# NuCurrent

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nucurrent

- Industry: Electronics
- Headquarters: Chicago, US
- Website: www.nucurrent.com
- Total disclosed funding: $3.5M
- Latest round: Series B (Mar 1, 2020)
- Investors on record: 4

## About

Based in Illinois, US, and founded in 2009, NuCurrent, Inc. operates as a provider of wireless power solutions, intended for charging electronic devices. In June 2019, the company raised USD 6.771 million in venture funding, and as of December 2021, NuCurrent is being led by Jacob Babcock, as its CEO, and has more than 40 employees. The company has over 180 patents and has completed more than 200 projects, to date. The firm’s client portfolio includes Klipsch, PopSockets, WHOOP, Honeywell, prevent, and relay, among many others.

NuCurrent, Inc. develops and provides wireless power solutions that use inductive and inductive resonant charging technologies to power a variety of electronic devices such as laptops, medical devices, smartphones, speakers, industrial robots, smartwatches, home/IoT sensors, and hearables, among other things.
The company utilizes various wireless power transfer standards and interfaces (developed by Wireless Power Consortium) such as Qi and custom low-frequency solutions, NFC WLC (Near-Field Communication Wire Less Charging) and custom solutions, air-fuel and high-frequency custom solutions, and KI Cordless Kitchen solutions, etc, for covering diverse power requirements ranging from 3W (Watts) to 2200W (Watts).

## Funding rounds

- Series B, Mar 1, 2020 — Dipalo Ventures
- Series A, Oct 21, 2014, $3.5M — Independence Equity Management, Hyde Park Angels, Harvard Business School Alumni Angels

## Investors

- Independence Equity Management (https://capitalatlas.ai/funds/independence-equity-management) — Series A
- Hyde Park Angels (https://capitalatlas.ai/funds/hyde-park-angels) — Series A
- Harvard Business School Alumni Angels — Series A
- Dipalo Ventures (https://capitalatlas.ai/funds/dipalo-ventures) — Series B