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Top 50 Electrical Equipment Manufacturing - Late Stage
Discover the top 50 Electrical Equipment Manufacturing startups at Late Stage. Browse funding data, key metrics, and company insights. Average funding: $751.4M.
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Turntide Technologies
Turntide Technologies designs and manufactures high-efficiency electric motor systems and power electronics that achieve up to 95% peak motor efficiency, significantly reducing energy consumption in various applications. Their technology addresses the need for cleaner and more efficient electrification solutions across industries such as construction, agriculture, and transportation.
Funding: $50M+
Rough estimate of the amount of funding raised
Emotors
The startup manufactures electric motors for full-electric, plug-in hybrid, and mild-hybrid vehicles, utilizing energy from rechargeable batteries to deliver high-performance electric traction. Their technology enables automobile manufacturers to achieve lower emissions and improved driving performance, addressing the need for sustainable transportation solutions.
Funding: $200M+
Rough estimate of the amount of funding raised
XLCC
XLCC specializes in the manufacturing of high-voltage direct current (HVDC) subsea cables to facilitate the transmission of renewable energy across long distances. This technology addresses the need for efficient and sustainable connectivity in the growing global energy market.
Funding: $50M+
Rough estimate of the amount of funding raised
Amca
Amca designs and manufactures certified avionics, power‑electronics, hydraulic, pneumatic and electromechanical assemblies for commercial and defense aircraft OEMs. By integrating legacy suppliers and offering a unified parts portfolio with model‑based design, digital‑twin PLM and in‑house testing, it reduces lead times, ensures traceability and meets DO‑178C/DO‑254 and MIL‑STD‑810 standards.
Funding: $50M+
Rough estimate of the amount of funding raised
TS Conductor
TS Conductor manufactures Aluminum Encapsulated Carbon Core (AECC) conductors that enhance the ampacity of electric transmission and distribution systems while maintaining compatibility with traditional installation practices. This technology allows utilities to increase capacity without the need for costly infrastructure modifications, resulting in significant capital expenditure savings.
Funding: $50M+
Rough estimate of the amount of funding raised
Atom Power
Atom Power develops digital solid-state circuit breakers that utilize semiconductor technology to provide intelligent protection, visibility, and control for electrical systems. Their solutions enhance reliability and safety for sophisticated equipment across various sectors, including data centers and electric vehicle charging infrastructure.
Funding: $100M+
Rough estimate of the amount of funding raised
KORE Power
Kore Power manufactures scalable energy storage systems and battery cells for commercial, industrial, and grid-scale applications, addressing the need for reliable power solutions in the clean energy sector. Their technology supports electric vehicles and microgrid infrastructures, enhancing energy efficiency and sustainability while reducing reliance on fossil fuels.
Funding: $50M+
Rough estimate of the amount of funding raised
Evum Motors
Manufactures all-electric utility vehicles designed for rugged applications in industries such as agriculture, forestry, and municipal services. These vehicles combine a 1.2-ton payload capacity, all-wheel drive, and external power supply capabilities to provide a sustainable, cost-effective transport and energy solution for remote or off-grid operations.
Funding: $50M+
Rough estimate of the amount of funding raised
DeepDrive
DeepDrive designs and manufactures high-efficiency drive units for electric vehicles, utilizing advanced motor and power electronics technology to enhance energy conversion. This innovation addresses the challenge of limited range and performance in electric vehicles, enabling longer distances and improved acceleration.
Funding: $50M+
Rough estimate of the amount of funding raised
CelLink
CelLink provides large‑format flexible circuits that deliver thousands of amps through a thin, bendable substrate, integrating power bussing, voltage and temperature monitoring, and fusing into a single Current Collector Assembly+ (CCA+) module. The solution reduces harness weight to about 25 % and volume to 10 % of traditional round‑wire wiring, enabling compact power distribution for data‑center, high‑performance computing, and large‑scale battery applications. Integrated diagnostics support predictive maintenance and improve system reliability while lowering material costs.
Funding: $200M+
Rough estimate of the amount of funding raised
Zenobe Energy
Zenobe Energy manufactures large-scale battery storage systems that connect to the electricity grid, providing clean and affordable power for electric bus operators, utilities, and commercial businesses. The company also offers end-to-end electrification solutions for fleets, including charging infrastructure and second-life battery applications, to enhance energy efficiency and reduce operational costs.
Funding: $500M+
Rough estimate of the amount of funding raised
VAC Advanced Magnetic Solutions
VAC supplies engineered magnetic alloys and related components—including inductive cores, precision current sensors, and permanent‑magnet assemblies—for high‑efficiency electric drivetrain, aerospace, grid, and industrial automation systems. Its nanocrystalline and amorphous materials provide low core loss, high permeability, and robust thermal performance, helping OEMs reduce weight, increase power density, and extend component life. The company also offers custom alloy design and simulation‑driven validation to ensure seamless integration while complying with REACH, RoHS, and industry quality standards.
