SuperPower

United States Founded: 2000 • Age: 26 yrs Acquired By Furukawa Electric
High-temperature superconducting wire is manufactured for various industries.

About SuperPower

SuperPower is a company based in United States founded in 2000 was acquired by Furukawa Electric in February 2012.. SuperPower offers products and services including 2G-HTS Wires. SuperPower operates in a competitive market with competitors including Superconductor Technologies, SuNam, Ceramic Powder Technology, CAN SUPERCONDUCTORS and Western Superconducting Technologies, among others.

  • Headquarter United States
  • Sectors
    Chemicals & Materials
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Superpower Inc.
Operational Areas
Chemicals & Materials → Advanced & Functional Materials
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $7.27 M (USD), Grant

    Feb 02, 2010

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Furukawa Electric

    (Feb 03, 2012)

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Products & Services of SuperPower

SuperPower offers a comprehensive portfolio of products and services, including 2G-HTS Wires. 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.

Primary

Wires for zero-resistance current in energy and technology applications.

People of SuperPower
Headcount 50-200
Employee Profiles 5
Employee Profiles
People
Toru Fukushima
CEO & President
People
Drew W. Hazelton
Excutive Technical Advisor
People
Yifei Zhang
VP, R&D
People
Gene Carota
VP, Manufacturing & Engineering

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Funding Insights of SuperPower

  • Total Funding
  • Total Rounds 6
  • Last Round Grant — $7.3M
  • First Round

    (14 Nov 2003)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2010 Amount Grant - SuperPower Valuation

investors

Jul, 2009 Amount Grant - SuperPower Valuation

investors

Jul, 2009 Amount Grant - SuperPower Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in SuperPower

SuperPower has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Furukawa Electric and OSTI.GOV. 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.

All
Institutional
Investor Description Founded Year Domain Location
Scientific and technical information is managed and disseminated by OSTI.GOV.
Founded Year Domain Location
Manufacturer and supplier of major auto components
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by SuperPower

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - SuperPower

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Superpower Comparisons

Employees
+
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Competitors of SuperPower

SuperPower 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 Superconductor Technologies, SuNam, Ceramic Powder Technology, CAN SUPERCONDUCTORS and Western Superconducting 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
High-temperature superconducting materials and cryogenics are developed.
domain founded_year HQ Location
Environment-friendly superconducting wires are manufactured for energy efficiency.
domain founded_year HQ Location
Multi-component ceramic oxides are developed and manufactured via spray pyrolysis.
domain founded_year HQ Location
Produces high-quality high-temperature superconductors for advanced applications.
domain founded_year HQ Location
Serves as a research and development center for titanium-based materials.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Superpower

Frequently Asked Questions about SuperPower

When was SuperPower founded?

SuperPower was founded in 2000 and raised its 1st funding round 3 years after it was founded.

Where is SuperPower located?

SuperPower is headquartered in United States.

Who is the current CEO of SuperPower?

Toru Fukushima is the current CEO of SuperPower.

What does SuperPower do?

High-temperature superconducting wire, including 2G HTS types, is produced by SuperPower, along with related components and devices. Operations focus on superconductors for low- and high-temperature applications in sectors such as energy, research, healthcare, transportation, and military. The company was founded in 2000 and acquired by Furukawa Electric that March. Based in the United States, its products support diverse industrial and scientific needs.

Who are the top competitors of SuperPower?

SuperPower's top competitors include Superconductor Technologies, Ceramic Powder Technology and SuNam.

What products or services does SuperPower offer?

SuperPower offers 2G-HTS Wires.

Who are SuperPower's investors?

SuperPower has 2 investors. Key investors include Furukawa Electric, and OSTI.GOV.

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