About NexGen Power Systems
NexGen Power Systems is a company based in Santa Clara (United States) founded in 2017.. NexGen Power Systems has raised $8 million across 1 funding round. The company has 42 employees as of April 05, 2024. NexGen Power Systems operates in a competitive market with competitors including Diamond Foundry, GaN Systems, Porotech, Element Six and Comptek Solutions, among others.
- Headquarter Santa Clara, United States
- Employees 42 as on 05 Apr, 2024
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Sectors
Chemicals & Materials
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Email
***********
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Phone
*********
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Website
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- Legal Name Nxg Power Systems India Private Limited
- Date of Incorporation 12 Jan, 2021
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$3.45 M (USD)191.13as on Mar 31, 2023
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Net Profit
$319.2 K (USD)212.09as on Mar 31, 2023
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EBITDA
$884.35 K (USD)141.76as on Mar 31, 2023
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Total Equity Funding
$8 M (USD)
in 1 rounds
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Latest Funding Round
$8 M (USD), Series A
Feb 27, 2018
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Investors
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Employee Count
42
as on Apr 05, 2024
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Funding Insights of NexGen Power Systems
NexGen Power Systems has successfully raised a total of $8M through 1 strategic funding round. The most recent funding activity was a Series A round of $8 million completed in February 2018. 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 — $8.0M
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First Round
First Round
(27 Feb 2018)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2018 | Amount | Series A - NexGen Power Systems | Valuation |
investors |
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| 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 |
Investments & Acquisitions by NexGen Power Systems
| 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 - NexGen Power Systems
| 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 |
Nexgen Power Systems Comparisons
Competitors of NexGen Power Systems
NexGen Power Systems 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 Diamond Foundry, GaN Systems, Porotech, Element Six and Comptek Solutions, 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 |
Technology company that specializes in creating diamonds using sustainable and eco-friendly methods
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| domain | founded_year | HQ Location |
Semiconductor and system solutions are manufactured for diverse applications.
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| domain | founded_year | HQ Location |
GaN-based microLED displays for AR and wearables are developed.
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| domain | founded_year | HQ Location |
Synthetic diamonds are manufactured for industrial tools and technologies.
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| domain | founded_year | HQ Location |
Provider of III-V compound semiconductor material
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| domain | founded_year | HQ Location |
GaN semiconductor technology is provided for RF and power applications.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
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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Latest news on Nexgen Power Systems
Frequently Asked Questions about NexGen Power Systems
When was NexGen Power Systems founded?
NexGen Power Systems was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is NexGen Power Systems located?
NexGen Power Systems is headquartered in Santa Clara, United States. It is registered at Santa Clara, California, United States.
Who is the current CEO of NexGen Power Systems?
Shahin Sharifzadeh is the current CEO of NexGen Power Systems.
Is NexGen Power Systems a funded company?
NexGen Power Systems is a funded company, having raised a total of $8M across 1 funding round to date. The company's 1st funding round was a Series A of $8M, raised on Feb 27, 2018.
How many employees does NexGen Power Systems have?
As of Apr 05, 2024, the latest employee count at NexGen Power Systems is 42.
What is the annual revenue of NexGen Power Systems?
Annual revenue of NexGen Power Systems is $3.45M as on Mar 31, 2023.
What does NexGen Power Systems do?
NexGen Power Systems was founded in 2017 and is headquartered in Santa Clara, United States. Gallium nitride (GaN) power transistors are produced by the company within the semiconductor sector, focusing on components for efficient power conversion and management. Operations center on design and fabrication of these transistors, with oversight from CEO Shahin Sharifzadeh. The domain nexgenpowersystems.com is maintained for business outreach.
Who are the top competitors of NexGen Power Systems?
NexGen Power Systems's top competitors include Diamond Foundry, Porotech and GaN Systems.
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