What is Nucurrent?
NuCurrent, Inc. specializes in the design, fabrication, and integration of optimal wireless power antennas, surface-mount inductors, and inductive coils. Established in 2009, the company provides solutions for both low and high-frequency wireless power systems, as well as a diverse range of applications requiring surface-mount inductors. NuCurrent's technological advancements position it as a key player in the evolving landscape of wireless energy transfer, catering to industries that require efficient and reliable power delivery without physical connections.
How much funding has Nucurrent raised?
Nucurrent has raised a total of $13.3M across 7 funding rounds:
Series A
$3.5M
Debt
$1.5M
Multiple Rounds
$7M
Debt
$350K
Private Equity
$983K
Series A (2014): $3.5M with participation from HBS Alumni Angels, Independence Equity Management, LLC., and Hyde Park Angels
Debt (2016): $1.5M, investors not publicly disclosed
Private Equity (2017): $4.5M, investors not publicly disclosed
Unspecified (2017): $1.5M, investors not publicly disclosed
Other Financing Round (2017): $1M backed by TechNexus
Debt (2020): $350K with participation from PPP
Private Equity (2025): $983K, investors not publicly disclosed
Key Investors in Nucurrent
TechNexus
TechNexus Venture Collaborative is an innovative platform that fosters growth by creating ecosystems between corporations and startups, focusing on building and scaling high-growth businesses through corporate joint ventures and venture capital funds.
HBS Alumni Angels
The Harvard Business School Alumni Angels Association (HBSAA) is a global angel network focused on researching and investing in early-stage companies, offering learning opportunities and mentorship for emerging businesses.
Independence Equity Management, LLC.
Independence Equity is an early-stage venture capital firm that invests in companies commercializing technologies aimed at improving resource utilization, with a portfolio in technology-driven sectors.
What's next for Nucurrent?
With the recent strategic investment and substantial total funding, NuCurrent is poised for accelerated development and market penetration. The company's focus on enterprise-level applications suggests a strategy aimed at integrating its advanced wireless power solutions into larger industrial and commercial systems. Future endeavors will likely involve scaling production, enhancing product capabilities, and forging strategic partnerships to capitalize on the growing demand for wireless power in sectors such as consumer electronics, automotive, and industrial automation. This infusion of capital is expected to fuel innovation and solidify NuCurrent's competitive edge.
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