CorePower Magnetics
corepowermagnetics.com
Actively hiring
Science & Engineering
Power Supplies & Power Electronics
Electrical & Electronic Engineering
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Financials
Funding and backers
Total raised
$10.6M
2 rounds on record
Latest round
$10.6M
Venture round · Sep 2026 · this month
Team
9
US Form 5500 (plan participants) · Dec 2025 · +13% in a year
Revenue
$5M
2021 · SEC Form D 0001901939-22-000001
Backers
1
Material Impact
The money's age
Fresh money
0 months since the last round · not hiring
Momentum
35/100
in the news, fresh money
Last sign of life
this month
a posting or a news item
The story so fareach stage dated by its source: the company's releases, the press, registers, filings
Sep 17
Raised a round Venture round $10.6M · businesswire
Aug 28, 2025
Recognition CorePower Magnetics Wins 2025 R&D 100 Award for VulcanAlloy Nanocrystalline Material · corepowermagnetics.com
Aug 15, 2022
Took on debt financing $2.4M · SEC Form D
2020
Founded
Funding rounds
| Round | Date | Amount | Investors | Source |
|---|---|---|---|---|
| Venture round | Sep 2026 | $10.6M | — | businesswire |
| Debt Financing | Aug 2022 | $2.4M | — | SEC Form D |
Registers and programsofficial lists and records that name the company
| Legal entity | CorePower Magnetics, Inc. | SEC Form D |
Founders and leadersfrom filings, registers and the company's site
Samuel KernionExecutive OfficerSEC Form D
Backed byfrom the funds' portfolios and accelerator catalogs
Material Impact Similar startupsby what they do, their industry and backers
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News
Building the Team for CorePower's Next Phase of Growth
As CorePower Magnetics enters its next phase of growth, we are continuing to strengthen the leadership team that will help scale the company from technology development into a leading manufacturer of advanced magnetic materials and components. Today, we a
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Report
CorePower Magnetics: 10,6 Mio. Dollar für Magnetmaterialien über 200 C
CorePower Magnetics schließt eine 10,6-Millionen-Dollar-Runde ab und will nanokristalline Magnetmaterialien für Rechenzentren fertigen.
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Report
CorePower Magnetics Raises $10.6 Million To Scale U.S. Manufacturing Of Advanced Magnetics For AI, Data Centers And Grid Infrastructure
CorePower Magnetics, a Pittsburgh-based developer and manufacturer of advanced magnetic components for power electronics, has raised $10.6 million in equity financing to expand domestic manufacturing capacity, accelerate hiring and scale commercialization
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Report
CorePower Magnetics Secures $10.6M to Address a Critical Bottleneck in AI, Grid, and Electrification Infrastructure
Co-led by Engine Ventures and Material Impact, the oversubscribed round will scale domestic manufacturing of advanced magnetic componentsPITTSBURGH, PA- September 17, 2026--CorePower Magnetics, a developer and manufacturer of advanced magnetic components
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CorePower Magnetics Secures $10.6M to Address a Critical Bottleneck in AI, Grid, and Electrification Infrastructure
CorePower Magnetics, a developer and manufacturer of advanced magnetic components for power electronics, today announced it has raised $10.6 million in an eq...
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Report
The Hidden Voltage Stress in Medium-Frequency Transformers
As medium-voltage (MV) power electronics architectures continue to evolve-especially in solid -state transformers (SSTs), grid-edge converters, and industrial power systems-the role of the medium-frequency transformer (MFT) has become increasingly critica
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Report
The Role of Medium-Frequency Transformers in Solid-State Transformers
Solid-state transformers (SSTs) are often described as the future of power distribution, promising higher efficiency, smaller footprints, and greater control compared to conventional transformers. But at the heart of every SST is a component that ultimate
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Report
Medium-Voltage Emerges as the Control Layer in 800 VDC AI Data Center Architectures
As AI data centers shift to 800 VDC, medium voltage defines system-level control. CorePower aligns standardized and MV magnetics for scalable deployment.
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Report
CPMLMAX and the Transition to 800 VDC: Why Standardized Inductors Matter Now
The power architecture of AI Data Centers is changing rapidly. NVIDIA's recent 800 VDC white paper marks a definitive shift toward higher-voltage, high-efficiency distribution as the foundation of next-generation compute infrastructure. The implications r
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People
Samuel Kernion
Executive Officer
Names and roles come from public filings, company registers and the company's own site. Is this you? Correct or remove · How we handle this data
Offices
Where the company hires and what each office is for
Cities
1
Hiring now
0
Countries
1
Pittsburgh
United States
HQ
Headquartered at the
10-50 est. staff
1435 Bedford Avenue, Pittsburgh, PA 15219