Korean startups
Uniqconn raises $7 mn in Series A round
The S.Korean system chip startup plans to prepare for the mass production of high-speed data transmission solutions
By Jun 18, 2024 (Gmt+09:00)
1
Min read
Most Read
S.Korea's LS Materials set to boost earnings ahead of IPO process
Hyundai Motor eyes EV battery production from 2027
Hanwha, LG to support Korea Zinc in battle against MBK
Naver to set up Middle Eastern headquarters in Saudi Arabia
Analysts rebut Morgan Stanley’s chip winter view; oversupply unlikely
South Korea's system semiconductor startup Uniqconn announced on Tuesday that it attracted 10 billion won ($7.24 million) in Series A round
The funding round was led by Doosan Investment Co., with participation from Hanwha Investment & Securities, SV Investment, and existing investor L&S Venture Capital.
Uniqconn, a wireless communication semiconductor startup, is developing next-generation transmission solutions to replace traditional conductor-based connectors and cables.
The company leverages semiconductor integrated circuit design technology and electromagnetic wave-related technology to create solutions that enable ultra-high-speed data transmission of over 10Gbps with excellent signal quality.
Uniqconn is accelerating preparations for mass production. The company collaborates with robotic arms, home appliances, and smartphone manufacturers.
Uniqconn has conducted proof-of-concept (PoC) projects with clients, addressing electrical and operational issues associated with existing transmission lines. Some customers have already requested mass production.
With the new investment, Uniqconn plans to focus on mass production and commercialization of its products to meet growing customer demand.
Write to Joo-Wan Kim at kjwan@hankyung.com
The funding round was led by Doosan Investment Co., with participation from Hanwha Investment & Securities, SV Investment, and existing investor L&S Venture Capital.
Uniqconn, a wireless communication semiconductor startup, is developing next-generation transmission solutions to replace traditional conductor-based connectors and cables.
The company leverages semiconductor integrated circuit design technology and electromagnetic wave-related technology to create solutions that enable ultra-high-speed data transmission of over 10Gbps with excellent signal quality.
Uniqconn is accelerating preparations for mass production. The company collaborates with robotic arms, home appliances, and smartphone manufacturers.
Uniqconn has conducted proof-of-concept (PoC) projects with clients, addressing electrical and operational issues associated with existing transmission lines. Some customers have already requested mass production.
With the new investment, Uniqconn plans to focus on mass production and commercialization of its products to meet growing customer demand.
Write to Joo-Wan Kim at kjwan@hankyung.com
More to Read
-
Shareholder activismSeoul rejects Elliott’s $20 mn claim against Samsung C&T
Sep 27, 2024 (Gmt+09:00)
-
ElectronicsSamsung’s first AI tablet comes with MediaTek's Dimensity processor
Sep 27, 2024 (Gmt+09:00)
Comment 0
LOG IN