About Coresonic
Coresonic is a Technology company based in Linkoping (Sweden) founded in 2004, and was acquired by MediaTek in April 2012. Low-powered digital signal processing (DSP) cores for wireless baseband applications. Coresonic has raised $2.39 million across 1 funding round from investors including MediaTek, SEB and Industrifonden. Its focus areas include Semiconductors, Digital ICs, Microprocessors and General Purpose.
Company details
Coresonic developed a DSP architecture for wireless baseband applications. The new architecture was highly efficient, fully programmable and scalable but without the large complexity and power consumption of typical VLIW DSPs. The company was formed after a three-year research project at Linkoping University. It is currently a subsidiary of MediaTek.
- Headquarters Linkoping, Sweden
- Stage Acquired
- SectorsTechnology
- Website coresonic.com
- Social LinkedIn
- Acquired by MediaTek (Apr 2012)
Funding Insights of Coresonic
Coresonic has successfully raised a total of $2.39M through 1 strategic funding round. The most recent funding activity was a Series A round of $2.39 million completed in June 2010. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $2.39M
- Total Rounds 1
- Last Round Series A — $2.39M
- First Round $2.39M
(Jun 2010)
- Investors Count 2
All 1 funding rounds of Coresonic with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2010 | $2.39M | Series A | – | – |
3 investors in total: 3 institutional.
Investors in Coresonic
Coresonic has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include MediaTek, SEB and Industrifonden.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments in deep-tech, life sciences, and transformative tech are managed. | industrifonden.com | Stockholm, Sweden | ||
SEB is recognized as a leading Nordic corporate bank. | 1856 | sebgroup.com | Stockholm, Sweden | |
Provider of AI-based neural processing unit chipsets | 1997 | mediatek.com | Hsinchu, Taiwan |
Investor details for Coresonic
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Coresonic
3 dated milestones of Coresonic across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Coresonic is founded.
- Funding First funding round of $2.4M.
- Exit Acquired by MediaTek.
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Frequently Asked Questions about Coresonic
Coresonic was founded in 2004 and raised its 1st funding round 6 years after it was founded.
Coresonic is headquartered in Linkoping, Sweden. It is registered at Linkoping, Ostergotland, Sweden.
Coresonic is a funded company, having raised a total of $2.39M across 1 funding round to date. The company's 1st funding round was a Series A of $2.39M, raised on Jun 2010.
Coresonic developed a DSP architecture for wireless baseband applications. The new architecture was highly efficient, fully programmable and scalable but without the large complexity and power consumption of typical VLIW DSPs. The company was formed after a three-year research project at Linkoping University. It is currently a subsidiary of MediaTek.
Coresonic has 3 investors. Key investors include MediaTek, SEB, and Industrifonden.
Yes. Coresonic was acquired by MediaTek in April 2012.