Funding: $200M+
Rough estimate of the amount of funding raised
Innoscience
Innoscience is an 8-inch Integrated Device Manufacturer (IDM) specializing in Gallium Nitride (GaN) technology for power electronics. The company provides high-efficiency semiconductor solutions that enhance energy performance and reduce size in applications such as electric vehicles and renewable energy systems.
Funding: $50M+
Rough estimate of the amount of funding raised
Dragonfly Energy
Dragonfly Energy produces LiFePO₄ battery packs and turnkey energy‑storage systems in North America using a proprietary dry‑electrode process that eliminates NMP solvent and PFAS, reducing factory footprint, energy use, and carbon emissions. The modular packs combine UL‑listed cylindrical cells, an advanced BMS with internal heating, and the Dragonfly IntelLigence communication protocol for real‑time telemetry and OEM integration. The company serves OEMs and system integrators in RV, heavy‑duty trucking, marine, industrial solar, and off‑grid power markets with customizable, chemistry‑agnostic solutions and private‑label manufacturing.
Funding: $50M+
Rough estimate of the amount of funding raised
Harbinger
Harbinger designs and manufactures specialized electric vehicle chassis and powertrains tailored for the commercial vehicle sector, featuring a service life of 450,000 miles and scalable battery solutions in 35kWh increments. The company addresses the need for durable, efficient, and environmentally friendly transportation options, enabling fleets to reduce emissions and meet sustainability goals.
Funding: $100M+
Rough estimate of the amount of funding raised
Allegro Microsystems
Allegro Microsystems manufactures precision regulators and magnetic sensors designed for motion control and energy efficiency in various applications. Their technology enhances system performance and reduces energy consumption, addressing the need for reliable and efficient control solutions in industrial and consumer electronics.
Funding: $500M+
Rough estimate of the amount of funding raised
StarPlus Energy
StarPlus Energy manufactures EV batteries. They focus on producing advanced battery cells and modules for electric vehicles, aiming to meet the growing demand in the automotive industry.
Funding: $1B+
Rough estimate of the amount of funding raised
Nexport
This startup manufactures electric passenger mobility vehicles designed for zero-emission transport in the Australian market. By leveraging a global supply chain and expertise in electric vehicle architecture and bus design, the company provides integrated technology solutions that enhance the efficiency and sustainability of urban transportation.
Funding: $50M+
Rough estimate of the amount of funding raised
Volta Trucks
The startup manufactures electric trucks powered by battery systems that produce zero tailpipe emissions, including CO2 and nitrogen oxides. These trucks significantly reduce air and noise pollution, providing a cleaner transportation solution for businesses and communities.
Funding: $200M+
Rough estimate of the amount of funding raised
Menlo Micro
The startup develops electromechanical switch technology that operates efficiently under high temperature and stress conditions, enhancing battery management, home automation, and medical instrumentation. Their products enable fast relaying switches that minimize energy loss while maximizing power delivery, addressing the need for energy-efficient solutions in demanding applications.
Funding: $200M+
Rough estimate of the amount of funding raised
XMC (World Class Semiconductor Manufacturing Company)
Xinxin Semiconductor manufactures LED display devices and power electronic components, utilizing advanced LED packaging technology to create energy-efficient lighting solutions. The company addresses the need for high-performance, environmentally friendly illumination in various applications, contributing to energy conservation and reduced carbon emissions.
Funding: $200M+
Rough estimate of the amount of funding raised
BlueOval SK
BlueOval SK manufactures high-capacity lithium-ion batteries for electric vehicles, focusing on safety and efficiency to enhance the performance of EVs. The company aims to establish a robust automotive manufacturing ecosystem that addresses the growing demand for sustainable transportation solutions in North America.
Funding: $1B+
Rough estimate of the amount of funding raised
Northvolt
Northvolt manufactures lithium-ion batteries using clean, renewable energy, achieving a 90% reduction in carbon emissions compared to traditional coal-powered production methods. The company addresses the need for sustainable energy storage solutions by recycling used batteries and minimizing the demand for new raw materials.
Funding: $1B+
Rough estimate of the amount of funding raised
iM3NY
iM3NY manufactures lithium-ion battery cells using proprietary phosphate-based chemistry that offers 10-20% better energy density than standard LFP cells while maintaining lower costs than NMC cells. The company addresses the need for sustainable energy solutions in electric vehicles and stationary energy storage by producing batteries with a significantly reduced carbon footprint at its Gigafactory in Endicott, NY.
