CorePower Magnetics
PrivateLast Round
Early Funding
Sep 17, 2026
Total Funding Raised
$39.75M
Momentum
Top 1%
of companies Caplight tracks
Company Overview
CorePower Magnetics operates in Energy & Sustainability and is based in Pittsburgh, Pennsylvania. Its latest recorded funding round was an Early Funding round in September 2026.
CorePower Magnetics is an advanced manufacturing company that produces high-performance magnetic components, including inductors, transformers, and motors, for the power electronics industry.
Sector
Energy & Sustainability
Verticals
Advanced Materials, Energy Storage, Smart Grid, Electric Vehicles
Business Model
B2B
Customer Profile
Hardware Sales, Services & Consulting
AI Layer
Non-AI
Historical Pricing
Historical view of private secondary pricing and transaction trends.
CorePower Magnetics Comparables
Compare CorePower Magnetics with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| CM Materials Inc. | 80% | |
| Spang & Company | 76% | |
| Micrometals, Inc. | 72% |
For institutional investors. Book with your work email.
CorePower Magnetics Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Early Funding | Sep 17, 2026 | ||||
| Series A | Nov 12, 2024 | ||||
| Grant | Oct 1, 2024 | ||||
| Grant | Nov 28, 2023 | ||||
| Grant | Nov 22, 2022 | ||||
Pre Seed | Sep 6, 2022 |
For institutional investors. Book with your work email.
Key People
Founding team and executive leadership
For institutional investors. Book with your work email.
CorePower Magnetics Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| United States Department of Energy's Vehicle Technologies Office | Grant |
| Engine Ventures | Early Funding |
| Volta Energy Technologies | Pre Seed |
| Innovation Incubator | Accelerator |
| Material Impact | Early Funding |
| Baruch Future Ventures | Early Funding |
| Innovation Works | Pre Seed |
For institutional investors. Book with your work email.
Market signals
Structured signals derived from secondary market and firmographic data.
- Sep 17, 2026
$11M raised led by Engine Ventures and Material Impact.
- Sep 11, 2026
Monthly visitors increased 177% MoM.
For institutional investors. Book with your work email.
Recent news
Latest coverage and updates
- hiresSep 22, 2026
CorePower Magnetics Inc. appointed Knud Philipp as Chief Commercial Officer, and he joined the company on Sep 21st '26.
- promotesSep 22, 2026
CorePower Magnetics Inc. promoted Matt Glodowski from President - Alloys & Materials to Chief Operating Officer, where he will lead the expansion of the company’s manufacturing organization.
- promotesSep 22, 2026
CorePower Magnetics Inc. promoted Matt Glodowski to Chief Operating Officer as it strengthens its leadership team for its next phase of growth.
- hiresSep 17, 2026
CorePower Magnetics Inc. adds Reed Sturtevant of Engine Ventures to its board.
- hiresSep 17, 2026
CorePower Magnetics Inc. adds Carmichael Roberts to its board alongside Reed Sturtevant.
For institutional investors. Book with your work email.
CorePower Magnetics Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
Book a demoFor institutional investors. Book with your work email.
Frequently Asked Questions
Common questions about CorePower Magnetics's valuation, stock price, and market status.
Is CorePower Magnetics a public or private company?
CorePower Magnetics is a private company.
What is the current stock price of CorePower Magnetics?
CorePower Magnetics is a private company, so its shares have no public market price. Caplight tracks CorePower Magnetics's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
How much is CorePower Magnetics worth (valuation)?
Valuation information for CorePower Magnetics is not publicly available.
Can I buy CorePower Magnetics stock?
CorePower Magnetics shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.
When was CorePower Magnetics's last funding round?
CorePower Magnetics's most recent funding round was Early Funding on September 17, 2026.
Who are the main investors in CorePower Magnetics?
Key investors in CorePower Magnetics include Engine Ventures, Volta Energy Technologies, Material Impact.
Will CorePower Magnetics IPO soon?
No public IPO plans have been announced for CorePower Magnetics.
How can I track CorePower Magnetics secondary market activity?
Caplight tracks bids, offers, and trades in CorePower Magnetics's shares on secondary markets.