NuCurrent develops wireless power antenna technology for electronic device OEMs and integrators. The company is based in Chicago and is led by CEO Jacob Babcock. NuCurrent’s antennas are designed to enable efficient wireless power capabilities in accessories, smartphones, cars and the places people visit every day. It closed $3.48M in Series A funding to accelerate commercial development and grow its global market share. Backers in the round included Independence Equity, Hyde Park Angels, Harvard Business School Angels, an unnamed strategic corporate investor and existing investors. The company intends to use the proceeds to push commercialization and expand its market presence.

Total raised

$3M

Funding rounds

1

Latest round

Series A

Latest activity

Oct 2014