Funding: $100M+
Rough estimate of the amount of funding raised
Tesla
Tesla manufactures electric vehicles and renewable energy solutions, utilizing lithium-ion battery technology and solar energy systems. The company provides sustainable transportation and energy alternatives to reduce greenhouse gas emissions and dependence on fossil fuels.
Funding: $500M+
Rough estimate of the amount of funding raised
SUPER73, Inc.
This startup manufactures electric bikes equipped with removable batteries that can be charged anywhere, eliminating the need for a license or registration. Their bikes provide urban riders with a convenient and safe transportation option, addressing the challenges of urban mobility and accessibility.
Funding: $50M+
Rough estimate of the amount of funding raised
Span
SPAN develops a smart electrical panel that provides real-time energy monitoring and control at the room and appliance level, enabling homeowners to optimize energy usage and reduce costs. The system integrates with existing home battery systems and electric vehicle chargers, addressing the need for efficient energy management in residential settings.
Funding: $200M+
Rough estimate of the amount of funding raised
Upstart Power
Upstart Power designs and manufactures solid oxide fuel cell systems, specifically the Upgen NXG, which provides on-demand energy for whole home electrification using readily available fuels like propane and natural gas. This technology addresses the challenges of grid outages and high utility costs by offering a reliable, efficient, and low-emission energy solution that enhances residential energy resilience.
Funding: $50M+
Rough estimate of the amount of funding raised
Voltera
The startup manufactures and operates strategically located electric vehicle charging facilities tailored for the transportation industry. These facilities enable the widespread deployment and efficient operation of electric vehicles by providing essential charging infrastructure.
Funding: $50M+
Rough estimate of the amount of funding raised
Flux Marine
Flux Marine designs and manufactures electric marine propulsion systems that enhance performance and efficiency for recreational boating. By partnering with leading hull manufacturers, they provide a sustainable alternative to traditional gas-powered engines, improving the overall boating experience while reducing environmental impact.
Funding: $50M+
Rough estimate of the amount of funding raised
InoBat
InoBat specializes in the research, development, and production of custom electric batteries tailored for automotive, commercial vehicle, motorsport, and aerospace applications, utilizing advanced battery chemistries and configurations. The company addresses the demand for high-performance, sustainable energy solutions in the European market by providing batteries that meet specific power, energy density, and lifecycle requirements.
Funding: $100M+
Rough estimate of the amount of funding raised
NOVONIX
NOVONIX manufactures high-performance anode and cathode materials for lithium-ion batteries, enhancing efficiency in electric vehicles and energy storage systems. The company also provides ultra-high precision testing equipment to evaluate battery performance, addressing the need for reliable and effective energy storage solutions.
Funding: $500M+
Rough estimate of the amount of funding raised
Euler Motors
Euler Motors designs and manufactures electric three- and four-wheel vehicles specifically for intra-city goods transportation, utilizing advanced battery technology and fast-charging capabilities to enhance operational efficiency. The company addresses the need for sustainable and cost-effective logistics solutions by providing high-load capacity vehicles that reduce reliance on fossil fuels and lower operational costs for businesses.
Funding: $50M+
Rough estimate of the amount of funding raised
Dreame Technology
Dreame Technology designs and manufactures high-performance hairdryers and vacuum cleaners utilizing advanced airflow and filtration technologies to enhance user experience and efficiency. The company addresses the need for effective personal care and home cleaning solutions that combine style with superior functionality.
Funding: $500M+
Rough estimate of the amount of funding raised
Electric Hydrogen
Electric Hydrogen manufactures and commissions 100MW electrolyzer plants that produce green hydrogen at a cost of $1/kg, making it economically viable for industries to transition from fossil fuels. By significantly reducing the production costs and installation timelines of electrolyzers, the company enables critical sectors like steel and chemicals to decarbonize efficiently.
Funding: $500M+
Rough estimate of the amount of funding raised
Renewco Power
This startup manufactures energy storage systems that enhance grid resilience and stabilize power loads from intermittent renewable sources. By enabling utility-scale renewable projects, their technology accelerates the transition to clean energy across Europe.
Funding: $50M+
Rough estimate of the amount of funding raised
NexGen Power Systems
NexGen Power Systems develops advanced power electronics solutions that enhance energy efficiency and reliability in various applications. Their technology addresses the inefficiencies in traditional power systems, enabling reduced energy consumption and lower operational costs for businesses.
Funding: $100M+
Rough estimate of the amount of funding raised
Natron Energy
Natron Energy manufactures sodium-ion batteries utilizing patented Prussian blue electrode chemistry, which enhances power density, recharging speed, and cycle life while ensuring safety and sustainability. These batteries provide a nonflammable, long-lasting alternative to lithium-ion solutions for critical power applications in data centers, industrial settings, and renewable energy systems.
