TLDR:
- Uniqconn raised $7 million in a Series A round led by Doosan Investment Co.
- The South Korean system chip startup is developing high-speed data transmission solutions.
South Korea’s system semiconductor startup, Uniqconn, announced a successful Series A funding round of $7.24 million. The round was led by Doosan Investment Co., with participation from Hanwha Investment & Securities, SV Investment, and existing investor L&S Venture Capital. Uniqconn is focused on developing next-generation transmission solutions to replace traditional conductor-based connectors and cables, leveraging semiconductor integrated circuit design technology and electromagnetic wave-related technology. These solutions enable ultra-high-speed data transmission of over 10Gbps with excellent signal quality.
The company is accelerating preparations for mass production and has already collaborated with robotic arms, home appliances, and smartphone manufacturers. Uniqconn has conducted proof-of-concept projects with clients to address existing transmission line issues and has received requests for mass production from some customers. With the new investment, Uniqconn plans to focus on mass production and commercialization of its products to meet the increasing customer demand in the market.
