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
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Sectors
TechnologyEnergy & Utilities Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Nucurrent, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$23.12 M (USD)
in 11 rounds
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Latest Funding Round
$982.44 K (USD), Series C
Sep 12, 2025
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Investors
IU Ventures
& 3 more
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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. 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.
Inductive power solutions for devices up to 150W
Resonant power options for low-power applications up to 3W
High-frequency resonant charging for devices up to 300W
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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.
- Total Funding Total Funding
- Total Rounds 11
- Last Round Series C — $982,440
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First Round
First Round
(05 Aug 2016)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2025 | Amount | Series C - NuCurrent | Valuation |
investors |
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| May, 2024 | Amount | Series C - NuCurrent | Valuation |
investors |
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| Sep, 2023 | Amount | Series C - NuCurrent | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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. 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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Early-stage venture capital investments are facilitated in Chicago.
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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 NuCurrent
| 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 - NuCurrent
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Nucurrent Comparisons
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. 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 |
Wireless charging solutions are provided via self-resonant structure technology.
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| domain | founded_year | HQ Location |
Power supplies for mobile phones and electronic devices are manufactured.
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| domain | founded_year | HQ Location |
Induction-based wireless charging solutions are provided for mobile devices.
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| domain | founded_year | HQ Location |
Wireless charging solutions for industrial robots are provided.
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| domain | founded_year | HQ Location |
Wireless power transfer and management ICs
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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 Nucurrent
Frequently Asked Questions about NuCurrent
When was NuCurrent founded?
NuCurrent was founded in 2009 and raised its 1st funding round 7 years after it was founded.
Where is NuCurrent located?
NuCurrent is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Is NuCurrent a funded company?
NuCurrent is a funded company, having raised a total of $23.12M across 11 funding rounds to date. The company's 1st funding round was a Series C of $1.11M, raised on Aug 05, 2016.
How many employees does NuCurrent have?
As of Dec 31, 2024, the latest employee count at NuCurrent is 20.
What does NuCurrent do?
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.
Who are the top competitors of NuCurrent?
NuCurrent's top competitors include Powermat, Salcomp and ChargeSpot.
What products or services does NuCurrent offer?
NuCurrent offers Qi Solutions, NFC WLC Solutions, and AirFuel Solutions.
Who are NuCurrent's investors?
NuCurrent has 4 investors. Key investors include IU Ventures, Independence Equity, HBS Alumni Angels Chicago, and HPA.
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