About Atom Power
Atom Power is an Energy & Utilities company based in Charlotte (United States) founded in 2014, and was acquired by SK Energy in August 2022. Solid-state switching technology is developed for power distribution products. Atom Power has raised $20.79 million across 3 funding rounds from investors including ABB, Rockwell Automation and SK Energy. Atom Power offers products and services including Level 2 Chargers, Software, Level 2 Skids, and SiC Power Modules. Its focus areas include Energy Tech, Smart Grid, Grid Management and Fault Management. Its legal entity is Atom Power, Inc. Its competitors include Trayer and Athena Power.
Company details
Atom Power was founded in 2014 in Charlotte, United States, where solid-state switching technology is developed for commercial and industrial power distribution. Operations center on products like the ATOM Panel, which integrates circuit breakers into an intelligent network; the ATOM Switch, a digital circuit breaker for rapid response; and ATOM OS, used for remote control, parameter adjustments, and AI-based decisions in electrical systems.
Products & Services of Atom Power
Atom Power offers a comprehensive portfolio of products and services, including Level 2 Chargers, Software, Level 2 Skids, and SiC Power Modules.
Systems for reliable electric vehicle charging and energy management.
Cloud-based tools for overseeing EV charging infrastructure operations.
Pre-fabricated units for efficient EV charging setup and deployment.
Components enhancing circuit protection and energy efficiency in systems.
Apps and channels of Atom Power
its YouTube channel Atom Power Inc has 6 subscribers.
Funding Insights of Atom Power
Atom Power has successfully raised a total of $20.79M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $17.76 million completed in June 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $20.79M
- Total Rounds 3
- Last Round Series B — $17.76M
- Investors Count 5
All 3 funding rounds of Atom Power with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2020 | $17.76M | Series B | – | Rockwell Automation | |
| Oct 2017 | $3.03M | Series A | – | – | – |
| Feb 2017 | Series A | – | Next47 | – |
7 investors in total: 7 institutional.
Investors in Atom Power
Atom Power has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include ABB, Rockwell Automation and SK Energy.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity firm | valorep.com | Chicago, United States | ||
Technology and consumer sectors are targeted through private equity investments. | atreidesmgmt.com | Boston, United States | ||
Venture investments in systems, infrastructure, and applications for enterprise founders. | next47.com | |||
A South Korean conglomerate, SK Inc. is engaged in advanced materials, biotechnology, and digital solutions. | sk-inc.com | Seoul, South Korea | ||
Industrial automation and information systems are provided to global industries. | 1903 | rockwellautomation.com | Milwaukee, United States | |
ABB Group is engaged in industrial automation and energy solutions. | 1988 | global.abb | United States | |
Oil and gas products are produced and distributed globally. | 2011 | skenergy.com | Seoul, South Korea |
Investor details for Atom Power
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People of Atom Power
3 people are tracked at Atom Power (2 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
Kash Sethi | Head Of Sales | Leadership |
Ryan Kennedy | Co-ceo | Leadership |
Shemariah P. | Sales Administrator | Team |
Complete people profiles for Atom Power
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Timeline of Atom Power
4 dated milestones of Atom Power across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Atom Power is founded.
- Funding First funding round.
- Funding Latest funding round, Series B, of $17.8M.
- Exit Acquired by SK Energy.
Competitors of Atom Power
Atom Power has 2 listed competitors in our database. They include Trayer and Athena Power.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| trayer.com | 1962 | San Francisco, United States | 42 | SCADA-based switchgears for distribution automation are manufactured by Trayer. | ||
| athena-power.com | 2013 | Mclean, United States | Underground electrical lines are monitored wirelessly by Athena Power. |
Detailed competitors of Atom Power
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Web traffic of Atom Power
The website of Atom Power (atompower.com) receives about 3.1K visits a month.
- Monthly visits3.1K
▲ 86.1% vs previous month
Websites whose visitors overlap most with Atom Power. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
powersystems.technology | powersystems.technology | 100% | #2,008,093 | – |
Top companies in Smart Grid & Transmission Systems
3 companies that operate in the same segment as Atom Power (Smart Grid & Transmission Systems) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Utility-scale renewable energy projects are developed by Enel X. | 2001 | Boston, Massachusetts, United States | USD 168.67 M | |||
AI and cloud-driven solutions for energy optimization are provided. | 2009 | Millbrae, California, United States | USD 228.56 M | USD 156.27 M | 569 | |
IoT-enabled distributed energy resource management solutions are provided. | 2011 | Redwood City, California, United States | USD 158.75 M | USD 2.47 M | 50 |
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Related news about Atom Power
Complete news archive for Atom Power
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Frequently Asked Questions about Atom Power
Atom Power was founded in 2014 and raised its 1st funding round 3 years after it was founded.
Atom Power is headquartered in Charlotte, United States. It is registered at Charlotte, North Carolina, United States.
Atom Power is a funded company, having raised a total of $20.79M across 3 funding rounds to date.
Atom Power was founded in 2014 in Charlotte, United States, where solid-state switching technology is developed for commercial and industrial power distribution. Operations center on products like the ATOM Panel, which integrates circuit breakers into an intelligent network; the ATOM Switch, a digital circuit breaker for rapid response; and ATOM OS, used for remote control, parameter adjustments, and AI-based decisions in electrical systems.
Atom Power's top competitors include Trayer and Athena Power.
Atom Power offers Level 2 Chargers, Software, Level 2 Skids, and SiC Power Modules.
Atom Power has 7 investors. Key investors include ABB, Rockwell Automation, SK Energy, Valor Equity Partners, and Atreides Management.
Atom Power operates through Atom Power, Inc..
Yes. Atom Power was acquired by SK Energy in August 2022.