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Newratek develops semiconductor systems for on-device AI and wireless connectivity.
Founded in 2014 and based in Seoul, South Korea, Newratek develops semiconductors for on-device AI and wireless connectivity. Its products include the NRC7292, a system-on-chip conforming to the IEEE 802.11ah Wi-Fi HaLow standard, and other chips for IoT, mobility, and robotics. In May 2026, it raised KRW 21.8 billion in pre-IPO funding co-led by KB Securities and LB Private Equity, with Nautic Capital Korea, Enlight Ventures, Within Investment, and returning investor SoluM participating.
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