What is ePropelled?
Founded in 2018, ePropelled specializes in the design of intelligent motors, motor controllers, and generators. The company's core competency lies in magnetics engineering, where its patented technology aims to reduce energy consumption and enhance system efficiency at a lower cost. ePropelled's innovative smart power systems are engineered for applications across the UAV, electric vehicle (EV), and pump markets, positioning the company as a key player in defining the future of electric propulsion.
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
Undisclosed Investor
An undisclosed investor participated in the Series A funding round, indicating strategic alignment with ePropelled's growth objectives.
PPP
Public-Private Partnership
Undisclosed Investor
An undisclosed investor participated in the funding round, contributing to the company's overall capital structure.
What's next for ePropelled?
The recent major strategic investment of $15M signals a pivotal moment for ePropelled, likely enabling the company to accelerate its product development, scale manufacturing operations, and expand its market reach. This enterprise-level backing suggests a strong investor confidence in ePropelled's technology and its potential to disrupt the UAV, EV, and pump industries. The company is poised to leverage this capital to further solidify its leadership in magnetics engineering and intelligent electric propulsion solutions.
See full ePropelled company page
