Product Reports Resources Pricing Login Book a demo

Newratek

Semiconductors · Seoul, South Korea · Founded 2014

Wi-Fi HaLow System-on-Chip for IoT connectivity MoreLess

Newratek is a fabless semiconductor company specializing in Wi-Fi System-on-a-Chip (SoC) solutions for the Internet of Things (IoT) market. Founded in 2014 and headquartered in Seoul, South Korea, the company was established by a group of twenty-eight individuals from the Electronics and Telecommunications Research Institute (ETRI). The company operates globally with offices in the United States and Taiwan to serve the growing IoT market.

The company's core business revolves around the design and provision of semiconductor technology that enables long-range, low-power wireless connectivity. Newratek was the first to develop a System-on-a-Chip compliant with the IEEE 802.11ah standard, also known as Wi-Fi HaLow. This technology operates in the sub-1 GHz spectrum, allowing for greater range (over 1 kilometer) and better penetration through obstacles compared to traditional Wi-Fi. It is designed to connect a high density of devices, with a single access point supporting over 8,000 clients, while incorporating advanced power-saving modes to extend the battery life of IoT devices.

Newratek's product portfolio includes several Wi-Fi HaLow SoCs, such as the NRC7292 and the more advanced NRC7394. These chips integrate a digital baseband modem, RF transceiver, and an ARM Cortex processor, and can be used in various modes of operation. The company also provides evaluation kits (EVKs) to facilitate software development and testing for their clients. Their business model is that of a fabless semiconductor firm, focusing on the design and engineering of their chips while outsourcing manufacturing. They partner with other semiconductor companies, device manufacturers, and IoT solution providers to integrate their Wi-Fi HaLow technology into various business systems.

The technology serves a wide array of applications across multiple industries, including industrial automation and sensing, smart homes and buildings, logistics, healthcare, agriculture, and smart grid applications. Dr. Sok Kyu Lee, who has an extensive background in electrical engineering and holds nearly 600 patents related to WLAN research from his time at ETRI, serves as the CEO. The COO, Mr. Kee Bae Cho, brings over 30 years of experience in the semiconductor business, having held positions at companies like Synopsys and Daewoo Semiconductor.

Keywords: Wi-Fi HaLow, IEEE 802.11ah, System-on-Chip, SoC, fabless semiconductor, IoT connectivity, long-range Wi-Fi, low-power wireless, wireless communications equipment, M2M communication, industrial automation, smart grid, asset tracking, smart building, electronic shelf labels, sensor networks, NRC7292, NRC7394, sub-1 GHz, wireless network, IoT devices, embedded systems, RF transceiver, baseband modem

Company overview

Newratek company information

The essential company record, classifications and operating signals in one place.

Status
Operational
Founded
2014
Headquarters
Seoul, South Korea
Employees
6
Open positions
None listed
Dealroom signal
23.0
client focusb2btechnologyDeep Techbusiness modelManufacturingsectorSemiconductor Designers and ManufacturerssectorChips and ProcessorssectorSoC (System-on-Chip)sectorDT and LSsectorscience-basedindustrySemiconductors

Valuation & funding

Newratek funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VCEquity / VC Jun 2026 $18M $73M Investwith · LB Private Equity · Nanjing Yiqide Enterprise Management Partnership · KB Securities
SERIES BEquity / VC Dec 2025 $15M $60M Undisclosed
Showing 2 recorded eventsUnlock the complete deal history →

Financials

Workforce over time

Available workforce history. Financial fields without reported data are omitted.

YearEmployees
2026 6
Company filings, research estimates and Dealroom dataOpen the full financial model →

Growth signals

Newratek website traffic

Latest recorded traffic for Newratek is 5.2K monthly website visits, up 100% over the last three months.

Latest monthly visits5.2K 3-month web change+100%
Monthly website visits6 observations · Feb 2026–Jul 2026
Hover or focus a point to see its exact monthly valueCompare with peers →

Comparisons

Newratek compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

Showing 8 of the closest matchesCompare every metric →

Talent graph

Newratek's talent

Book a demo to see the people
Employees 6 total headcount
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

5 investors on Newratek's cap table

Sourced from Dealroom's funding and investor records.

Series B+ 5 investors entered at this stage
Investwith
LB Private Equity
Nanjing Yiqide Enterprise Management Partnership
KB Securities
Widwin investment

Global footprint

Where Newratek has talent and traffic

Workforce by country
1 countries with
team presence
🇰🇷 South Korea100%
1 country shown

In the news

Latest news about Newratek

Recent press, funding announcements, and product moves mentioning Newratek — open to read from the original sources.

See all news

Market sentiment

What the market is saying about Newratek

An AI-synthesized read of the highest-engagement posts about Newratek on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

See Newratek’s full profile on Dealroom

Request a free trial to see the complete deal history, financials, people graph and growth signals.

Takes under a minute. Already use Dealroom? Log in.