# NEXT Square

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/next-square

- Industry: Electronics
- Headquarters: Gunpo, South Korea
- Website: www.nextsq.com
- Total disclosed funding: $3.8M
- Latest round: Series B (Oct 11, 2022)
- Investors on record: 4

## About

Founded in 2013, and based in Gunpo, South Korea, NEXT Square Inc. operates as a manufacturing company that manufactures and supplies its clients with power electronics and ICT devices such as inspection Equipment -Electric Vehicle Parts, Green Energy Equipment, special power supply, DC-DC Converter, Isolated DC-DC Converter, Bidirectional Converter, and DC to AC Inverter. In October 2022, Next Square raised KRW 5 billion in series A funding from investors Time Folio Asset Management and Quantum Ventures Korea. Returning investor Snowball Investment also participated in this round.

The company offers various power electronic solutions that offer remote metering, tracking, and monitoring solutions. The company’s service offering includes fire prevention, solar inverter, RTGC / wireless feeding, large-capacity DC-DC converter, and energy management (EMS) solutions.

The company plans to use the October 2022 funding to accelerate the expansion of its business.

## Funding rounds

- Series B, Oct 11, 2022, $2.8M — Industrial Bank of Korea, Samsung Securities, Quantum Ventures Korea
- Seed, Dec 28, 2017, $0.9M — NH Investment & Securities

## Investors

- NH Investment & Securities (https://capitalatlas.ai/funds/nh-investment-securities) — Seed
- Industrial Bank of Korea — Series B
- Samsung Securities — Series B
- Quantum Ventures Korea (https://capitalatlas.ai/funds/quantum-ventures-korea) — Series B