Funding: $100M+
Rough estimate of the amount of funding raised
Anovion Technologies
Anovion Technologies manufactures synthetic graphite anode material for lithium-ion batteries using a high-temperature graphitization process that ensures low impurities and high crystallinity. This production capability addresses the critical need for a secure, domestic supply chain of battery materials in North America, supporting electric vehicle and aerospace applications.
Funding: $100M+
Rough estimate of the amount of funding raised
MECH-I-TRONIC
This company designs and builds custom automation systems for manufacturing, including assembly lines and plastic processing machinery. Their mechatronic solutions help manufacturers increase productivity, improve efficiency, and achieve greater precision in their operations.
Funding: $100M+
Rough estimate of the amount of funding raised
Xerotech
This startup manufactures thermal management systems specifically designed for off-highway vehicles, addressing the challenges of low-volume and high-diversity requirements faced by OEMs during electrification. Their platform offers thousands of pre-configured solutions that eliminate custom design costs and accelerate the transition to sustainable energy.
Funding: $50M+
Rough estimate of the amount of funding raised
Ohmium
Ohmium manufactures proton exchange membrane (PEM) electrolyzers that convert water and renewable energy into high-purity green hydrogen, addressing the need for sustainable energy solutions across various industries. Their modular systems enable scalable hydrogen production, enhancing operational efficiency and supporting decarbonization efforts in power, transportation, and industrial applications.
Funding: $200M+
Rough estimate of the amount of funding raised
Battolyser
Battolyser Systems produces a flexible electrolyser with integrated battery capacity that generates 100 green hydrogen by utilizing low-cost renewable energy and instantly switching between hydrogen production and electricity discharge. This technology addresses the challenge of high Levelized Cost of Hydrogen LCOH by enabling hydrogen production only when electricity prices are favorable, while also allowing for revenue generation through electricity trading.
Funding: $50M+
Rough estimate of the amount of funding raised
VEIR
VEIR is developing superconducting electric transmission lines that utilize a distributed, evaporative liquid nitrogen cooling system to achieve 5-10 times the transfer capacity of conventional lines. This technology increases grid capacity while minimizing siting and permitting challenges, addressing the urgent need for enhanced electricity transmission to support global decarbonization efforts.
Funding: $50M+
Rough estimate of the amount of funding raised
Type One Energy
Type One Energy Group develops stellarator fusion energy systems using high-field superconducting magnets and advanced manufacturing techniques to create a cost-competitive solution for clean energy generation. Their technology aims to provide a sustainable and abundant source of electricity, addressing the increasing global demand for reliable power while minimizing environmental impact.
Funding: $50M+
Rough estimate of the amount of funding raised
Cambridge GaN Devices
Cambridge GaN Devices develops enhancement-mode GaN transistors that operate with standard silicon gate drivers, eliminating the need for costly external driving interfaces. Their technology addresses the inefficiencies of traditional silicon devices by enabling higher switching frequencies and reducing energy losses by up to 50%, resulting in smaller and more efficient consumer electronics.
Funding: $50M+
Rough estimate of the amount of funding raised
Enoda
Enoda Ltd develops the Enoda PRIME® Exchanger and Enoda ENSEMBLE™ platform, which utilize dynamic power flow technology and distributed control protocols to enhance grid stability and capacity for renewable energy integration. The company addresses electricity system instability and facilitates the transition to net-zero by enabling self-balancing grids and efficient green hydrogen utilization.
Funding: $50M+
Rough estimate of the amount of funding raised
Electric Hydrogen
Electric Hydrogen builds large‑scale alkaline electrolyzer systems that convert electricity to hydrogen with over 80 % round‑trip efficiency at pressures up to 30 bar. The modular, 10 MW‑scalable hardware includes an integrated digital control platform for real‑time monitoring, predictive maintenance, and rapid integration with renewable power and existing hydrogen infrastructure. This turnkey solution lowers capital and operating costs for heavy‑industry and utility customers seeking to replace gray hydrogen with green production.
Funding: $100M+
Rough estimate of the amount of funding raised
Micron
Micron Technology manufactures DRAM, flash memory, and CMOS image sensors, providing essential components for data storage and processing in various electronic devices. Their products enhance performance and reliability in computing systems, addressing the growing demand for efficient memory solutions in an increasingly data-driven world.
Funding: $1B+
Rough estimate of the amount of funding raised
Echion Technologies
Echion Technologies produces XNO® niobium-based anode materials for lithium-ion batteries, enabling fast charging in under 10 minutes and a cycle life exceeding 10,000 cycles. This technology addresses the need for high energy density and safety in heavy-duty electric vehicles and industrial applications, significantly reducing total cost of ownership.
Funding: $50M+
Rough estimate of the amount of funding raised