Powernet

WORLD BEST SMPS COMPANY

Seoul, South Korea · Founded 1988 · $10.9M raised

Headquarters
Seoul
Employees
51–200
Founded
1988
Business Model
B2B
Total Funding
$10.9M
Last Round
$10.9M Corporate RoundAug 2018
Rounds
1

About

Powernet (파워넷) is a South Korean SMPS (Switched-Mode Power Supply) manufacturer founded in 1988 and listed on the KOSDAQ exchange. The company designs and produces power supply units for consumer electronics, automotive, LED lighting, and renewable energy (solar/ESS) markets, supplying customers including Samsung Electronics and Coway. Powernet operates manufacturing facilities in South Korea, China (Shenyang, Qingdao), and Vietnam (Binh Phuc) and exports directly to 17 regions across 12 countries.

Summary

Powernet is a Hardware company based in Seoul, South Korea, founded in 1988. It has raised $10.9M in total across 1 round, most recently a $10.9M Corporate Round round in Aug 2018.

Funding History

Corporate RoundPrivate PlacementAug 2018
$10.9M

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