Where is Novachips located?

Novachips is headquartered in Seongnam-si, South Korea.

How many employees does Novachips have?

As of Aug 31, 2026, the latest employee count at Novachips is 14.

Where does Novachips rank among its competitors?

Novachips ranks 31st amongst 183 active competitors, of which 33 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was YMTC, which secured $220M in Apr, 2025.

Who are the top competitors of Novachips?

Novachips' top competitors include Micron, Pure Storage and Silk. Among them, YMTC secured the most recent funding round in April, 2025.

Novachips - 2026 Company Profile, Team, Funding & Competitors

Novachips is a funded company based in Seongnam-si (South Korea), founded in 2009. It operates as a Developer of flash based storage processors and drivers. The company has 183 active competitors, including 33 funded and 43 that have exited. Its top competitors include companies like Micron, Pure Storage and Silk.

Company Details

Novachips is a provider of flash-based storage processors and drivers. Its product Flash Storage Processor is a NAND Flash Memory with Toggle NAND and an end-to-end data protection. Additionally, it provides FLASH based SSD with PCIe and SATA interfaces, SSD controllers, HLSSD, Firmware, and HLNAND. Features include low latency, less data retention, firmware customization, AES encryption/fusing, and adaptive thermal protection. Its products have application in industries, consumer personal computers, military, and automotive industry. As of May 2018, the company has developed next-generation flash storage solution for data centers.

Website: www.novachips.com
Email ID: *****@novachips.com
Phone Number: +82 **********

Key Metrics

Founded Year

2009

Location

Seongnam-si, South Korea

Stage

Funding Raised

Investors

GU Equity Partners & 9 more

Ranked

31^st among 183 active competitors

Employee Count

14 as on Aug 31, 2026

Similar Companies

Micron & 201 more

View Novachips' full profile

Novachips is a funded company. Novachips has 10 institutional investors.

View details of Novachips's funding rounds and investors

Novachips' employee count trend

Novachips has 14 employees as of Aug 26. Here is Novachips's employee count trend over the years:

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Top competitors of Novachips include Micron, Pure Storage and Silk. Here is the list of Top 10 competitors of Novachips, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Micron 1978, Boise (United States), Public	Manufacturer of memory and storage solutions for various applications	$1.3B	Alcor Fund, Bondeinvest.com & 3 others	78/100
2nd	Pure Storage 2009, Mountain View (United States), Public	Provider of data storage platforms and subscription services	$529M	T. Rowe Price, Greylock Partners & 19 others	77/100
3rd	Silk 2008, Needham (United States), Series G	Cloud-based database performance optimization platform provider	$263M	Sequoia Capital, Tenaya Capital & 23 others	64/100
4th	Everspin 2008, Chandler (United States), Public	Manufacturer of magnetoresistive random-access memory (MRAM) solutions. It designs, manufactures, and ships discrete and embedded MRAM and STT-MRAM products. These memory solutions are used in applications requiring data persistence, integrity, low latency, and security. The company's MRAM products are utilized across various markets including data centers, cloud storage, energy, industrial, automotive, and transportation sectors. It possesses a significant intellectual property portfolio and utilizes advanced manufacturing processes. The company offers both in-plane and perpendicular magnetic tunnel junction (MTJ) STT-MRAM bit cells.	$68.5M	EPIC Ventures, Western Digital Cptl & 11 others	63/100
5th	YMTC 2016, Wuhan (China), Series D	Manufacturer of non-volatile memory ICs	$220M	Xiamen Juda Trading, Quanhong Investment & 6 others	62/100
6th	Adesto 2007, Sunnyvale (United States), Acquired	Low power CBRAM for IoT, health	$75M	Adams Street Partners, Applied Materials & 8 others	60/100
7th	ScaleFlux 2014, San Jose (United States), Series C	Enterprise NAND flash based storage solutions provider	$65.9M	CRCM Ventures, Shunwei Capital & 16 others	58/100
8th	Silicon Storage Technology 1989, Sunnyvale (United States), Acquired	Innovator of SuperFlash® and memBrain™ memory technology for diverse applications	$58.4M	-	55/100
9th	Floadia 2011, Kodaira (Japan), Series D	Develops embedded non-volatile memory IP products	$14.1M	Teijin, Venture Laboratory Investment & 16 others	55/100
10th	Longsys 1999, Shenzhen (China), Public	Develops NAND flash-based memory products	-	Shenzhen Hongtai Fund Investment Management	55/100
31st	Novachips 2009, Seongnam-si (South Korea), Funding Raised	Developer of flash based storage processors and drivers	-	GU Equity Partners, Kolon Investments & 8 others	47/100