Nowi
The business, the turning points, and the decisions behind them.
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Sections to complete：02 · 05
01 / WHAT IT BUILT
What the company did
Nowi was a Delft, Netherlands-based semiconductor startup founded in 2016 by Simon van der Jagt and Omar Link. It developed energy-harvesting power management ICs (PMICs) — chips that could use ambient sources of electricity such as light or vibrations as a power source, potentially eliminating the need for battery replacement in simple internet-connected devices and sensors. The startup held eight patents. On November 11, 2022, it was acquired by Nijmegen-based semiconductor manufacturer Nexperia for an undisclosed sum; the Dutch government retroactively reviewed the deal in 2023 and in November 2023 ruled it not a national security threat and would not block it.
02 / FAILURE REASONS
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03 / EVENT HISTORY
Events in the structured record
- Founded
Simon van der Jagt and Omar Link founded Nowi in Delft, the Netherlands, to build energy-harvesting power management chips that could free IoT devices from batteries.
- Acquired by Nexperia
Nexperia announced the acquisition of Nowi on November 11, 2022 (undisclosed sum) to broaden its power management portfolio with energy-harvesting solutions.
- Deal cleared
After a retroactive national-security review, the Dutch government ruled in November 2023 that there were no legal objections to Nexperia's acquisition of Nowi, deeming the technology not dual-use.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
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Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
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