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Total funding $14M📍 Pittsburgh · US East CoastFounded 2020

Position in SVTR

Snapshot 2026-11-05
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About

CorePower Magnetics manufactures inductors, transformers and rare-earth-free motors using nanocrystalline magnetic materials exclusively licensed from Carnegie Mellon University and DOE's NETL, targeting AI data center power, grid modernization and industrial electrification.

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Investor· 5

Engine VenturesMaterial ImpactBaruch Future VenturesCarnegie Mellon Catalyst FundEvergreen Climate Innovations
CompanyInvestorFounders / teamCo-investment (thicker arc = more shared deals, ×N marks the count)Bigger circle = stronger signal (activity / coverage / interest) · ⛶ fullscreen · scroll / pinch to zoom · hover to highlight · drag nodes · click a node to open its profile

Funding history

Comparable companies· by market

This company

  • CorePower Magnetics

    High-efficiency magnetic components for power electronics

    Undisclosed · $14M · 2026-09

Confirmed rounds only. Matched on subsector, sector, stage and funding scale — each verifiable on the company profiles.

Investors that may fit

Y Combinator

11 Manufacturing deals in the last 24 months · 9 in US East Coast

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Founders Fund

11 Manufacturing deals in the last 24 months · 11 in US East Coast

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General Catalyst

10 Manufacturing deals in the last 24 months · 7 in US East Coast

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Khosla Ventures

8 Manufacturing deals in the last 24 months · 8 in US East Coast

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Lux Capital

8 Manufacturing deals in the last 24 months · 8 in US East Coast

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Washington Harbour Partners

8 Manufacturing deals in the last 24 months · 8 in US East Coast

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Ranked by each firm’s deals in this sector over the last 24 months, weighted by nearby stage and shared geography. Indicative only — no rating judgment.

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