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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: $516.7M.
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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: $80.0M
Rough estimate of the amount of funding raised
Climate Investment
Climate Investment
Funding: $80.0M
Rough estimate of the amount of funding raised
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: $100.0M
Rough estimate of the amount of funding raised
SK
SK
Funding: $100.0M
Rough estimate of the amount of funding raised
This startup manufactures lithium-ion batteries using solvent-free electrode technology, which eliminates the need for solvent recovery and drying processes. By producing dry electrodes, the company reduces energy consumption in battery manufacturing while enabling faster charging and lower-cost batteries.
50+
3K+Approximate amount of employees
Funding: $73.8M
Rough estimate of the amount of funding raised
Mass. Manufacturing Innovation Initiative
Mass. Manufacturing Innovation Initiative
Funding: $73.8M
Rough estimate of the amount of funding raised
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: $250.2M
Rough estimate of the amount of funding raised
Funding: $250.2M
Rough estimate of the amount of funding raised
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: $7.5B
Rough estimate of the amount of funding raised
US Department of Energy
US Department of Energy
Funding: $7.5B
Rough estimate of the amount of funding raised
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: $9.6B
Rough estimate of the amount of funding raised
US Department of Energy
US Department of Energy
Funding: $9.6B
Rough estimate of the amount of funding raised
The startup manufactures electric vehicle charging platforms that integrate research and development, electrical construction, installation, and maintenance services. Their solution addresses the need for reliable and efficient EV charging infrastructure, providing customers with optimal service and comprehensive after-sales support.
25+
300+Approximate amount of employees
Funding: $143.7M
Rough estimate of the amount of funding raised
Funding: $143.7M
Rough estimate of the amount of funding raised
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: $56.8M
Rough estimate of the amount of funding raised
National Wealth Fund
National Wealth Fund
Funding: $56.8M
Rough estimate of the amount of funding raised
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: $85.1M
Rough estimate of the amount of funding raised
Wellington Management
Wellington Management
Funding: $85.1M
Rough estimate of the amount of funding raised
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: $85.7M
Rough estimate of the amount of funding raised
US Department of Energy
US Department of Energy
Funding: $85.7M
Rough estimate of the amount of funding raised
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: $100.0M
Rough estimate of the amount of funding raised
AonAtlas Credit Partners
AonAtlas Credit Partners
Funding: $100.0M
Rough estimate of the amount of funding raised
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: $55.4M
Rough estimate of the amount of funding raised
Funding: $55.4M
Rough estimate of the amount of funding raised
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: $89.9M
Rough estimate of the amount of funding raised
Wuhan Hi-tech Huizhi Capital
Wuhan Hi-tech Huizhi Capital
Funding: $89.9M
Rough estimate of the amount of funding raised
FREYR develops clean battery solutions and is acquiring Trina Solar's U.S. manufacturing assets to establish a domestic solar module production facility. This initiative aims to enhance energy transition efforts by increasing the availability of renewable energy technologies and reducing global emissions.
Funding: $114.8M
Rough estimate of the amount of funding raised
Funding: $114.8M
Rough estimate of the amount of funding raised
Wolfspeed provides silicon carbide (SiC) and gallium nitride (GaN) power and RF solutions that enhance energy efficiency and thermal performance in high-power applications. Their technology addresses the need for reliable and efficient power management in industries such as automotive, telecommunications, and renewable energy.
Funding: $200.0M
Rough estimate of the amount of funding raised
Funding: $200.0M
Rough estimate of the amount of funding raised
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: $754.0M
Rough estimate of the amount of funding raised
US Department of Energy
US Department of Energy
Funding: $754.0M
Rough estimate of the amount of funding raised
DeepDrive develops advanced electric drive systems for automotive applications. Their technology portfolio includes central drive units and in-wheel drive solutions for electric vehicles. The company focuses on integrated powertrain components to enhance electric vehicle performance and efficiency.
Funding: $58.9M
Rough estimate of the amount of funding raised
Leitmotif
Leitmotif
Funding: $58.9M
Rough estimate of the amount of funding raised
The startup has developed a non-thermal metal 3D printing technology that utilizes electroplating, eliminating the need for metal powders, vacuum chambers, and lasers. This process reduces manufacturing costs and enhances material quality while allowing for safe disposal of used salt cartridges.
Funding: $76.1M
Rough estimate of the amount of funding raised
New Enterprise Associates
New Enterprise Associates
Funding: $76.1M
Rough estimate of the amount of funding raised
The startup develops power semiconductor components, including low-voltage SGT-MOSFETs and high-voltage SJ-MOSFETs, for applications in high-speed rail, electric vehicles, and renewable energy systems. Their products enhance power management and motor control efficiency, addressing the industry's need for reliable and high-performance electronic solutions.
