provider of radio frequency-based ICs. Wolfspeed has raised an undisclosed amount in funding. The company has 167 active competitors, including 31 funded and 58 that have exited. Its top competitors include companies like MaxLinear, MACOM and Diamond Foundry.

Company Details

Provider of radio frequency-based ICs. It designs and develops GaN on silicon carbide technology. Its technology is deployed in the communication industry for RF communication and space exploration. It is also a manufacturer and distributor of silicon carbide diodes and MOSFETs for power conversion.

Website: www.wolfspeed.com/
Social
Registered Address: Durham, North Carolina

Key Metrics

Founded Year

2015

Location

Durham, United States

Stage

Public

Latest Funding Round

Post IPO, Apr 23, 2024, $*****

Investors

JANA Partners & 3 more

Ranked

17^th among 167 active competitors

Annual Revenue

$500M - $1B as on Jun 29, 2025

Employee Count

2,414 as on Sep 30, 2026

Similar Companies

MaxLinear & 155 more

Exit Details

Public

View Wolfspeed's full profile

Wolfspeed is associated with 4 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Wolfspeed, Inc. CIN: 206715898 , United States, Active	Jan 20, 2023	-	-	-
WOLFSPEED EUROPE GMBH CIN: 0742.810.261 , Belgium, Active	Feb 01, 2020	-	-	-
Wolfspeed, Inc. CIN: 895419 , United States, Active	May 11, 2015	$500M - $1B (As on Jun 29, 2025)	-	-
Cree, Inc. CIN: 561572719 , United States, Active	Dec 31, 1999	-	4007 (As on Dec 31, 2024)	-

Wolfspeed got listed on Feb 08, 1993.

Click here to take a look at Wolfspeed's IPO in detail

Wolfspeed has raised funding over 3 rounds. Its first funding round was on Jun 30, 2015. Its latest funding round was a Post IPO round on Apr 23, 2024 for $*****. 1 investor participated in its latest round. Wolfspeed has 4 institutional investors.

Here is the list of recent funding rounds of Wolfspeed:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 23, 2024	5978684	Post IPO	1216404	1090717	4364924	3983995
Oct 01, 2015	8847857	Grant (prize money)	8785851	7294395	5689070	OSTI
Jun 30, 2015	3365274	Grant (prize money)	6784292	2663578	9977814	OSTI

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View details of Wolfspeed's funding rounds and investors

The founders of Wolfspeed is John Palmour.

Here are the details of Wolfspeed's key team members:

John Palmour: Co-Founder & CTO of Wolfspeed.
Contact Info: 1 email address

View details of Wolfspeed's Founder profiles and Board Members

Wolfspeed's employee count trend

Wolfspeed has 2,414 employees as of Sep 26. Here is Wolfspeed's employee count trend over the years:

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Top competitors of Wolfspeed include MaxLinear, MACOM and Diamond Foundry. Here is the list of Top 10 competitors of Wolfspeed, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	MaxLinear 2003, Carlsbad (United States), Public	Developer of radio frequency, high-performance broadband and networking semiconductor solutions	$20M	Baillie Gifford, ARK Investment Management ... & 9 others	76/100
2nd	MACOM 1950, Lowell (United States), Public	Manufacturer of RF, microwave, millimeter wave, and optical networking components	$183M	Summit Partners, Ventures West & 12 others	72/100
3rd	Diamond Foundry 2012, San Francisco (United States), Series D	Technology company that specializes in creating diamonds using sustainable and eco-friendly methods	$315M	Fidelity Investments, Future Shape & 8 others	69/100
4th	pSemi 1990, San Diego (United States), Acquired	Mixed signal communications circuits	$17.6M	Palisades Growth Capital, Ridgewood Capital ... & 4 others	67/100
5th	Impinj 2000, Seattle (United States), Public	RFID solutions for retail, healthcare, consumer electronics and IoT	$132M	Arch Venture Partners, Polaris Partners & 19 others	64/100
6th	Qorvo 1991, Greensboro (United States), Public	Manufacturer of radio frequency (RF) and power solutions for multiple industries	-	USVP, Tensility Venture Partner & 3 others	63/100
7th	Semtech 1960, Camarillo (United States), Public	Provider of semiconductors, IoT systems, and cloud connectivity solutions	-	-	63/100
8th	Guerrilla 2013, Greensboro (United States), Public	Manufacturer of radio frequency integrated circuits for various applications	$20.6M	Piedmont Angel Network, Charlotte Angel Fund ... & 8 others	63/100
9th	Finwave 2012, Waltham (United States), Series B	Provider of 5G/6G network application services	$41.5M	Fine Structure Ventures, Safar Partners & 13 others	62/100
10th	Fermionic Design 2020, Bengaluru (India), Seed	High-performance RF silicon IC company for mission-critical radar and communication systems for global market	$6M	RBA Finance and Investment, Lucky Investment Managers ... & 2 others	56/100
17th	Wolfspeed 2015, Durham (United States), Public	Provider of radio frequency-based ICs	-	JANA Partners, Benson Family Private Equity ... & 2 others	57/100