What is Current Controls?
Founded in 1982, Current Controls specializes in the design and manufacturing of high-quality custom power magnetics, with an initial focus on high-frequency, switching power magnetic components. The company has consistently prioritized superior service in design, manufacturing, and customer support. Its expansion into a wholly owned manufacturing facility in Costa Rica in 1996, equipped to meet stringent technical requirements and site-licensed for UL systems, highlights its commitment to scalable production. Current Controls serves a diverse array of industries, including Automotive, Aerospace, Medical, Data Storage, Lighting, Power Supply, Motion Control, UPS, and Industrial Controls, demonstrating the broad applicability and essential nature of its products.
How much funding has Current Controls raised?
Current Controls has raised a total of $780K across 2 funding rounds:
Debt
$350K
Debt
$430K
Debt (2020): $350K with participation from PPP
Debt (2021): $430K led by PPP
Key Investors in Current Controls
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Current Controls?
The substantial enterprise-level funding, including the recent major strategic investment, indicates Current Controls is likely in a growth or scaling phase. This capital infusion is expected to fuel further product development, enhance manufacturing capabilities, and potentially expand market reach. The company's long-standing commitment to quality and service, combined with its diversified industry presence, positions it well to leverage this financial backing for sustained advancement and to solidify its market leadership in custom power magnetics.
See full Current Controls company page
