CorePower Magnetics

CorePower Magnetics’ patented combination of advanced manufacturing processes and novel materials increases electric vehicle ranges.

Robotics and hardwareManufacturing and industrial

CorePower Magnetics raised $10.6M in a Seed round announced September 8, 2026, according to vcnewsdaily.com. Investors in that round: Material Impact, The Engine Ventures, Baruch Future Ventures, Carnegie Mellon University, Evergreen Climate Innovations.

Founders and team

• KB
  Kevin Byerly Founder

  source: crunchbase.com
• LO
  Leah Ohodnicki Founder

  source: crunchbase.com
• MM
  Michael McHenry Founder

  source: crunchbase.com
• PO
  Paul Ohodnicki Founder

  source: crunchbase.com
• CR
  Carmichael Roberts Board member

  source: crunchbase.com
• RS
  Reed Sturtevant Board member

  source: crunchbase.com
• SK
  Samuel Kernion Chief Executive Officer

  source: crunchbase.com

Raise history

1. September 8, 2026
   Seed · $10.6M
   MMaterial Impact (lead), TThe Engine Ventures (lead), BBaruch Future Ventures, CCarnegie Mellon University, EEvergreen Climate Innovations
   Source: vcnewsdaily.com

Investors

• BBaruch Future Ventures
• CCarnegie Mellon University
• EEvergreen Climate Innovations
• MMaterial Impact
• TThe Engine Ventures
• UUS Department of Energy
• VVolta Energy Technologies

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Every amount links to the page it came from. How Recent Funding sources and verifies funding data. The same data as JSON: /api/v1/companies/corepower-magnetics.