Fundraising Fox

Ferric

New York, US · Founded 2011 · Delaware corporation · 1 known investors

Ferric develops integrated voltage regulators and DC-DC power converters using CMOS-integrated thin-film ferromagnetic power inductor technology, delivering high current density and efficiency in compact single-chip packages. Its converters target computing and digital electronics applications such as AI hyperscalers and data centers.

Founders & leadership

Ferric was founded in 2011 by Noah Sturcken and Kenneth Shepard.

NS
Noah SturckeninCo-founder · President & Chief Executive Officer
KSKenneth Shepard
Kenneth ShepardinCo-founder · Chairman of the Board
MA
Maurizio ArienzoinPresident and Chief Executive Officer

Board

SSSomu Subramaniam
Somu SubramaniaminBoard directorManaging Partner at NSV
YC
Yi CheninBoard Member
AK
Alex KalnitskyBoard director
LP
Lawrence PileggiBoard director
VM
Vivek MohindraBoard director

Investors · 1

Reported raises · per SEC filings

Form D private placements

$40.6M disclosed across 4 rounds · 2014–2024

$32.1MraisedDec 2024 · 8 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Noah SturckenExecutive Officer, Director
  • Kenneth ShepardDirector
  • Lawrence PileggiDirector
  • Somu SubramaniamDirector
  • Yi ChenDirector
  • Alex KalnitskyDirector
Offering amount
$50.9M
Amount sold
$32.1M
First sale
Nov 2024
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$5MraisedJul 2017 · 2 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • THOMAS DEITRICHDirector
  • VIVEK MOHINDRADirector
  • KENNETH SHEPARDExecutive Officer, Director
  • NOAH STURCKENExecutive Officer, Director
  • LAWRENCE PILEGGIDirector
Offering amount
$5M
Amount sold
$5M
Proceeds to insiders
$200K
First sale
Jul 2017
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$3MraisedJan 2016 · 2 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Kenneth ShepardExecutive Officer, Director
  • Lawrence PileggiDirector
  • Vivek MohindraDirector
  • Noah Andrew SturckenExecutive Officer, Director
Offering amount
$3M
Amount sold
$3M
Proceeds to insiders
$200K
First sale
Dec 2015
Incorporated
Corporation, Delaware, 2011
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$500KraisedMar 2014 · 3 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Lawrence PileggiDirector
  • Maurizio ArienzoExecutive Officer, Director
  • Noah SturckenExecutive Officer
  • Kenneth ShepardExecutive Officer, Director
  • Vivek MohindraDirector
Offering amount
$500K
Amount sold
$500K
Proceeds to insiders
$250K
First sale
Mar 2014
Incorporated
Corporation, Delaware, 2011
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Non-dilutive funding · 6 SBIR/STTR awards

Federal grants — no equity taken
AgencyPhaseYearAmount
U.S. Air ForceAir ForcePhase II2019$1.5M
Defense Advanced Research Projects Agency (DARPA)Defense Advanced Research Projects AgencyPhase II2017$500K
Department of EnergyPhase II2014$1M
National Science FoundationPhase II2013$750K
Department of EnergyPhase I2013$150K
National Science FoundationPhase I2012$150K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

In the news

Frequently asked questions

What does Ferric do?
Ferric develops integrated voltage regulators and DC-DC power converters using CMOS-integrated thin-film ferromagnetic power inductor technology, delivering high current density and efficiency in compact single-chip packages. Its converters target computing and digital electronics applications such as AI hyperscalers and data centers.
Who founded Ferric?
Ferric was founded by Noah Sturcken, Kenneth Shepard in 2011.
Who are Ferric's investors?
Ferric's investors include New Science Ventures.
How much funding has Ferric raised?
Ferric has disclosed $40.6M raised across 4 rounds.
Where is Ferric headquartered?
Ferric is headquartered in New York, US.