Cointime

Newchip

company

About

Newchip is a global remote startup accelerator.

Highlights

Total Funding Amount
$7.64M
Funding Rounds
4
Investors
8
Investments
393
Lead Investments
8
Exits
4

Details

Last Funding Type
Seed
Last Funding Money Raised
$2M
Industries
Apps,Retail,Software
Founded date
Jun 16, 2016
Number Of Employee
101 - 250
Operating Status
Active
Legal Name
Newchip, Inc.
Also Known As
Newchip Accelerator
Investor Type
Accelerate,Entrepreneur Program,Fund of Funds,Incubator,Startup Competition,Venture Capital

Newchip is a global remote startup accelerator.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
4
$7.64M
Newchip has raised a total of $7.64M in funding over 2 rounds. Their latest funding was raised on Mar 25, 2019 from a Series A round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Mar 25, 2019 Series A $5M 3 — — Detail
Aug 31, 2018 Convertable Note — — — — Detail
Jun 21, 2018 Seed $2M 5 — — Detail
Jun 21, 2018 Equity Crowdfunding $647.91K — — — Detail

Investments

Number of Investments
Number of Lead Investments
393
8
Newchip has made 393 investments. Their most recent investment was on Dec 13, 2022, when Wosler Corp. raised 0.
Date Company Name
Round Money Raised Industry Lead Investor
Dec 13, 2022 Wosler Corp.
Grant — Health Care Yes
Aug 24, 2022 Memory Gardens
Non-Equity Assistant — Blockchain Yes
Jun 12, 2022 Narya Electric
Series Unknown — Electric Vehicle —
Dec 6, 2021 Gaia Learning
Non-Equity Assistant — Education Yes
Nov 1, 2021 Delyva
Non-Equity Assistant — E-Commerce —
Show More

Investors

Number of Lead Investors
Number of Investors
—
8
Newchip is funded by 8 investors. Alpha Square Group and Fenbushi Capital are the most recent investors.
Investor Name Lead Investor Funding Round
Alpha Square Group — Series A
Fenbushi Capital — Series A
Fundamental Labs — Series A
Yeoman's Capital — Seed
JadeValue — Seed
Polymath Network — Seed
Sputnik ATX — Seed
Youbi Capital — Seed

Employee Profiles

Number of Employee Profiles
28
Newchip has 28 current employee profiles, including Executive Mahesh Narayanan
Mahesh Narayanan
Executive
C. Aaron Sholtis
Employee
Marcos Larios
Employee
Show More

Exits

Newchip has had 4 exits. Newchip most notable exits include Edammo ,   FAC (Fund Admin Chain)

Date Company Name Exit Type Industry
Oct 18, 2022 Edammo M&A Analytics Detail
Mar 15, 2022 FAC (Fund Admin Chain) M&A Blockchain Detail
Feb 14, 2022 BizSecure M&A Cyber Security Detail
Feb 2, 2022 Digics, Inc. M&A Employee Benefits Detail
Cointime
Content
Company