CorePower Magnetics
CorePower manufactures high-performance inductors, transformers and motors from proprietary magnetic materials for power-electronics applications.
$10.6MFinancing
LeadEV
Engine Ventures
engineventures.com ↗Activity from announced rounds
Activity in this selectionOct 24, 2026 · Hardware · Jan 1, 2026
A venture firm backing Tough Tech companies that commercialise scientific and engineering advances.
Investment focus
Engine Ventures invests in Tough Tech: companies applying scientific and engineering breakthroughs to foundational industries. It provides capital, operating expertise and connections across academic, commercial and government networks as teams move from technical validation toward manufacturing and deployment.
Activity recorded on RoundOS
RoundOS records include Form Energy, Superlight, Foundation Alloy, CorePower Magnetics and Axiomatic AI. This published selection spans energy storage, commercial vehicles, materials, power components and scientific AI. It reflects the financing announcements in this database.
Sources
- Rounds participated in
- 5
- Confirmed lead rounds
- 1 4 roles undisclosed
- New companies
- 5 First participation on record · 0 follow-on
- Funding in participating rounds
- $131.6M 5 disclosed · full round size, not this investor’s share
By stage
By primary sector
By country
Rounds
5 in this selectionSuperlight
Manufactures commercial electric vehicles for middle mile logistics
$21MSeries A
Role not disclosedFoundation Alloy
Builds solid-state metallurgy platform producing engineered alloys for aerospace, defense, and industrial applications without melt-based processes
$22MSeries A
Role not disclosedAxiomatic AI
Builds the verification standard for engineering-focused artificial intelligence
$18MSeed
Role not disclosedDG Matrix
Provides solid-state transformer solutions for AI data centers and mass electrification
$60MSeries A
Role not disclosed