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CorePower Magnetics

CorePower Magnetics

Private
Pittsburgh, PennsylvaniaFrontier & Industrial Techhttps://www.corepowermagnetics.com/

Last Round

Series A

Nov 12, 2024

Total Funding Raised

$29.15M

Momentum

Top 25%

of companies Caplight tracks

Company Overview

CorePower Magnetics is an advanced manufacturing company that produces high-performance magnetic components, including inductors, transformers, and motors, for the power electronics industry.

Sector

Frontier & Industrial Tech

Verticals

Advanced Materials, Defense Tech, Energy Storage, Computing Hardware

Business Model

B2B

Customer Profile

Hardware Sales, Services & Consulting

AI Layer

Non-AI

Keywords

magnetic materialspower electronicspower densitymagnetic coressize, weight, and powerSWaPhigh-frequency transformersinductorselectric machine componentssoft magnetic materialsdefense electronicsaerospace componentshard techdeep techpower conversion

Historical Pricing

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Caplight Momentum Score

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CorePower Magnetics Comps

Public and private peers based on sector, stage, and business model.

CorePower Magnetics comps — public and private peers by sector, stage, and business model
CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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CorePower Magnetics Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series ANov 12, 2024
GrantOct 1, 2024
GrantNov 28, 2023
GrantNov 22, 2022
Pre SeedSep 6, 2022
Grant
Jun 1, 2022

Key People

Founding team and executive leadership

Sam Kernion

Chief Executive Officer

Executive Team

Paul Ohodnicki

Chief Technology Officer

Executive Team

CorePower Magnetics Investors

Notable investors and investment history

Market signals

Structured signals derived from secondary market and firmographic data.

  • Apr 16, 2026

    Monthly visitors grew 261% MoM, reaching 5.2K.

  • Aug 28, 2025

    Won a 2025 R&D 100 Award for VulcanAlloy.

CorePower Magnetics Filings

SEC and related filings with document metadata.

Data table
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CorePower Magnetics Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersPittsburgh, Pennsylvania
Employee Range12
Year Founded2020
Last FundingNov 12, 2024

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