About Coresonic
Coresonic is a company based in Linkoping (Sweden) founded in 2004 was acquired by MediaTek in April 2012.. Coresonic has raised $2.39 million across 1 funding round from investors including MediaTek, SEB and Industrifonden. Coresonic operates in a competitive market with competitors including AMD, Intel, Cavium Networks, Rambus and Texas Instruments, among others.
- Headquarter Linkoping, Sweden
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Sectors
Technology
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Phone
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Website
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Social
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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 Total Funding
- Total Rounds 1
- Last Round Series A — $2.4M
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First Round
First Round
(10 Jun 2010)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2010 | Amount | Series A - Coresonic | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investments in deep-tech, life sciences, and transformative tech are managed.
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Founded Year | Domain | Location | |
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SEB is recognized as a leading Nordic corporate bank.
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Founded Year | Domain | Location | |
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Provider of AI-based neural processing unit chipsets
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Coresonic
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Coresonic
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Coresonic Comparisons
Competitors of Coresonic
Coresonic operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as AMD, Intel, Cavium Networks, Rambus and Texas Instruments, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
High-performance CPUs and GPUs are developed for computing applications.
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Semiconductor ICs and microprocessors are designed and manufactured.
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ARM and MIPS processors are developed for intelligent networks.
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AI-based silicon IP and chip solutions are developed and licensed.
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Analog chips and embedded processors are designed and manufactured.
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| domain | founded_year | HQ Location |
Provider of AI-based neural processing unit chipsets
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Coresonic
When was Coresonic founded?
Coresonic was founded in 2004 and raised its 1st funding round 6 years after it was founded.
Where is Coresonic located?
Coresonic is headquartered in Linkoping, Sweden. It is registered at Linkoping, Ostergotland, Sweden.
Is Coresonic a funded company?
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 10, 2010.
What does Coresonic do?
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.
Who are the top competitors of Coresonic?
Coresonic's top competitors include AMD, Intel and Texas Instruments.
Who are Coresonic's investors?
Coresonic has 3 investors. Key investors include MediaTek, SEB, and Industrifonden.