Current Ways
Latest round
- Seed
Last raised
- Jul 2019
Total raised
- $3M
Investors
- 1
About Current Ways
Current Ways Inc.Founded in 2019, Current Ways Inc. is located in Santee, US, and focuses on providing advanced power electronics.Current Ways specializes in advanced power electronics, offering a range of innovative products designed for efficient energy management in electric vehicles and stationary applications. Their flagship product, the Current Ways Universal Bidirectional Isolated Converter (CWUBIC), enables bi-directional onboard charging, allowing electric vehicles to not only charge but also supply power back to the grid. This technology is particularly beneficial for applications like electric tractors and school buses, which have been utilized in vehicle-to-grid (V2G) and vehicle-to-load (V2L) demonstrations. The company's solutions cater to diverse markets, including North America and Europe, with clients such as Monarch Tractor, Lion Electric, and ConEdison.Current Ways generates revenue through direct sales of their power electronics products, focusing on business-to-business transactions. The company partners with original equipment manufacturers and utility companies, offering customized solutions that meet specific customer needs. Clients may purchase products such as the CWUBIC and onboard chargers, structured under various pricing models reflecting the complexity and customization of the solutions provided. Revenue streams may also include ongoing support and maintenance services for their systems, integral to ensuring optimal performance.Current Ways Inc. The company is actively developing new products aimed at enhancing energy management capabilities, with expected launches within the next year. They are also looking to penetrate additional markets in North America and Europe, targeting specific sectors such as utility companies and electric vehicle manufacturers by 2025.
Who invested in Current Ways
1 investor across 1 round
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Funding rounds
Seed
Jul 2, 2019
Amount
$3M
Investors
Questions about Current Ways
Who invested in Current Ways?
Current Ways 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 Current Ways raised?
Current Ways has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Current Ways last raise money?
Current Ways's most recent round on record is a Seed, in Jul 2019.
What does Current Ways do?
Current Ways is a energy storage & batteries company.
Where is Current Ways headquartered?
Current Ways is headquartered in Santee, US.
Which VCs invest in companies like Current Ways?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back energy storage & batteries companies at Current Ways's stage. Their profiles are linked below.
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