What is ePropelled?
Founded in 2018, ePropelled specializes in the design of intelligent motors, motor controllers, and generators engineered to reduce energy consumption and enhance system efficiency at a competitive cost. The company's core expertise lies in magnetics engineering, with its patented technology and innovative smart power systems finding applications across the UAV, electric vehicle (EV), and pump industries. ePropelled is recognized as a leader in defining the future of electric propulsion through its advanced solutions.
How much funding has ePropelled raised?
ePropelled has raised a total of $15.2M across 2 funding rounds:
Debt
$150K
Series A
$15M
Debt (2020): $150K with participation from PPP
Series A (2021): $15M, investors not publicly disclosed
Key Investors in ePropelled
PPP
Public-Private Partnership
What's next for ePropelled?
The recent major strategic investment signifies a critical juncture for ePropelled, likely indicating a transition from early-stage development to a scaling phase. This capital infusion is expected to fuel further research and development, expand manufacturing capabilities, and accelerate market penetration for its energy-efficient electric propulsion systems. The company's focus on reducing energy consumption and improving efficiency positions it favorably within the growing markets for electric mobility and unmanned aerial vehicles.
See full ePropelled company page
