FundedIQ
Hardware

NuCurrent: Funding, Investors & Team (Aug 2026)

For product creators, NuCurrent's cutting-edge wireless power technology and tried-and-true procedures produce superior user experiences. To learn more, go to www.nucurrentcom.

nucurrent.com LinkedIn Chicago, United States 11-50 employees
Hardware Mobile WirelessHigh efficiency inductors Custom design and fabrication Surface-mount inductors Wireless power Litz wire alternatives Wireless charging
Total raised
$3.6M
Rounds
2
Latest
Undisclosed round
Jun 2024

NuCurrent has raised $3.6M across 2 funding rounds on record, the most recent an undisclosed round of $100k announced in Jun 2024.

That round is below the $10M median round size for Hardware companies tracked on FundedIQ over the last two years.

NuCurrent Company Profile and Key Stats

Total funding raised
$3.6M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Undisclosed round
$100k in Jun 2024
Employees
11-50
reported band
Headquarters
Chicago, United States

Latest funding round on record: Jun 2024.

NuCurrent Funding Rounds

Date
Round
Amount
Undisclosed round
$100k
Undisclosed round
$3.5M

NuCurrent raised $3.5M in an undisclosed round announced in Nov 2022.

1.6 years later, an undisclosed round of $100k was announced in Jun 2024.

NuCurrent Founders and Leadership Team

Name
Role
Contact
Jacob Babcock
Founder

No contact details are on record for this team yet.

NuCurrent Funding Compared to Other Hardware Startups

Segment
Companies
Median round
1,454
$10M
29,722
$7.5M

NuCurrent's latest round of $100k is below the median round in Hardware. Medians cover the last 24 months of disclosed rounds.

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NuCurrent Funding FAQs

What does NuCurrent do?

For product creators, NuCurrent's cutting-edge wireless power technology and tried-and-true procedures produce superior user experiences. To learn more, go to www.nucurrentcom.

How much funding has NuCurrent raised?

NuCurrent has raised $3.6M across 2 rounds on record. The most recent is an undisclosed round of $100k announced in Jun 2024.

When did NuCurrent last raise funding?

NuCurrent's most recent funding round on record is an undisclosed round of $100k, announced in Jun 2024.

Who founded NuCurrent?

FundedIQ lists Jacob Babcock (Founder) at NuCurrent.

Where is NuCurrent headquartered?

NuCurrent is based in Chicago, Illinois, United States.

How many employees does NuCurrent have?

NuCurrent is in the 11-50 employee band.

How does NuCurrent's funding compare to other Hardware startups?

NuCurrent's latest round of $100k is below the $10M median round size for Hardware companies on FundedIQ across 1,454 tracked companies over the last two years.

About FundedIQ's NuCurrent Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for NuCurrent is left off this page rather than filled in.

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