About InductEV
InductEV is a company based in Malvern (United States) founded in 2011 was acquired by ElectReon in March 2026. InductEV has raised $32.91 million across 10 funding rounds from investors including Volvo Group, Electreon and The Martin Group. InductEV offers products and services including Wireless Chargers and InductAI Software. InductEV operates in a competitive market with competitors including WiTricity, Wiferion, Wireless Advanced Vehicle Electrification, Mojo Mobility and easE-Link, among others.
- Headquarter Malvern, United States
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Sectors
Transportation, Automotive & LogisticsEnergy & Utilities
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Momentum Dynamics Corporation
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$32.91 M (USD)
in 10 rounds
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Latest Funding Round
$8 M (USD), Debt – Conventional
Apr 11, 2022
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Investors
Volvo Group
& 2 more
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Employee Count
Not available
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Acquired by
ElectReon
(Mar 10, 2026)
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Products & Services of InductEV
InductEV offers a comprehensive portfolio of products and services, including Wireless Chargers and InductAI Software.
Devices for high-power wireless EV charging
Intelligent system for managing EV charging operations
People of InductEV
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Software Development Team
6 people
Product Management Team
2 people
Data Analysis and Operations Team
1 people
Human Resources and Administration
1 people
Controller Team
1 people
Administrative Team
1 people
Sales and Marketing
1 people
Leadership Team
1 people
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Funding Insights of InductEV
InductEV has successfully raised a total of $32.91M across 10 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $8 million completed in April 2022. 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.
Investors in InductEV
InductEV has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Volvo Group, Electreon and The Martin Group.
| Investor | Description | Founded Year | Domain | Location |
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Early stage capital and expertise are provided by The Martin Group.
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Brand of commercial vehicles
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Wireless charging technology for electric vehicles on roads is developed.
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Investor details for InductEV
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Investments & Acquisitions by InductEV
Investment portfolio details for InductEV
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Financial Statements - InductEV
Detailed financials for InductEV
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Inductev Comparisons
Peer comparison for InductEV
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Competitors of InductEV
InductEV 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 WiTricity, Wiferion, Wireless Advanced Vehicle Electrification, Mojo Mobility and easE-Link, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Magnetic resonance-based wireless charging for electric vehicles is developed.
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Wireless charging systems for electric vehicle stations are developed.
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Wireless EV charging station developers
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Near-field technology is employed for wireless mobile device charging.
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Conductive self-charging technology for electric vehicles is developed.
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Detailed competitors of InductEV
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Latest news on Inductev
Complete news archive for InductEV
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Frequently Asked Questions about InductEV
InductEV was founded in 2011.
InductEV is headquartered in Malvern, United States. It is registered at Malvern, Pennsylvania, United States.
Barry Libert is the current CEO of InductEV.
InductEV is a funded company, having raised a total of $32.91M across 10 funding rounds to date.
InductEV was founded in 2011 and is headquartered in Malvern, United States. Operations focus on the electric vehicle sector, where an AI-based platform is utilized to offer wireless charging technologies. Key components include in-ground chargers, on-vehicle receivers, and power cabinets. Services support infrastructure for efficient energy transfer in automotive applications across various regions.
InductEV's top competitors include Wiferion, Mojo Mobility and WiTricity.
InductEV offers Wireless Chargers and InductAI Software.
InductEV has 3 investors. Key investors include Volvo Group, Electreon, and The Martin Group.