CorePower Magnetics: Funding, Investors & Team (Sep 2026)
the provision of cutting-edge, power-dense, efficient magnetics based on amorphous and nanocrystalline materials and sophisticated manufacturing decreases in weight of up to 10x Volume reductions of up to 5x loss decrease of up to two times No need for rare earths compared to powder cores that are available for purchase
CorePower Magnetics has raised $27.4M across 3 funding rounds on record, the most recent an undisclosed round of $20.0M announced in Nov 2023.
That round is above the $7.5M median round size for Consumer Electronics companies tracked on FundedIQ over the last two years.
CorePower Magnetics Company Profile and Key Stats
Latest funding round on record: Nov 2023.
CorePower Magnetics Funding Rounds
CorePower Magnetics raised $2.4M in a Debt Financing announced in Aug 2022.
3 months later, an undisclosed round of $5.0M was announced in Nov 2022.
1 years later, an undisclosed round of $20.0M was announced in Nov 2023.
CorePower Magnetics Founders and Leadership Team
Contact details for the CorePower Magnetics team: 1 of 2 have an email address on file.
Start 14-day free trial →CorePower Magnetics Funding Compared to Other Consumer Electronics Startups
CorePower Magnetics' latest round of $20.0M is above the median round in Consumer Electronics. Medians cover the last 24 months of disclosed rounds.
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CorePower Magnetics Funding FAQs
What does CorePower Magnetics do?
the provision of cutting-edge, power-dense, efficient magnetics based on amorphous and nanocrystalline materials and sophisticated manufacturing decreases in weight of up to 10x Volume reductions of up to 5x loss decrease of up to two times No need for rare earths compared to powder cores that are available for purchase
How much funding has CorePower Magnetics raised?
CorePower Magnetics has raised $27.4M across 3 rounds on record. The most recent is an undisclosed round of $20.0M announced in Nov 2023.
When did CorePower Magnetics last raise funding?
CorePower Magnetics' most recent funding round on record is an undisclosed round of $20.0M, announced in Nov 2023.
Who founded CorePower Magnetics?
FundedIQ lists Leah Ohodnicki (Founder) at CorePower Magnetics.
Who is the CEO of CorePower Magnetics?
Samuel Kernion is listed as CEO at CorePower Magnetics.
Where is CorePower Magnetics headquartered?
CorePower Magnetics is based in Pittsburgh, Pennsylvania, United States.
How many employees does CorePower Magnetics have?
CorePower Magnetics is in the 1-10 employee band.
How does CorePower Magnetics' funding compare to other Consumer Electronics startups?
CorePower Magnetics' latest round of $20.0M is above the $7.5M median round size for Consumer Electronics companies on FundedIQ across 1,547 tracked companies over the last two years.
About FundedIQ's CorePower Magnetics Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for CorePower Magnetics is left off this page rather than filled in.
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