About Micro Power
Micro Power is a company based in Beaverton (United States) founded in 1998 was acquired by Electrochem Solutions in December 2011.. Micro Power has raised $14 million across 2 funding rounds from investors including SVB, Electrochem Solutions and Palisades Growth Capital. Micro Power has completed 1 acquisition, including SelfCHARGE. Micro Power operates in a competitive market with competitors including 24m Technologies, Enovix, QuantumScape, Farasis Energy and Amprius Technologies, among others.
- Headquarter Beaverton, United States
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
- Legal Name Micro Power Electronics, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$14 M (USD)
in 2 rounds
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Latest Funding Round
$5 M (USD), Series A
Oct 26, 2004
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Investors
SVB
& 4 more
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Employee Count
Employee Count
- Investments & Acquisitions
- Acquired by
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Funding Insights of Micro Power
Micro Power has successfully raised a total of $14M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $5 million completed in October 2004. 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 2
- Last Round Series A — $5.0M
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First Round
First Round
(10 May 2004)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2004 | Amount | Series A - Micro Power | Valuation |
investors |
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| May, 2004 | Amount | Series A - Micro Power | Valuation |
investors |
| 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 Micro Power
Micro Power has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include SVB, Electrochem Solutions and Palisades Growth Capital. 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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Founded Year | Domain | Location | |
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Early-stage venture capital investments in AI, healthcare, and enterprise technologies.
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Founded Year | Domain | Location | |
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Growth-stage companies are targeted for private equity investments.
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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 Micro Power
Micro Power has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include SelfCHARGE. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Portable power products are manufactured and supplied by SelfCHARGE.
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1996 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Micro 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 |
Micro Power Comparisons
Competitors of Micro Power
Micro 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 24m Technologies, Enovix, QuantumScape, Farasis Energy and Amprius Technologies, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Semi-solid lithium-ion batteries are developed to address manufacturing issues.
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| domain | founded_year | HQ Location |
Lithium-ion battery cells are developed with 3D silicon anode technology.
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| domain | founded_year | HQ Location |
Solid-state lithium-metal batteries are manufactured with anode-less cell design.
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| domain | founded_year | HQ Location |
Farasis Energy is engaged in sustainable energy solutions development.
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| domain | founded_year | HQ Location |
Silicon nanowire-based Li-Ion batteries are developed for high energy density.
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| domain | founded_year | HQ Location |
Lithium-ion batteries for electric vehicles are manufactured by Britishvolt.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about Micro Power
When was Micro Power founded?
Micro Power was founded in 1998 and raised its 1st funding round 6 years after it was founded.
Where is Micro Power located?
Micro Power is headquartered in Beaverton, United States. It is registered at Beaverton, Oregon, United States.
Is Micro Power a funded company?
Micro Power is a funded company, having raised a total of $14M across 2 funding rounds to date. The company's 1st funding round was a Series A of $9M, raised on May 10, 2004.
What does Micro Power do?
Micro Power was founded in 1998 and is headquartered in Beaverton, United States. Operations focus on the development and production of industrial Lithium-Ion battery systems, both on-board and off-board chargers, and advanced thermoelectric products. These solutions are targeted at industrial, wearable, and IoT sectors, supporting reliable power management needs across applications.
Who are the top competitors of Micro Power?
Micro Power's top competitors include 24m Technologies, Enovix and Farasis Energy.
How many acquisitions has Micro Power made?
Micro Power has made 1 acquisition, including SelfCHARGE.
Who are Micro Power's investors?
Micro Power has 5 investors. Key investors include SVB, Electrochem Solutions, Palisades Growth Capital, Sierra Ventures, and Weston Presidio.