CorePower Magnetics
Latest round
- Seed
Last raised
- Feb 2022
Total raised
- $0.5M
Investors
- 1
About CorePower Magnetics
Based in Pennsylvania, US, and founded in 2020, CorePower Magnetics, Inc. operates as a provider of soft magnetic solutions for electric vehicles and the power grid. The soft magnetic solution technology was invented at Carnegie Mellon University and the National Energy Technology Laboratory. In September 2026, CorePower Magnetics, Inc. The company provides power electronics components such as inductors, motors, and transformers, that contains proprietary magnetic cores, intended to function with greater temperature stability in compact, lighter packaging. These components support the electrification of transportation, enhanced energy efficiency, and grid modernization while reducing weight, volume, and losses by up to 10 times, 5 times, and 50%, respectively without the need for rare earth metals.
Who invested in CorePower Magnetics
1 investor across 1 round
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Funding rounds
Seed
Feb 10, 2022
Amount
$0.5M
Investors
Questions about CorePower Magnetics
Who invested in CorePower Magnetics?
CorePower Magnetics has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has CorePower Magnetics raised?
CorePower Magnetics has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did CorePower Magnetics last raise money?
CorePower Magnetics's most recent round on record is a Seed, in Feb 2022.
What does CorePower Magnetics do?
Based in Pennsylvania, US, and founded in 2020, CorePower Magnetics, Inc.
Where is CorePower Magnetics headquartered?
CorePower Magnetics is headquartered in Pittsburgh, US.
Which VCs invest in companies like CorePower Magnetics?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back electronics companies at CorePower Magnetics's stage. Their profiles are linked below.
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