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Shocking Technologies

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Shocking Technologies manufactures Voltage Switchable Dielectric (VSD) materials

San Jose, United StatesFounded 2006Hard Tech
Valuation $50–100M Last recorded · 2012
Total funding $10–50M Disclosed equity funding
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About Shocking Technologies

Founded in 2004 and based in San Jose, California, Shocking Technologies, Inc. operates within the advanced materials sector, specializing in the development of nanotechnology-based solutions for electrostatic discharge (ESD) protection. The company was established to commercialize its patented Voltage Switchable Dielectric™ (VSD™) materials, designed to safeguard sensitive electronic components from damaging electrical transients.

The firm's core product, XStatic™, is a polymer nano-composite that functions as a voltage-switchable material. Under normal operating conditions, it behaves as a dielectric (an insulator). However, when subjected to a high-voltage event like an ESD, the material's properties change, causing it to become conductive and safely shunt the harmful energy away from the circuit. Once the voltage drops below a specific threshold, it reverts to its insulating state, ready to protect against subsequent events. This technology is engineered to be embedded directly into printed circuit boards (PCBs) and semiconductor packages, offering a built-in protection solution that can save space by eliminating the need for discrete surge-suppressor components like TVS diodes. The material is supplied as a polymer coating on copper foil, designed to integrate with existing manufacturing processes.

Shocking Technologies targets the broad electronics industry, with initial applications focused on memory and mobile phones, though the technology is applicable to nearly any electronic product. The business model appears to be centered on supplying this advanced material to PCB and semiconductor manufacturers. The company has also developed software that integrates with design tools, such as Cadence Allegro®, to help engineers identify areas on a board requiring ESD protection and properly implement the VSD material. Over its history, the company has successfully raised $41.2 million in capital through five funding rounds, with the latest being a Series C round in May 2012 led by strategic investor Littelfuse. Other notable investors include ARCH Venture Partners, Vista Ventures, and ATA Ventures.

Source: Dealroom company data

At a glance

Status
Closed
Founded
2006
Headquarters
San Jose, United States
Open positions
None listed
Dealroom signal
0.0/100
Sector
Hard Tech
Technology
Hardware
Links
Website

Funding history

6 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
EARLY VCOther financing May 2012 $11M $42M Littelfuse —
SERIES COther financing Aug 2011 $15M $61M Vista Ventures · ATA Ventures · ARCH Venture Partners · SkyLake Incuvest —
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Growth signals

Shocking Technologies website traffic

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Investments and acquisitions

Capital deployed

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Investors

6 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A3 investors entered at this stage

Series B and later3 investors entered at this stage

  • Hercules Capital
  • Vista Ventures
  • SkyLake Incuvest
Team profiled 1 named & role-tagged
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Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · San Jose HQ
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Market sentiment

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