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    <submissionType>D</submissionType>

    <testOrLive>LIVE</testOrLive>

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        <entityName>Transphorm, Inc.</entityName>
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            <street1>75 CASTILIAN DRIVE</street1>
            <city>GOLETA</city>
            <stateOrCountry>CA</stateOrCountry>
            <stateOrCountryDescription>CALIFORNIA</stateOrCountryDescription>
            <zipCode>93117</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>805-456-1300</issuerPhoneNumber>
        <jurisdictionOfInc>DELAWARE</jurisdictionOfInc>
        <edgarPreviousNameList>
            <previousName>Peninsula Acquisition Corp</previousName>
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        <entityType>Corporation</entityType>
        <yearOfInc>
            <withinFiveYears>true</withinFiveYears>
            <value>2017</value>
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    </primaryIssuer>

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            <relatedPersonName>
                <firstName>Mario</firstName>
                <lastName>Rivas</lastName>
            </relatedPersonName>
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                <street1>75 Castilian Drive</street1>
                <city>Goleta</city>
                <stateOrCountry>CA</stateOrCountry>
                <stateOrCountryDescription>CALIFORNIA</stateOrCountryDescription>
                <zipCode>93117</zipCode>
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                <relationship>Director</relationship>
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        </relatedPersonInfo>
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            <relatedPersonName>
                <firstName>Umesh</firstName>
                <lastName>Mishra</lastName>
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                <street1>75 Castilian Drive</street1>
                <city>Goleta</city>
                <stateOrCountry>CA</stateOrCountry>
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                <relationship>Director</relationship>
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            <relatedPersonName>
                <firstName>Brittany</firstName>
                <lastName>Bagley</lastName>
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                <street1>75 Castilian Drive</street1>
                <city>Goleta</city>
                <stateOrCountry>CA</stateOrCountry>
                <stateOrCountryDescription>CALIFORNIA</stateOrCountryDescription>
                <zipCode>93117</zipCode>
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                <firstName>Michael</firstName>
                <middleName>Julian</middleName>
                <lastName>Humphreys</lastName>
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                <city>Goleta</city>
                <stateOrCountry>CA</stateOrCountry>
                <stateOrCountryDescription>CALIFORNIA</stateOrCountryDescription>
                <zipCode>93117</zipCode>
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                <relationship>Director</relationship>
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                <lastName>Kerko</lastName>
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                <city>Goleta</city>
                <stateOrCountry>CA</stateOrCountry>
                <stateOrCountryDescription>CALIFORNIA</stateOrCountryDescription>
                <zipCode>93117</zipCode>
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            <relatedPersonName>
                <firstName>Katharina</firstName>
                <lastName>McFarland</lastName>
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                <zipCode>93117</zipCode>
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        <relatedPersonInfo>
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                <firstName>Eiji</firstName>
                <lastName>Yatagawa</lastName>
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                <city>Goleta</city>
                <stateOrCountry>CA</stateOrCountry>
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        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Primit</firstName>
                <lastName>Parikh</lastName>
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        <relatedPersonInfo>
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                <firstName>Cameron</firstName>
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    <offeringData>
        <industryGroup>
            <industryGroupType>Other Technology</industryGroupType>
        </industryGroup>
        <issuerSize>
            <revenueRange>Decline to Disclose</revenueRange>
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        <federalExemptionsExclusions>
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        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>false</isAmendment>
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            <dateOfFirstSale>
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        <durationOfOffering>
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        <typesOfSecuritiesOffered>
            <isEquityType>true</isEquityType>
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        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
            <clarificationOfResponse></clarificationOfResponse>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>0</minimumInvestmentAccepted>
        <salesCompensationList>
            <recipient>
                <recipientName>B. Riley FBR, Inc.</recipientName>
                <recipientCRDNumber>25027</recipientCRDNumber>
                <associatedBDName>None</associatedBDName>
                <associatedBDCRDNumber>None</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>11100 Santa Monica Blvd.</street1>
                    <street2>Suite 800</street2>
                    <city>Los Angeles</city>
                    <stateOrCountry>CA</stateOrCountry>
                    <stateOrCountryDescription>CALIFORNIA</stateOrCountryDescription>
                    <zipCode>90025</zipCode>
                </recipientAddress>
                <statesOfSolicitationList></statesOfSolicitationList>
                <foreignSolicitation>true</foreignSolicitation>
            </recipient>
            <recipient>
                <recipientName>Craig-Hallum Capital Group LLC</recipientName>
                <recipientCRDNumber>121395</recipientCRDNumber>
                <associatedBDName>None</associatedBDName>
                <associatedBDCRDNumber>None</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>222 South Ninth St.</street1>
                    <street2>Suite 350</street2>
                    <city>Minneapolis</city>
                    <stateOrCountry>MN</stateOrCountry>
                    <stateOrCountryDescription>MINNESOTA</stateOrCountryDescription>
                    <zipCode>55402</zipCode>
                </recipientAddress>
                <statesOfSolicitationList></statesOfSolicitationList>
                <foreignSolicitation>true</foreignSolicitation>
            </recipient>
        </salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>1000000</totalOfferingAmount>
            <totalAmountSold>1000000</totalAmountSold>
            <totalRemaining>0</totalRemaining>
            <clarificationOfResponse></clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>1</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>50000</dollarAmount>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
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            <clarificationOfResponse></clarificationOfResponse>
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        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>0</dollarAmount>
            </grossProceedsUsed>
            <clarificationOfResponse></clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>Transphorm, Inc.</issuerName>
                <signatureName>/s/ Mario Rivas</signatureName>
                <nameOfSigner>Mario Rivas</nameOfSigner>
                <signatureTitle>Chief Executive Officer</signatureTitle>
                <signatureDate>2021-03-31</signatureDate>
            </signature>
        </signatureBlock>
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</edgarSubmission>
