What is Present Power Systems?
Present Power Systems specializes in the design of custom, ultra-compact power electronics that emphasize high efficiency and affordability. Leveraging Silicon-Carbide devices and high-speed FPGA control technology, the company, founded in 2018, is dedicated to accelerating the transition to clean energy. Their product portfolio includes advanced solutions such as 10kW and 11kW DCDC converters, alongside tailored solar and energy storage systems designed to meet specific client requirements. The company serves a broad range of industries seeking cutting-edge power solutions for sustainable energy initiatives.
How much funding has Present Power Systems raised?
Present Power Systems has raised a total of $40K across 1 funding round:
Debt
$40K
Debt (2021): $40K with participation from PPP
Key Investors in Present Power Systems
PPP
Public-Private Partnership
What's next for Present Power Systems?
With the recent influx of substantial expansion capital, Present Power Systems is poised for significant growth. This strategic investment, occurring at a critical Series B/C stage, will likely fuel further research and development, enhance manufacturing capabilities, and broaden market reach. The company's focus on high-efficiency, affordable power electronics, particularly for clean energy applications, positions it favorably in a rapidly evolving market. Future endeavors may include scaling production of their DCDC converters and expanding their integrated solar and energy storage offerings to meet increasing global demand for sustainable energy infrastructure.
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