Tech Company Financing Transactions

NuCurrent Funding Round

NuCurrent closed a $3.5 million Series A venture capital round on 10/22/2014. Backers included Hyde Park Angels and Independence Equity.

Transaction Overview

Company Name
Announced On
10/22/2014
Transaction Type
Venture Equity
Amount
$3,480,000
Round
Series A
Investors

Hyde Park Angels (Christopher Jensen)

Independence Equity (Donald Sackman)

Proceeds Purpose
NuCurrent will leverage the new round of funding to accelerate commercial development and increase the company's global market share.

Company Information

Company Status
Private & Independent
Industry
Wireless
Mailing Address
641 W. Lake St. 304
Chicago, IL 60661
USA
Email Address
Overview
NuCurrent was founded in 2009 with a focus on wireless power for implanted medical devices. The company developed a breakthrough in novel structures for low resistance antennas and began focusing on non-medical applications in 2012.
Profile
NuCurrent LinkedIn Company Profile
Social Media
NuCurrent Company Twitter Account
Company News
NuCurrent News
Facebook
NuCurrent on Facebook
YouTube
NuCurrent on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Jacob Babcock
  Jacob Babcock LinkedIn Profile  Jacob Babcock Twitter Account  Jacob Babcock News  Jacob Babcock on Facebook
Chief Financial Officer
Steve Wasko
  Steve Wasko LinkedIn Profile  Steve Wasko Twitter Account  Steve Wasko News  Steve Wasko on Facebook
Executive Vice President
Jay Knobloch
  Jay Knobloch LinkedIn Profile  Jay Knobloch Twitter Account  Jay Knobloch News  Jay Knobloch on Facebook
VP - Engineering
Jim Crnkovic
  Jim Crnkovic LinkedIn Profile  Jim Crnkovic Twitter Account  Jim Crnkovic News  Jim Crnkovic on Facebook
VP - Operations
Jim Ticknor
  Jim Ticknor LinkedIn Profile  Jim Ticknor Twitter Account  Jim Ticknor News  Jim Ticknor on Facebook
VP - Sales
Timothy Tumilty
  Timothy Tumilty LinkedIn Profile  Timothy Tumilty Twitter Account  Timothy Tumilty News  Timothy Tumilty on Facebook


 

 

Browse more venture capital transactions:

Prev: 10/22/2014: DeNovo Sciences venture capital transaction
Next: 10/22/2014: Hmicro venture capital transaction

 

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Where The Data Comes From

We do our best to report on funding rounds that are announced publicly. VC transactions reported here are sourced from company press releases and news coverage. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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