NexGen Power Systems

Santa Clara, United States Founded: 2017 • Age: 9 yrs
Gallium nitride power transistors are manufactured for power applications.
Annual revenue $3.5M Latest available
Total funding $8.0M 1 rounds
Employees 42 Tracked headcount
Investors - Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

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
  • Sectors
    Chemicals & Materials
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Legal Name Nxg Power Systems India Private Limited
  • Date of Incorporation 12 Jan, 2021
  • Jurisdiction Bangalore, Karnataka, India
Operational Areas
Chemicals & Materials → Advanced & Functional Materials Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $3.45 M (USD)
    191.13
    as on Mar 31, 2023
  • Net Profit
    $319.2 K (USD)
    212.09
    as on Mar 31, 2023
  • EBITDA
    $884.35 K (USD)
    141.76
    as on Mar 31, 2023
  • Total Equity Funding
    $8 M (USD)

    in 1 rounds

  • Latest Funding Round
    $8 M (USD), Series A

    Feb 27, 2018

  • Investors
    Not available
  • Employee Count
    42

    as on Apr 05, 2024

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People of NexGen Power Systems

Headcount 50-200
Employee Profiles 10
Board Members and Advisors 2
Employee Profiles
People
Ananda Shetty
Sr. Staff Engineer – Component Engineer & Document Control
People
Shahin Sharifzadeh
CEO
People
Cliff Drowley
CTO & Co-Founder
People
Guruswamy Ganesh
CSO

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Board Members and Advisors
people
Stefan Rupp
Director
people
Dinesh Ramanathan
Director

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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.

Investments & Acquisitions by NexGen Power Systems

Investments
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Investment portfolio details for NexGen Power Systems

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Financial Statements - NexGen Power Systems

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Detailed financials for NexGen Power Systems

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Nexgen Power Systems Comparisons

NexGen Power Systems Primary company
Description
Gallium nitride power transistors are manufactured for power...
Location
Santa Clara, United States
Founded Year
2017
Annual Revenue
$3.45 M (USD)
Net Profit
$319.2 K (USD)
EBITDA
$884.35 K (USD)
Employees
42
As of 2024
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Peer comparison for NexGen Power Systems

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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.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Technology company that specializes in creating diamonds using sustainable and eco-friendly methods
Locked Locked Locked
Semiconductor and system solutions are manufactured for diverse applications.
Locked Locked Locked
GaN-based microLED displays for AR and wearables are developed.
Locked Locked Locked
Synthetic diamonds are manufactured for industrial tools and technologies.
Locked Locked Locked
Provider of III-V compound semiconductor material
Locked Locked Locked
GaN semiconductor technology is provided for RF and power applications.
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Detailed competitors of NexGen Power Systems

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Latest news on Nexgen Power Systems

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Complete news archive for NexGen Power Systems

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Frequently Asked Questions about NexGen Power Systems

NexGen Power Systems was founded in 2017 and raised its 1st funding round 1 year after it was founded.

NexGen Power Systems is headquartered in Santa Clara, United States. It is registered at Santa Clara, California, United States.

Shahin Sharifzadeh is the current CEO of NexGen Power Systems.

NexGen Power Systems is a funded company, having raised a total of $8M across 1 funding round to date.

As of Apr 05, 2024, the latest employee count at NexGen Power Systems is 42.

Annual revenue of NexGen Power Systems is $3.45M as on Mar 31, 2023.

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.

NexGen Power Systems's top competitors include Diamond Foundry, Porotech and GaN Systems.

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