15+
200+Approximate amount of employees
Funding: $58.7M
Rough estimate of the amount of funding raised
AVIC CapitalShunxi Fund
AVIC CapitalShunxi Fund
Funding: $58.7M
Rough estimate of the amount of funding raised
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: $76.5M
Rough estimate of the amount of funding raised
Caffeinated Capital
Caffeinated Capital
Funding: $76.5M
Rough estimate of the amount of funding raised
Flux Marine designs and builds complete 100% electric outboard propulsion systems for the marine industry. They partner with hull manufacturers to integrate their technology into recreational and commercial vessels. This approach simplifies boat ownership and operation while delivering a more efficient and sustainable boating experience.
Funding: $66.1M
Rough estimate of the amount of funding raised
Ocean Zero
Ocean Zero
Funding: $66.1M
Rough estimate of the amount of funding raised
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: $235.9M
Rough estimate of the amount of funding raised
Wellington Management
Wellington Management
Funding: $235.9M
Rough estimate of the amount of funding raised
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: $57.1M
Rough estimate of the amount of funding raised
Funding: $57.1M
Rough estimate of the amount of funding raised
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: $118.5M
Rough estimate of the amount of funding raised
Three Hills Capital Partners
Three Hills Capital Partners
Funding: $118.5M
Rough estimate of the amount of funding raised
Grenergy develops energy-saving power management integrated circuits (ICs) that enhance the efficiency of AC/DC power supplies across various applications, including consumer electronics and electric vehicles. By optimizing power factor control and reducing energy consumption, Grenergy addresses the need for sustainable energy solutions in a rapidly evolving market.
Funding: $324.0M
Rough estimate of the amount of funding raised
Funding: $324.0M
Rough estimate of the amount of funding raised
Navitas Semiconductor develops GaN power integrated circuits (ICs) for power supply applications, providing efficient energy conversion for data centers, mobile devices, and electric vehicles. Their technology addresses the need for higher efficiency and reduced size in power systems, enabling a more sustainable energy future.
Funding: $92.0M
Rough estimate of the amount of funding raised
Funding: $92.0M
Rough estimate of the amount of funding raised
This startup manufactures solar devices that provide affordable, clean energy solutions, including home solar kits, solar-powered TVs, lamps, and mobile phone chargers. By enabling customers to purchase these solar gadgets on credit, the company addresses the lack of reliable energy access in underserved markets.
250+
2K+Approximate amount of employees
Funding: $55.6M
Rough estimate of the amount of funding raised
EDFI Management CompanyOikocredit International
EDFI Management CompanyOikocredit International
Funding: $55.6M
Rough estimate of the amount of funding raised
Enovix designs and manufactures high-energy-density lithium-ion batteries using a proprietary 3D cell architecture that enhances performance and safety. Their technology addresses the limitations of traditional battery designs, providing longer-lasting power for consumer electronics and electric vehicles.
Funding: $100.0M
Rough estimate of the amount of funding raised
Funding: $100.0M
Rough estimate of the amount of funding raised
Paragraf manufactures graphene-based electronic devices, including Graphene Field-Effect Transistors and Hall Sensors, using contamination-free direct deposition technology. These devices enhance molecule sensing accuracy and sensitivity in various applications, such as healthcare and cryogenics, while improving safety in electric vehicles through advanced magnetic field detection.
Funding: $114.1M
Rough estimate of the amount of funding raised
Future Fifty
Future Fifty
Funding: $114.1M
Rough estimate of the amount of funding raised
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: $50.0M
Rough estimate of the amount of funding raised
ING GroupInvestec
ING GroupInvestec
Funding: $50.0M
Rough estimate of the amount of funding raised
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: $227.7M
Rough estimate of the amount of funding raised
Future ShapeVertical Venture Partners
Future ShapeVertical Venture Partners
Funding: $227.7M
Rough estimate of the amount of funding raised
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: $362.0M
Rough estimate of the amount of funding raised
US Department of Energy
US Department of Energy
Funding: $362.0M
Rough estimate of the amount of funding raised
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: $60.0M
Rough estimate of the amount of funding raised
BGF VenturesParkwalk Advisors
BGF VenturesParkwalk Advisors
Funding: $60.0M
Rough estimate of the amount of funding raised
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: $62.5M
Rough estimate of the amount of funding raised
Funding: $62.5M
Rough estimate of the amount of funding raised
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: $90.3M
Rough estimate of the amount of funding raised
Funding: $90.3M
Rough estimate of the amount of funding raised
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: $175.0M
Rough estimate of the amount of funding raised
Gotion High-tech
Gotion High-tech
Funding: $175.0M
Rough estimate of the amount of funding raised
Solid Power develops all-solid-state battery cells that utilize a solid electrolyte to enhance energy density and safety compared to traditional lithium-ion batteries. This technology addresses the limitations of liquid electrolytes, such as flammability and lower energy efficiency, making it suitable for applications in electric vehicles and portable electronics.
