When was Crocus Technology founded?

Crocus Technology was founded in 2004 and raised its 1st funding round 2 years after it was founded.

Where is Crocus Technology located?

Crocus Technology is headquartered in Santa Clara, United States.

How many employees does Crocus Technology have?

As of Jul 01, 2024, the latest employee count at Crocus Technology is 80.

Is Crocus Technology a funded company?

Crocus Technology is a funded company, having raised a total of $106M across 8 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Jun 16, 2006.

When was the latest funding round of Crocus Technology?

Crocus Technology's latest funding was a $***** Series F round on Apr 25, 2018, with participation from 0 investor. Its primary sector is Sensors. In United States, the Sensors sector has seen $122M in funding in 2026 to date.

Where does Crocus Technology rank among its competitors?

Crocus Technology ranks 6th amongst 75 active competitors, of which 13 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Micromem Inc, which secured $17.7K in Jun, 2026.

Who are the top competitors of Crocus Technology?

Crocus Technology's top competitors include Paragraf, Allegro MicroSystems and QuantumDiamonds. Among them, Micromem Inc secured the most recent funding round in June, 2026.

Crocus Technology - 2026 Company Profile, Team, Funding & Competitors

Crocus Technology is an acquired company based in Santa Clara (United States), founded in 2004 by Jacques Noels and Jean-Pierre Nozieres. It operates as an Innovating sensing and power solutions for a safer, sustainable future. Crocus Technology has raised $106M in funding from investors like NanoDimension, Idinvest Partners and Ventech China. The company has 75 active competitors, including 13 funded and 8 that have exited. Its top competitors include companies like Paragraf, Allegro MicroSystems and QuantumDiamonds.

Company Details

Innovating sensing and power solutions for a safer, sustainable future. The company is a global leader in power and sensing solutions, specializing in motion control and energy-efficient systems. They develop advanced semiconductor technology and application-specific algorithms, enabling advancements in mobility, green energy, and factory automation. Their core business involves designing, manufacturing, and marketing integrated circuits (ICs) and sensors. They offer a diverse product portfolio, including current sensors, position sensors, motor drivers, and regulators. These products cater to various applications in the automotive, industrial, energy, and consumer sectors. The company focuses on innovation, quality, and environmental responsibility, providing technology solutions that redefine sensing and power technologies.

Key Metrics

Founded Year

2004

Location

Santa Clara, United States

Stage

Acquired

Total Funding

$106M in 8 rounds

Latest Funding Round

Series F, Apr 25, 2018, $*****

Investors

NanoDimension & 13 more

Ranked

6^th among 75 active competitors

Employee Count

80 as on Jul 01, 2024

Similar Companies

Allegro MicroSystems & 44 more

Exit Details

Acquired by Allegro MicroSystems (Aug 10, 2023)

View Crocus Technology's full profile

Crocus Technology is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Crocus Technology International Corp. CIN: - , Belgium, Active	May 20, 2014	-	-	-

Crocus Technology got acquired by Allegro MicroSystems on Aug 10, 2023.

Click here to take a look at Crocus Technology's acquisition in detail

Crocus Technology has raised a total funding of $106M over 8 rounds. Its first funding round was on Jun 16, 2006. Crocus Technology has 14 institutional investors.

Here is the list of recent funding rounds of Crocus Technology:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 25, 2018	8656727	Series F	9351650	3646345	6119089	5686914
Apr 25, 2018	9179866	Conventional Debt	2335048	4661943	4033362	6905810
Jun 16, 2015	1664693	Series E	1756150	1568686	NanoDimension & 7 more	Ventech China

Access funding benchmarks and valuations. Sign up today!

View details of Crocus Technology's funding rounds and investors

The founders of Crocus Technology are Jacques Noels and Jean-Pierre Nozieres.

Here are the details of Crocus Technology's key team members:

Jacques Noels: Founder & BOD of Crocus Technology.
Jean-Pierre Nozieres: Former Founder & Ex-CTO of Crocus Technology.

View details of Crocus Technology's Founder profiles and Board Members

Crocus Technology's employee count trend

Crocus Technology has 80 employees as of Jul 24. Here is Crocus Technology's employee count trend over the years:

Employee count trend for Crocus Technology

Uncover Crocus Technology's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Crocus Technology include Paragraf, Allegro MicroSystems and QuantumDiamonds. Here is the list of Top 10 competitors of Crocus Technology, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Paragraf 2015, Somersham (United Kingdom), Series C	Provider of graphene-based magnetic sensors	$140M	Parkwalk, New Science Ventures & 16 others	63/100
2nd	Allegro MicroSystems 1990, Worcester (United States), Public	Manufacturer of magnetic sensors	$291M	Niobrara Capital, Boundary Free Ventures & 2 others	62/100
3rd	QuantumDiamonds 2021, Munich (Germany), Seed	Provider of diamond-based quantum technology	$3.28M	Earlybird, IQ Capital & 6 others	58/100
4th	SBQuantum 2018, Sherbrooke (Canada), Seed	Developer of quantum magnetometers and magnetic intelligence solutions for various industries	$4M	Quantonation, Quantacet & 3 others	56/100
5th	NVE Corporation 1989, Eden Prairie (United States), Public	Spintronics leader providing advanced sensors, isolators, and power ICs	-	Norwest, HHS & 1 others	49/100
6th	Crocus Technology 2004, Santa Clara (United States), Acquired	Innovating sensing and power solutions for a safer, sustainable future	$106M	Kreos Capital, Sofinnova Partners & 12 others	48/100
7th	Micromem Inc 1985, Toronto (Canada), Public	Developer of sensor-based solutions for multiple industries	-	-	47/100
8th	Standex Electronics 1969, Cincinnati (United States), Unfunded	Manufacturer of magnetic sensors, power magnetics, relays, reed switches, and hermetic connectors	-	-	45/100
9th	QST Corporation 2012, Shanghai (China), Series B	MEMS sensors focussed on magneto resistive technology	$49.3M	Runchenggr.com, GP Capital & 5 others	42/100
10th	MDT 2010, Zhangjiagang (China), Funding Raised	Manufacturer of temperature sensors, magnetic sensors, and encoders	-	Shanghai Changjiang Guohong Investment Management	42/100