About Westinghouse Electric
Westinghouse Electric is a company based in United States founded in 1886 was acquired by Cameco in October 2022.. Westinghouse Electric has completed 7 acquisitions, including Carolina Energy Solutions, InCon and Laveer Engineering. Westinghouse Electric offers products and services including AP1000 PWR, AP300 SMR, and eVinci Microreactor. Westinghouse Electric operates in a competitive market with competitors including TerraPower, Newcleo, NuScale Power, Oklo and X Energy, among others.
- Headquarter United States
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
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Social
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- Legal Name Westinghouse Electric Company Llc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Gov.uk
& 9 more
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Employee Count
Employee Count
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Investments & Acquisitions
Carolina Energy Solutions
& 6 more
- Acquired by
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Products & Services of Westinghouse Electric
Westinghouse Electric offers a comprehensive portfolio of products and services, including AP1000 PWR, AP300 SMR, and eVinci Microreactor. 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.
Advanced pressurized water reactor for safe power generation.
Compact reactor for efficient and deployable energy needs.
Small-scale reactor for remote and decentralized applications.
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Leadership Team
67 people
Software Development Team
65 people
Operations Team
37 people
Human Resources and Administration
19 people
Product Management Team
19 people
Finance and Accounting
17 people
Senior Team
16 people
Sales and Marketing
16 people
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Funding Insights of Westinghouse Electric
- Total Funding Total Funding
- Total Rounds 23
- Last Round Last Round
- First Round First Round
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2022 | Amount | Grant - Westinghouse Electric | Valuation |
investors |
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| Sep, 2022 | Amount | Grant - Westinghouse Electric | Valuation |
investors |
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| Jun, 2022 | Amount | Grant - Westinghouse Electric | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Westinghouse Electric
Westinghouse Electric has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include Gov.uk, Toshiba and Cameco. 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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High-risk energy technologies are funded through competitive grants.
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Founded Year | Domain | Location | |
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Focus is placed on real estate and renewable energy investments.
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Founded Year | Domain | Location | |
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Online government services and information are provided to users.
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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 Westinghouse Electric
Westinghouse Electric has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include Carolina Energy Solutions, InCon and Laveer Engineering. 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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Provider of custom based control systems, inspection tooling, and other services
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2013 | ||||
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Provider of welding, machining, and metrology services
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1998 | ||||
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Instrumentation and control solutions are supplied for the nuclear industry.
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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 - Westinghouse Electric
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Westinghouse Electric Comparisons
Competitors of Westinghouse Electric
Westinghouse Electric 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 TerraPower, Newcleo, NuScale Power, Oklo and X Energy, 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 |
Advanced nuclear reactors are designed for low-carbon energy solutions.
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Advanced nuclear reactors are designed, built, and operated by Newcleo.
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| domain | founded_year | HQ Location |
Micro modular nuclear reactors are developed for scalable power generation.
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| domain | founded_year | HQ Location |
Small modular reactors are developed for advanced nuclear energy solutions.
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| domain | founded_year | HQ Location |
Small modular and high-temperature gas-cooled nuclear reactors are developed.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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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 Westinghouse Electric
Frequently Asked Questions about Westinghouse Electric
When was Westinghouse Electric founded?
Westinghouse Electric was founded in 1886 and raised its 1st funding round 119 years after it was founded.
Where is Westinghouse Electric located?
Westinghouse Electric is headquartered in United States.
Who is the current CEO of Westinghouse Electric?
Patrick Fragman is the current CEO of Westinghouse Electric.
What does Westinghouse Electric do?
Westinghouse Electric was founded in 1886 in the United States and operates within the nuclear energy sector. Focus is placed on the design and development of small modular reactors, alongside broader nuclear technologies and services. Operations are centered in the U.S., with emphasis on advanced reactor solutions for energy generation. Leadership is provided by CEO Patrick Fragman, supporting ongoing innovations in the field.
Who are the top competitors of Westinghouse Electric?
Westinghouse Electric's top competitors include TerraPower, Newcleo and X Energy.
What products or services does Westinghouse Electric offer?
Westinghouse Electric offers AP1000 PWR, AP300 SMR, and eVinci Microreactor.
How many acquisitions has Westinghouse Electric made?
Westinghouse Electric has made 7 acquisitions, including Carolina Energy Solutions, InCon, and Laveer Engineering.
Who are Westinghouse Electric's investors?
Westinghouse Electric has 10 investors. Key investors include Gov.uk, Toshiba, Cameco, Region ile-de-France, and Brookfield Asset Management.
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