Polymatech Overview
- Year Founded
-
2007
- Status
-
Acquired/Merged
- Employees
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20
- Latest Deal Type
-
Later Stage VC
- Latest Deal Amount
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$28M
- Investors
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1
Polymatech General Information
Description
Manufacturer of semiconductor chips intended for automotive, smart mobile devices, personal computing, home and industrial Internet of Things, communications infrastructure, and data centers. The company's range of products includes microcontrollers, wireless chips, logic chips, memory chips and LED chips as well as all crucial elements in various electronic devices and systems, thereby allowing clients to source multiple components from a single supplier, streamlining their supply chain and operations.
Contact Information
Website
www.polymatechworld.com(Operating Subsidiary)
Corporate Office
- Plot No OZ 13, SIPCOT Hi-Tech SEZ
- Oragadam
- Kancheepuram, Chennai 602105
- India
Corporate Office
- Plot No OZ 13, SIPCOT Hi-Tech SEZ
- Oragadam
- Kancheepuram, Chennai 602105
- India
Polymatech Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 3. Later Stage VC | 10-Sep-2023 | $28M | Completed | Profitable | ||
| 2. IPO | 29-Sep-2023 | Cancelled | Generating Revenue | |||
| 1. Merger/Acquisition | 01-Aug-2018 | Completed | Generating Revenue |
Polymatech Signals
Polymatech Former Investors (3)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Innovations Venture Studio | Accelerator/Incubator | Minority | ||
| Polymatech (Industrial Supplies and Parts) | Corporation | Majority | ||
| Polymatech (Malaysia) | Corporation | Majority |
Polymatech Investments (1)
Polymatech’s most recent deal was a Buyout/LBO with Nisene Technology Group for . The deal was made on 06-Aug-2024.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Nisene Technology Group | 06-Aug-2024 | Buyout/LBO | Electronic Equipment and Instruments |
Polymatech Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Nisene Technology Group | Watsonville, CA | 1950 |
Polymatech FAQs
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When was Polymatech founded?
Polymatech was founded in 2007.
-
Where is Polymatech headquartered?
Polymatech is headquartered in Kancheepuram, India.
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What is the size of Polymatech?
Polymatech has 20 total employees.
-
What industry is Polymatech in?
Polymatech’s primary industry is General Purpose Semiconductors.
-
Is Polymatech a private or public company?
Polymatech is a Private company.
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What is Polymatech’s current revenue?
The current revenue for Polymatech is .
-
How much funding has Polymatech raised over time?
Polymatech has raised $28M.
-
Who are Polymatech’s investors?
Innovations Venture Studio, Polymatech (Industrial Supplies and Parts), and Polymatech (Malaysia) have invested in Polymatech.
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When was Polymatech acquired?
Polymatech was acquired on 10-Sep-2023.
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Who acquired Polymatech?
Polymatech was acquired by Nandam Group of Companies.
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