Newratek Overview
- Year Founded
-
2014
- Status
-
Private
- Employees
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41
- Latest Deal Type
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Later Stage VC
- Latest Deal Amount
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$14.7M
- Investors
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8
Newratek General Information
Description
Developer of wireless communication semiconductors designed for the growth of the Internet of Things. The company offers low-power and long-range system-on-a-chip architectures operating on sub-gigahertz radio frequencies, incorporating advanced device sleep modes, client densities supporting multiple concurrent nodes, and robust security protocols to substitute traditional networks without requiring proprietary gateways, enabling device manufacturers and industrial enterprises to optimize connectivity range and power efficiency for mission-critical automation systems.
Contact Information
Website
www.newratek.comCorporate Office
- 4th floor of Aurora World Building
- 624, Teheran-ro, Gangnam-gu
- Seoul, 06175
- South Korea
Corporate Office
- 4th floor of Aurora World Building
- 624, Teheran-ro, Gangnam-gu
- Seoul, 06175
- South Korea
Newratek Timeline
Newratek Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 3. Later Stage VC | 21-May-2026 | $14.7M | Completed | Generating Revenue | ||
| 2. Later Stage VC (Series B) | 12-Dec-2025 | Completed | Generating Revenue | |||
| 1. Early Stage VC (Series A) | 16-Sep-2014 | Completed | Generating Revenue |
VC Exit Predictor
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Newratek Patents
Newratek Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20260205950-A1 | Wireless device and method of saving power in wireless device | Pending | 10-Jan-2025 |
Newratek Signals
Newratek Investors (8)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Enlight Ventures | Venture Capital | Minority | ||
| KB Securities | Investment Bank | Minority | ||
| LB Private Equity | PE/Buyout | Minority | ||
| QED Equity Korea | PE/Buyout | Minority | ||
| Widwin Investment | PE/Buyout | Minority |
Newratek FAQs
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When was Newratek founded?
Newratek was founded in 2014.
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Where is Newratek headquartered?
Newratek is headquartered in Seoul, South Korea.
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What is the size of Newratek?
Newratek has 41 total employees.
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What industry is Newratek in?
Newratek’s primary industry is Wireless Communications Equipment.
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Is Newratek a private or public company?
Newratek is a Private company.
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What is Newratek’s current revenue?
The current revenue for Newratek is .
-
How much funding has Newratek raised over time?
Newratek has raised $16.8M.
-
Who are Newratek’s investors?
Enlight Ventures, KB Securities, LB Private Equity, QED Equity Korea, and Widwin Investment are 5 of 8 investors who have invested in Newratek.
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