About Atom Power
Atom Power is a company based in Charlotte (United States) founded in 2014 was acquired by SK Energy in August 2022.. 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. Atom Power operates in a competitive market with competitors including Blixt, SCiBreak, Trayer, Fanox and GridON, among others.
- Headquarter Charlotte, United States
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Sectors
Energy & Utilities
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Email
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Phone
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Website
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Social
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- Legal Name Atom Power, Inc.
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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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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.
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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 Total Funding
- Total Rounds 3
- Last Round Series B — $17.8M
- First Round First Round
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2020 | Amount | Series B - Atom Power | Valuation | Rockwell Automation | |
| Oct, 2017 | Amount | Series A - Atom Power | Valuation |
investors |
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| Feb, 2017 | Amount | Series A - Atom Power | Valuation | Next47 |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Private equity firm
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Founded Year | Domain | Location | |
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Technology and consumer sectors are targeted through private equity investments.
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Founded Year | Domain | Location | |
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Venture investments in systems, infrastructure, and applications for enterprise founders.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Atom Power
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Atom Power
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Atom Power Comparisons
Competitors of Atom Power
Atom Power operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Blixt, SCiBreak, Trayer, Fanox and GridON, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Solid-state circuit breakers are developed for grid management applications.
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| domain | founded_year | HQ Location |
Ultra-fast circuit breakers are provided for fault current detection.
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| domain | founded_year | HQ Location |
SCADA-based switchgears for distribution automation are manufactured by Trayer.
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| domain | founded_year | HQ Location |
Self-powered relays for overcurrent and earth fault protection are manufactured.
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| domain | founded_year | HQ Location |
Grid reliability is enhanced by fault current limiter technology.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Atom Power
Frequently Asked Questions about Atom Power
When was Atom Power founded?
Atom Power was founded in 2014 and raised its 1st funding round 3 years after it was founded.
Where is Atom Power located?
Atom Power is headquartered in Charlotte, United States. It is registered at Charlotte, North Carolina, United States.
Is Atom Power a funded company?
Atom Power is a funded company, having raised a total of $20.79M across 3 funding rounds to date.
What does Atom Power do?
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.
Who are the top competitors of Atom Power?
What products or services does Atom Power offer?
Atom Power offers Level 2 Chargers, Software, Level 2 Skids, and SiC Power Modules.
Who are Atom Power's investors?
Atom Power has 7 investors. Key investors include ABB, Rockwell Automation, SK Energy, Valor Equity Partners, and Atreides Management.