CorePower Magnetics

Magnetic components for growing power loads

CorePower makes standard and custom inductors, transformers and motors for data centers, grid systems, electric vehicles and industrial equipment. Its components address power-electronics constraints such as heat, size and efficiency as electricity demand and electrification grow.

Materials and production under one roof

The company combines proprietary nanocrystalline and amorphous magnetic materials with in-house design and manufacturing, controlling production from alloy through finished component. It reports paid engagements with global enterprise customers and is expanding manufacturing capacity to serve larger deployments.

Funding history

1 round · 1 with disclosed amounts

Announced	Round	Amount	Investors
Sep 17, 2026	Financing	$10.6M	Engine Ventures — LeadMaterial Impact — LeadBaruch Future Ventures — ParticipantCarnegie Mellon Catalyst Fund — ParticipantEvergreen Climate Innovations — Participant