Where is Novachips located?

Novachips is headquartered in Seongnam-si, South Korea.

How many employees does Novachips have?

As of May 31, 2026, the latest employee count at Novachips is 15.

Is Novachips a funded company?

Novachips is a funded company, having raised a total of $***** in its 1st and only funding round.

Where does Novachips rank among its competitors?

Novachips ranks 31st amongst 172 active competitors, of which 32 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 172 active competitors, including 32 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

Atinum Investment & 8 more

Ranked

31^st among 172 active competitors

Employee Count

15 as on May 31, 2026

Similar Companies

Micron & 195 more

View Novachips' full profile

Novachips is a funded company. Novachips has 9 institutional investors.

View details of Novachips's funding rounds and investors

Novachips' employee count trend

Novachips has 15 employees as of May 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 & 2 others	80/100
2nd	Pure Storage 2009, Mountain View (United States), Public	Provider of data storage platforms and subscription services	$529M	Index Ventures, T. Rowe Price & 18 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	Western Digital Cptl, GF & 11 others	63/100
5th	ScaleFlux 2014, San Jose (United States), Series C	Enterprise NAND flash based storage solutions provider	$65.9M	Shunwei Capital, CRCM Ventures & 16 others	63/100
6th	YMTC 2016, Wuhan (China), Series D	Manufacturer of non-volatile memory ICs	$220M	Xiamen Juda Trading, Quanhong Investment & 6 others	61/100
7th	Adesto 2007, Sunnyvale (United States), Acquired	Low power CBRAM for IoT, health	$75M	Adams Street Partners, Applied Materials & 8 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, SBI Investment & 15 others	54/100
10th	Nimble Storage 2007, Houston (United States), Acquired	Primary Storage,Backup,Disaster Recovery	$98.8M	Sequoia Capital, Lightspeed Venture Partners ... & 8 others	54/100
31st	Novachips 2009, Seongnam-si (South Korea), Funding Raised	Developer of flash based storage processors and drivers	-	Atinum Investment, Kolon Investments & 7 others	46/100