About Yes Power Technics
Yes Power Technics is a Technology company based in Pyeongtaek (South Korea) founded in 2017, and was acquired by SK in April 2022. SiC power semiconductor products are manufactured alongside foundry services. Yes Power Technics has raised $24.21 million across 1 funding round from investors including SK. Its focus areas include Semiconductors and Horizontal.
Company details
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.
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 $24.21M
- Total Rounds 1
- Last Round Series B — $24.21M
- First Round $24.21M
(Jan 2021)
- Investors Count 1
All 1 funding rounds of Yes Power Technics with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2021 | $24.21M | Series B | – | SK | – |
1 investors in total: 1 institutional.
Investors in Yes Power Technics
Yes Power Technics has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include SK.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity firm focused on energy, chemical, semiconductor, logistics, and multiple sectors | 1953 | sk.com | Seoul, South Korea |
Investor details for Yes Power Technics
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Timeline of Yes Power Technics
3 dated milestones of Yes Power Technics across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Yes Power Technics is founded.
- Funding First funding round of $24.2M.
- Exit Acquired by SK.
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Frequently Asked Questions about Yes Power Technics
Yes Power Technics was founded in 2017 and raised its 1st funding round 4 years after it was founded.
Yes Power Technics is headquartered in Pyeongtaek, South Korea. It is registered at Pyeongtaek, Gyeonggi, South Korea.
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 2021.
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.
Yes Power Technics has 1 investor. Key investors include SK.
Yes. Yes Power Technics was acquired by SK in April 2022.