GaN Systems recently announced that SPARX Group “Mirai Creation Fund II has made an investment in GaN Systems. Mirai fund provides capital to companies with the goal of accelerating innovation, Vehicle Electrification being one of the major targets, to generate a “new power” that will shape the future and impact our world. The goals and principles of the fund align well as the automobile industry as a whole is shifting toward a “mobility company” in this once-in-a-century period of profound transformation. Mirai fund’s LP investors include Toyota Motor Corporation (“Toyota”) as Toyota made known in their public release.

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