Nordic Power Converters
Latest round
- Seed
Last raised
- Sep 2015
Total raised
- $2M
Investors
- 1
About Nordic Power Converters
Established in 2014, Nordic Power Converters operates from its headquarters in Denmark, specializing in high-efficiency power conversion products. The company was co-founded by Mickey Madsen and Toke Andersen.Nordic Power Converters specializes in providing advanced power conversion solutions designed for various applications across multiple industries. Their core offerings include high-efficiency power converters that optimize energy use in commercial and industrial settings. These products convert input power into a desired output, enhancing energy efficiency and reducing costs for end-users.The company generates revenue through direct sales of its power conversion products and related services, primarily on a B2B basis, where clients purchase converters for system integration. Pricing varies based on specifications and capabilities, with arrangements for bulk purchases or long-term contracts available. Nordic Power Converters may also collaborate with distributors or wholesalers to extend market reach, providing tailored solutions to meet specific industry demands.Nordic Power Converters is focused on expanding its product offerings and entering new markets. The company aims to penetrate additional markets in Europe and North America by 2025, enhancing its product range and establishing strategic partnerships to bolster its market presence.
Who invested in Nordic Power Converters
1 investor across 1 round
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Funding rounds
Seed
Sep 25, 2015
Amount
$2M
Investors
Questions about Nordic Power Converters
Who invested in Nordic Power Converters?
Nordic Power Converters 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 Nordic Power Converters raised?
Nordic Power Converters has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Nordic Power Converters last raise money?
Nordic Power Converters's most recent round on record is a Seed, in Sep 2015.
What does Nordic Power Converters do?
Established in 2014, Nordic Power Converters operates from its headquarters in Denmark, specializing in high-efficiency power conversion products.
Where is Nordic Power Converters headquartered?
Nordic Power Converters is headquartered in Denmark.
Which VCs invest in companies like Nordic Power Converters?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Balderton Capital back electronics companies at Nordic Power Converters's stage. Their profiles are linked below.
VCs backing electronics startups at Seed
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