About TransPower
TransPower is a company based in Poway (United States) founded in 2010 by James Burns was acquired by Meritor in January 2020. TransPower has raised $3 million across 5 funding rounds from investors including DOE, Meritor and California Energy Commission. The company has 76 employees as of December 31, 2020. TransPower operates in a competitive market with competitors including A123 Systems, Powin Energy, VIA Motors, Cadenza Innovation and Hexagon Purus, among others.
- Headquarter Poway, United States
- Employees 76 as on 31 Dec, 2020
- Founders James Burns
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Sectors
Transportation, Automotive & LogisticsEnergy & Utilities
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- Legal Name Transportation Power Inc
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People of TransPower
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Funding Insights of TransPower
TransPower has successfully raised a total of $3M across 5 strategic funding rounds. 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 TransPower
TransPower has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include DOE, Meritor and California Energy Commission.
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Government agency focused on clean energy investments
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Transmission and braking components are manufactured for commercial vehicles.
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Energy sources and policies are managed by the DOE.
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Investor details for TransPower
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Investments & Acquisitions by TransPower
Investment portfolio details for TransPower
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Financial Statements - TransPower
Detailed financials for TransPower
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Transpower Comparisons
Peer comparison for TransPower
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Competitors of TransPower
TransPower 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 A123 Systems, Powin Energy, VIA Motors, Cadenza Innovation and Hexagon Purus, among others.
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Lithium-ion batteries for automotive and industrial uses are manufactured.
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Energy storage systems are provided for grid-level and behind-the-meter applications.
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Electric drive systems for commercial vehicles are provided.
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Lithium-ion battery systems for energy storage are developed.
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Hydrogen-based batteries and systems for electric vehicles are manufactured.
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Developer of powertrain system for multi-category vehicles
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Detailed competitors of TransPower
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Latest news on Transpower
Complete news archive for TransPower
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Frequently Asked Questions about TransPower
TransPower was founded in 2010 and raised its 1st funding round 3 years after it was founded.
TransPower is headquartered in Poway, United States. It is registered at Poway, California, United States.
TransPower is a funded company, having raised a total of $3M across 5 funding rounds to date.
As of Dec 31, 2020, the latest employee count at TransPower is 76.
TransPower was founded in 2010 and is based in Poway, United States. Electric drive systems for commercial vehicles, such as on-road trucks, school buses, transit buses, yard tractors, and heavy-duty applications, are developed. Battery energy storage systems are also produced. Fuel-cell hybrid systems are integrated with these electric drives to function as range extenders in the automotive sector.
TransPower's top competitors include A123 Systems, Powin Energy and Cadenza Innovation.
TransPower has 4 investors. Key investors include DOE, Meritor, California Energy Commission, and Mission Critical Electronics.