Funding: $50.0M
Rough estimate of the amount of funding raised
US Department of Energy
US Department of Energy
Funding: $50.0M
Rough estimate of the amount of funding raised
LG Energy Solution specializes in providing advanced energy storage systems and battery technologies for various applications, including electric vehicles and renewable energy integration. Their solutions enhance energy efficiency and reliability while addressing the growing demand for sustainable energy sources.
Funding: $2.0B
Rough estimate of the amount of funding raised
Funding: $2.0B
Rough estimate of the amount of funding raised
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: $374.6M
Rough estimate of the amount of funding raised
Funding: $374.6M
Rough estimate of the amount of funding raised
This company develops a solid-state piezoMEMS silicon platform for consumer electronics. Their core products include MEMS micro speakers, acoustic vents, and micro cooling solutions for thermal management. These components enable thinner, lighter devices with enhanced audio clarity and reduced thermal throttling for Edge AI applications.
Funding: $79.9M
Rough estimate of the amount of funding raised
Yunhao Capital
Yunhao Capital
Funding: $79.9M
Rough estimate of the amount of funding raised
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: $70.8M
Rough estimate of the amount of funding raised
Volition Capital
Volition Capital
Funding: $70.8M
Rough estimate of the amount of funding raised
Instagrid develops portable battery systems that provide reliable, sustainable power without the noise and emissions associated with traditional generators. Their technology significantly reduces greenhouse gas emissions and lifetime costs, offering a cleaner and more efficient energy solution for industries with demanding power needs.
Funding: $137.3M
Rough estimate of the amount of funding raised
Teachers’ Venture Growth
Teachers’ Venture Growth
Funding: $137.3M
Rough estimate of the amount of funding raised
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: $91.9M
Rough estimate of the amount of funding raised
US Department of Energy
US Department of Energy
Funding: $91.9M
Rough estimate of the amount of funding raised
TRONY provides integrated thin-film photovoltaic (PV) solutions for low-power electronic products and IoT devices. Their technology offers a sustainable and cost-effective alternative to traditional batteries, enabling reliable energy harvesting for connected devices in various environments.
20+
50+Approximate amount of employees
Funding: $65.0M
Rough estimate of the amount of funding raised
Funding: $65.0M
Rough estimate of the amount of funding raised
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: $335.0M
Rough estimate of the amount of funding raised
Funding: $335.0M
Rough estimate of the amount of funding raised
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: $360.0M
Rough estimate of the amount of funding raised
Funding: $360.0M
Rough estimate of the amount of funding raised
Diamond Foundry produces single-crystal diamond wafers using proprietary reactor technology, enabling high-performance thermal management in applications such as AI, electric vehicles, and wireless communication. This technology addresses thermal limitations in electronics by providing components that are three times faster, six times smaller, and capable of operating three times farther than traditional materials.
Funding: $200.0M
Rough estimate of the amount of funding raised
Funding: $200.0M
Rough estimate of the amount of funding raised
Vention is a digital manufacturing automation platform that enables manufacturers to design, program, and order automated equipment through an integrated system that combines hardware and software. This platform reduces lead times to five days and offers a payback period of under one year by streamlining the automation process and minimizing manual tasks across production operations.
Funding: $152.6M
Rough estimate of the amount of funding raised
Georgian
Georgian
Funding: $152.6M
Rough estimate of the amount of funding raised
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: $106.0M
Rough estimate of the amount of funding raised
US Department of Energy
US Department of Energy
Funding: $106.0M
Rough estimate of the amount of funding raised
New Energy New York is establishing a battery research and development prototyping center to advance sustainable battery technologies and support the domestic supply chain for lithium-based batteries. The initiative addresses the urgent need for a skilled workforce and robust infrastructure to meet the growing demand for energy storage solutions in electric vehicles and grid applications.
Funding: $63.7M
Rough estimate of the amount of funding raised
U.S. Department of Commerce
U.S. Department of Commerce
Funding: $63.7M
Rough estimate of the amount of funding raised