How Much Did PowerSphyr Raise?
Funding & Key Investors

PowerSphyr has solidified its position in the wireless energy sector, securing a total capital infusion of $4.2M to accelerate its industrial and automotive initiatives. The company recently finalized a major strategic investment of $150K, marking a pivotal transition toward scaling its proprietary power delivery infrastructure. This latest injection of capital underscores the growing market demand for seamless, cable-free energy solutions in complex manufacturing and mobility environments.

What is PowerSphyr?

PowerSphyr
ManufacturingTelecommunication EquipmentBusiness Services

PowerSphyr Inc. operates at the intersection of advanced hardware and software engineering, specializing in wireless power delivery systems. By developing comprehensive solutions that include ASICs, hardware, and software, the firm enables OEMs and suppliers to integrate efficient energy transfer into their product ecosystems. Its flagship platform, SkyCurrent, is engineered to support multiple wireless charging standards, effectively bridging the gap between legacy wired connectivity and the next generation of autonomous, connected devices. The company's market position is defined by its ability to provide scalable, high-performance energy solutions that address the rigorous demands of the automotive and industrial sectors.

How much funding has PowerSphyr raised?

PowerSphyr has raised a total of $4.2M across 2 funding rounds:

2018

Series A

$4M

2020

Debt

$150K

Series A (2018): $4M with participation from Faurecia

Debt (2020): $150K led by PPP

Key Investors in PowerSphyr

Faurecia

A global leader in the automotive industry, Faurecia specializes in seating, interior systems, and clean mobility solutions, providing strategic industrial expertise to its portfolio companies.

PPP

Public-Private Partnership

What's next for PowerSphyr?

With the recent influx of capital, PowerSphyr is well-positioned to transition from its current development phase into a broader commercial deployment strategy. The focus will likely shift toward deepening its integration within the automotive supply chain, leveraging its existing partnerships to standardize wireless power protocols. As the industry moves toward electrification and increased automation, PowerSphyr's ability to provide reliable, standards-compliant energy transfer will be critical. Future growth will likely center on expanding the SkyCurrent platform's capabilities to support higher power loads and broader industrial applications, ensuring the company remains at the forefront of the wireless energy revolution.

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Frequently Asked Questions Regarding PowerSphyr Financial Insights

What are the most recent funding rounds that PowerSphyr has completed, and what were the funding rounds?
PowerSphyr has recently completed 2 funding rounds: Debt on Apr 29, 2020, Series A on Nov 8, 2018.
What is the total amount of funding PowerSphyr has raised to date?
PowerSphyr has raised a total of $4.2M in funding to date.
How many funding rounds has PowerSphyr completed?
PowerSphyr has completed 2 funding rounds.
How much funding did PowerSphyr raise in its most recent funding round?
PowerSphyr raised $150K in its most recent funding round.
Who are the lead investors in PowerSphyr's latest funding round?
The lead investor in PowerSphyr's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in PowerSphyr's history?
The largest funding round in PowerSphyr's history was $4M.
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