NEXT Semiconductor
About this raise
NEXT Semiconductor, with a valuation of $29.84 million, is raising funds on StartEngine. It is a fabless system-on-chip innovator specializing in edge-processing chips for drone, LiDAR, and SatCOM applications. NEXT Semiconductor is revolutionizing connectivity with semiconductor excellence and has a strong foundation of 32 patents. The company has revenue-generating projects and became EBITDA positive in 2024. Lucien Riddle Fouke III and Robert Polson Kummer founded NEXT Semiconductor in August 2020. The current crowdfunding campaign has a minimum target of $124,000 and a maximum target of $1.23 million. The campaign proceeds will be used for research and development, inventory, company employment, marketing, and working capital.
Investment Overview
Committed $6,711 :
Deal Terms
Company & Team
Company
- Year Founded
- 2020
- Industry
- Business Services, Software, & Applications
- Tech Sector
- Distribution Model
- B2B
- Margin
- Medium
- Capital Intensity
- High
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
05/01/2025 | StartEngine | $29,837,700 | $6,711 | Equity - Preferred | Active | RegCF |