Yes Power Technics

Founded: 2017 • Age: 9 yrs Acquired By SK
SiC power semiconductor products are manufactured alongside foundry services.
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About Yes Power Technics

Yes Power Technics is a company founded in 2017 was acquired by SK in April 2022.. Yes Power Technics has raised $24.21 million across 1 funding round from investors including SK.

  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
Operational Areas
Technology → Semiconductors, Electronics & Hardware
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $24.21 M (USD)

    in 1 rounds

  • Latest Funding Round
    $24.21 M (USD), Series B

    Jan 28, 2021

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    SK

    (Apr 27, 2022)

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Funding Insights of Yes Power Technics

Yes Power Technics has successfully raised a total of $24.21M through 1 strategic funding round. The most recent funding activity was a Series B round of $24.21 million completed in January 2021. 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 Rounds 1
  • Last Round Series B — $24.2M
  • First Round

    (28 Jan 2021)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2021 Amount Series B - Yes Power Technics Valuation SK
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 Yes Power Technics

Yes Power Technics has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include SK. 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
Institutional
Investor Description Founded Year Domain Location
Private equity firm focused on energy, chemical, semiconductor, logistics, and multiple sectors
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 Yes Power Technics

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 - Yes Power Technics

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

Yes Power Technics Comparisons

Employees
+
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Competitors of Yes Power Technics

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 Yes Power Technics

Frequently Asked Questions about Yes Power Technics

When was Yes Power Technics founded?

Yes Power Technics was founded in 2017 and raised its 1st funding round 4 years after it was founded.

Is Yes Power Technics a funded company?

Yes Power Technics is a funded company, having raised a total of $24.21M across 1 funding round to date. The company's 1st funding round was a Series B of $24.21M, raised on Jan 28, 2021.

What does Yes Power Technics do?

Yes Power Technics was established in 2017 within the semiconductor sector. Focus is placed on the production of silicon carbide (SiC) power semiconductors, which are utilized in high-efficiency applications. Manufacturing operations are conducted, complemented by foundry services for custom fabrication needs. The company supports advancements in power electronics through these specialized offerings, with activities centered in South Korea.

Who are Yes Power Technics's investors?

Yes Power Technics has 1 investor. Key investors include SK.

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