What is Atom Power?
Atom Power is an innovative technology firm specializing in the development of advanced electric vehicle charging stations and proprietary solid-state circuit breaker technology. The company is best known for its Atom Switch, the world's first commercial UL-listed digital solid-state circuit breaker. This hardware provides unparalleled speed and safety, offering real-time energy control that is critical for data centers, industrial facilities, and the rapidly expanding EV charging ecosystem. By digitizing the electrical distribution process, Atom Power enables superior protection against hazards while facilitating more efficient, reliable, and intelligent power management across complex infrastructure networks.
How much funding has Atom Power raised?
Atom Power has raised a total of $124.3M across 6 funding rounds:
Private Equity
$3M
Series A
$3M
Debt
$150K
Series B
$17.8M
Debt
$358K
Other Financing Round
$100M
Private Equity (2017): $3M with participation from Siemens AG and Siemens Venture Capital
Series A (2017): $3M, investors not publicly disclosed
Debt (2020): $150K supported by PPP
Series B (2020): $17.8M featuring Atreides Management, Valor Equity Partners, Rockwell Automation, and ABB Technology Ventures
Debt (2021): $358K backed by PPP
Other Financing Round (2022): $100M with participation from Sk
Key Investors in Atom Power
SK Inc.
A diversified holding company based in South Korea with a strong focus on energy, chemicals, and mobility solutions, actively investing in technologies that drive industrial transformation.
Siemens AG
A global technology powerhouse focused on industry, infrastructure, and transport, dedicated to creating resource-efficient factories and smarter, more resilient power grids.
ABB Technology Ventures
The venture capital arm of a global leader in electrification and industrial automation, specializing in hardware and software that optimize asset control and sustainability.
What's next for Atom Power?
With the support of major strategic partners, Atom Power is well-positioned to accelerate the deployment of its digital circuit breaker technology across global markets. The current lifecycle stage, characterized by major enterprise-level funding, suggests a focus on scaling manufacturing capabilities and expanding its footprint in the industrial automation and grid modernization sectors. Future growth will likely center on deepening integration with smart building management systems and enhancing the scalability of its EV charging solutions to meet the increasing demand for high-speed, safe, and sustainable power distribution. As the energy landscape shifts toward decarbonization, Atom Power's ability to provide granular, real-time control over electrical assets will remain a key competitive advantage in the industrial technology space.
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