Nextek

Madison, United States Founded: 1997 • Age: 29 yrs Acquired By Katek
Precision electronic assembly and circuit card products are provided.
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About Nextek

Nextek is a company based in Madison (United States) founded in 1997 was acquired by Katek in July 2023.. The company has 137 employees as of December 31, 2021. Nextek offers products and services including Quick-Turn Prototype, PCB Assembly, Box Build, and Supply Chain Management.

  • Headquarter Madison, United States
  • Employees 137 as on 31 Dec, 2021
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Nextek, Inc.
Operational Areas
Technology → Semiconductors, Electronics & Hardware
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $6.42 M (USD), Debt – Conventional

    Nov 13, 2009

  • Investors
  • Employee Count
    137

    as on Dec 31, 2021

  • Acquired by
    Katek

    (Jul 12, 2023)

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Products & Services of Nextek

Nextek offers a comprehensive portfolio of products and services, including Quick-Turn Prototype, PCB Assembly, Box Build, and Supply Chain Management. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Rapid prototyping for electronics to accelerate development cycles.

Assembly of printed circuit boards for reliable electronic products.

Complete system integration and final assembly for electronics.

Management of components and logistics for efficient production.

People of Nextek
Headcount 50-200
Employee Profiles 22
Employee Profiles
People
Beth Zivat
Quality Control & Verification Lead
People
Cynthia Wood
Human Resources Recruitment Assistant
People
Clif Bennett
Product/ Process Engineer
People
Jacqueline McCarty
Accountant

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Funding Insights of Nextek

  • Total Funding
  • Total Rounds 1
  • Last Round Debt – Conventional — $6.4M
  • First Round

    (13 Nov 2009)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2009 Amount Debt – Conventional - Nextek Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Nextek

Nextek has secured backing from 1 investor. Prominent investors backing the company include KATEK Group. 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.

All
Investor Description Founded Year Domain Location
IoT solutions, software development, and electronic services are provided.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Nextek

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Nextek

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Nextek Comparisons

Employees
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Competitors of Nextek

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Nextek

Frequently Asked Questions about Nextek

When was Nextek founded?

Nextek was founded in 1997 and raised its 1st funding round 12 years after it was founded.

Where is Nextek located?

Nextek is headquartered in Madison, United States. It is registered at Madison, Wisconsin, United States.

Who is the current CEO of Nextek?

John Roberts is the current CEO of Nextek.

How many employees does Nextek have?

As of Dec 31, 2021, the latest employee count at Nextek is 137.

What does Nextek do?

Nextek was founded in 1997 and is headquartered in Madison, United States. Operations focus on the electronics sector, where precision electronic assembly services and circuit card products are delivered. These activities support manufacturing needs in various applications. The company is led by President and CEO John Roberts, with emphasis placed on technical expertise and quality standards in production processes.

What products or services does Nextek offer?

Nextek offers Quick-Turn Prototype, PCB Assembly, Box Build, and Supply Chain Management.

Who are Nextek's investors?

Nextek has 1 investor. Key investors include KATEK Group.

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