Tech Company Financing Transactions
CaPow Funding Round
On 2/13/2023, CaPow received $7.5 million in Seed funding from IL Ventures, Doral Energy-Tech Ventures and private investors.
Transaction Overview
Company Name
Announced On
2/13/2023
Transaction Type
Venture Equity
Amount
$7,500,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to scale up the commercialization of its battery-free, wireless, energy delivery eco-system for autonomous robotics.
Company Information
Company Status
Private & Independent
Industry
Robotics
Mailing Address
77 HaEnergia street, 3rd Floor
Be'er Sheva, 8470912
IL
Be'er Sheva, 8470912
IL
Phone
Website
Email Address
Overview
CaPow's perpetual power delivery ecosystem brings continuous motion to automated robotics fleets. Challenging robot manufacturers, solution providers, and operators to change their definition of operational efficiency, CaPow maintains consistent power for moving robots, ending the concept of robot 'downtime.' Harnessing the potential of its unique solution, CaPow eliminates the need for batteries or stationary charging ports. Immediately scalable and industry-agnostic, CaPow can be integrated seamlessly into any hardware and deployed in any facility
Management Team
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