When was Nexen Tire founded?

Nexen Tire was founded in 1942 and raised its 1st funding round 80 years after it was founded.

Where is Nexen Tire located?

Nexen Tire is headquartered in Yangsan si, South Korea. It is registered at Svadilov 165 66444 Ořechov.

How many employees does Nexen Tire have?

As of Apr 30, 2026, the latest employee count at Nexen Tire is 596.

Is Nexen Tire a funded company?

Nexen Tire is a funded company, having raised a total of $***** in its 1st and only funding round, a Grant (prize money) round on Dec 15, 2022.

When was the latest funding round of Nexen Tire?

Nexen Tire's latest funding was a $***** Grant (prize money) round on Dec 15, 2022, with participation from 1 investor.

Where does Nexen Tire rank among its competitors?

Nexen Tire ranks 40th amongst 776 active competitors, only 1 of which is funded. Nokian Tyres, which secured $109M in Aug, 2024.

Who are the top competitors of Nexen Tire?

Nexen Tire's top competitors include Michelin, Pirelli and Bridgestone. Among them, Nokian Tyres secured the most recent funding round in August, 2024.

Nexen Tire - 2026 Company Profile, Team, Funding & Competitors

Company Details

Website: www.nexentire.com
Social
Email ID: *****@nexentire.co.kr
Phone Number: +82 **********
Registered Address: Svadilov 165 66444 Ořechov

Key Metrics

Founded Year

1942

Location

Yangsan si, South Korea

Stage

Public

Latest Funding Round

Grant (prize money), Dec 15, 2022, $*****

Investors

Gov.cz

Ranked

40^th among 776 active competitors

Employee Count

596 as on Apr 30, 2026

Similar Companies

Michelin & 775 more

Exit Details

Public

View Nexen Tire's full profile

Nexen Tire is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
NEXEM TRADING, s.r.o. CIN: 07189435 , Czech Republic, Active	Jun 06, 2018	-	-

Nexen Tire got listed on May 19, 1976.

Click here to take a look at Nexen Tire's IPO in detail

Nexen Tire has raised funding over 1 round. Its latest funding round was a Grant (prize money) round on Dec 15, 2022 for $*****. 1 investor participated in its latest round. Nexen Tire has 1 institutional investor.

Here is the list of recent funding rounds of Nexen Tire:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 15, 2022	9442672	Grant (prize money)	9196826	4344778	9774331	9672719

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View details of Nexen Tire's funding rounds and investors

Nexen Tire's employee count trend

Nexen Tire has 596 employees as of Apr 26. Here is Nexen Tire's employee count trend over the years:

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Top competitors of Nexen Tire include Michelin, Pirelli and Bridgestone. Here is the list of Top 10 competitors of Nexen Tire, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Michelin 1889, Clermont Ferrand (France), Public	Manufacturer of composites	-	National Oceanic and Atmospheric Administration, Europa ... & 1 others	67/100
2nd	Pirelli 1872, Milan (Italy), Public	Manufacturer and supplier of tyres	-	Trilantic Europe, Trilantic Capital Partners ... & 6 others	66/100
3rd	Bridgestone 1931, Tokyo (Japan), Public	Manufacturer and supplier of tyres and tubes	-	Triodos Investment Management, DOE & 2 others	66/100
4th	Nokian Tyres 1898, Nokia (Finland), Public	Manufacturer and supplier of tyres	-	Solidium, Norvestia & 1 others	60/100
5th	Goodyear 1898, Akron (United States), Public	Manufacturer and supplier of tyres	-	Appaloosa Management, OSTI & 1 others	60/100
6th	Ceat Tyres 1958, Mumbai (India), Public	Manufacturer of tires for passenger & commercial vehicles	-	WestBridge Capital	59/100
7th	Multistrada 1988, Jakarta (Indonesia), Acquired	Provides distribution of tires, machinery, and spare parts.	-	George Investment Group, Northstar Group & 1 others	58/100
8th	JK Tyre 1951, Delhi (India), Public	Manufacturer of tyres for automobiles	-	IFC, Living Root & 1 others	56/100
9th	Brisa 1974, Istanbul (Turkey), Public	Manufacturer and supplier of tires	-	-	54/100
10th	Hankook Tire 1941, South Korea, Public	Manufacturer of tires for passenger vehicles, motorsport, and commercial use	-	-	54/100
40th	Nexen Tire 1942, Yangsan si (South Korea), Public	Manufacturer and supplier of tires to OEMs	-	Gov.cz	45/100