NuCurrent

Chicago, United States Founded: 2009 • Age: 17 yrs
High-efficiency antennas for wireless charging are developed and supplied.
Annual revenue - Latest available
Total funding $23.1M 11 rounds
Employees 20 Tracked headcount
Investors 4 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About NuCurrent

NuCurrent is a company based in Chicago (United States) founded in 2009. NuCurrent has raised $23.12 million across 11 funding rounds from investors including IU Ventures, Independence Equity and HBS Alumni Angels Chicago. The company has 20 employees as of December 31, 2024. NuCurrent offers products and services including Qi Solutions, NFC WLC Solutions, and AirFuel Solutions. NuCurrent operates in a competitive market with competitors including Resonant Link, Salcomp, Powermat, WiBotic and Nuvolta, among others.

  • Headquarter Chicago, United States
  • Employees 20 as on 31 Dec, 2024
  • Sectors
    Technology
    Energy & Utilities Transportation, Automotive & Logistics
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Nucurrent, Inc.
Operational Areas
Technology → Semiconductors, Electronics & Hardware Unlock Sub-Sector Unlock Segment
Energy & Utilities → Energy Storage & Efficiency Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $23.12 M (USD)

    in 11 rounds

  • Latest Funding Round
    $982.44 K (USD), Series C

    Sep 12, 2025

  • Investors
    IU Ventures

    & 3 more

  • Employee Count
    20

    as on Dec 31, 2024

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Products & Services of NuCurrent

NuCurrent offers a comprehensive portfolio of products and services, including Qi Solutions, NFC WLC Solutions, and AirFuel Solutions.

Product name locked
Category locked
Primary

Inductive power solutions for devices up to 150W

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Resonant power options for low-power applications up to 3W

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High-frequency resonant charging for devices up to 300W

People of NuCurrent

Headcount 10-50
Employee Profiles 15
Employee Profiles
People
Cameron King
Electrical Engineer I
People
Jacob Babcock
CEO
People
Tim Tumilty
EVP, Sales & Marketing
People
Steve Wasko
Chief Financial Officer

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Funding Insights of NuCurrent

NuCurrent has successfully raised a total of $23.12M across 11 strategic funding rounds. The most recent funding activity was a Series C round of $982.44 thousand completed in September 2025. 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.

Investors in NuCurrent

NuCurrent has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include IU Ventures, Independence Equity and HBS Alumni Angels Chicago.

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Venture Fund
Investor Description Founded Year Domain Location
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Early-stage venture capital investments are facilitated in Chicago.
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Investor details for NuCurrent

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Investments & Acquisitions by NuCurrent

Investments
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Investment portfolio details for NuCurrent

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Financial Statements - NuCurrent

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Detailed financials for NuCurrent

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Nucurrent Comparisons

NuCurrent Primary company
Description
High-efficiency antennas for wireless charging are developed...
Location
Chicago, United States
Founded Year
2009
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
20
As of 2024
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Peer comparison for NuCurrent

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Competitors of NuCurrent

NuCurrent 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 Resonant Link, Salcomp, Powermat, WiBotic and Nuvolta, among others.

Company Name Domain Founded year HQ Location Description
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Wireless charging solutions are provided via self-resonant structure technology.
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Power supplies for mobile phones and electronic devices are manufactured.
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Induction-based wireless charging solutions are provided for mobile devices.
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Wireless charging solutions for industrial robots are provided.
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Wireless power transfer and management ICs
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Detailed competitors of NuCurrent

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Latest news on Nucurrent

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Complete news archive for NuCurrent

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Frequently Asked Questions about NuCurrent

NuCurrent was founded in 2009 and raised its 1st funding round 7 years after it was founded.

NuCurrent is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.

NuCurrent is a funded company, having raised a total of $23.12M across 11 funding rounds to date.

As of Dec 31, 2024, the latest employee count at NuCurrent is 20.

NuCurrent was established in 2009 as a fabless semiconductor company based in Chicago, United States. Antennas with high efficiency for wireless charging are designed and produced, targeting integration into consumer devices. Pre-designed and customized antenna modules are provided to original equipment manufacturers. The portfolio is further expanded to include surface-mount inductors and induction heating coils for various applications in the electronics sector.

NuCurrent's top competitors include Powermat, Salcomp and ChargeSpot.

NuCurrent offers Qi Solutions, NFC WLC Solutions, and AirFuel Solutions.

NuCurrent has 4 investors. Key investors include IU Ventures, Independence Equity, HBS Alumni Angels Chicago, and HPA.

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