Atom Power is a technology company.
Atom Power has raised $25.0M across 3 funding rounds.
Atom Power has raised $25.0M in total across 3 funding rounds.
Atom Power is a technology company founded in 2014 and headquartered in Huntersville, North Carolina, specializing in digital solid-state circuit breakers, EV charging solutions, and energy management software.[1][2][6] It builds products like the Atom Switch (a semiconductor-based circuit breaker), Atom Panel (distribution panel), Atom OS (software for intelligent power control), and modular EV charging skids with Level 2 and DC Fast Charging capabilities, serving data centers, EV infrastructure, industrial applications, hotels, offices, municipalities, and distributed energy systems.[1][2][4][5] These innovations solve key problems in traditional mechanical circuit breakers—such as inefficiency, lack of visibility, safety risks, and poor integration with renewables and EVs—by enabling precise control, superior protection, rapid installations (as short as 1 week), cost reductions, and FedRAMP-authorized cybersecurity.[1][3][4][5] The company demonstrates strong growth momentum through U.S.-wide EV installations, multiple certifications, and expansion from circuit breakers (certified in 2019) into networked energy for EVs.[4][6][7]
Atom Power was founded in 2014 by CEO Ryan Kennedy and CTO Denis Kouroussis in Charlotte, N.C. (now headquartered in Huntersville).[1][2][6] The idea emerged from Kennedy's frustration with the mechanical limitations of traditional circuit breakers, which he identified as root causes of inefficiencies in electrical infrastructure during his experiences in the power sector.[1] This led to the development and market launch of the world's first digital circuit breaker, the Atom Switch, in May 2019, following official UL certification that enabled widespread commercial use.[1][7] Early traction came from this breakthrough, positioning the company as a power sector innovator, with pivotal expansion into EV charging by late 2022 amid rising demand for grid-resilient solutions.[7]
Atom Power stands out in the power and EV sectors through its shift from mechanical to solid-state digital technology, delivering unmatched durability, control, and integration. Key highlights include:
Atom Power rides the electrification megatrend, particularly EV adoption, renewable integration, and data center expansion, where aging grids demand smarter distribution.[1][2][4] Timing is ideal amid U.S. infrastructure pushes for resilient power, with market forces like variable renewables (wind/solar), EV growth (hotels/municipalities), and efficiency mandates favoring digital breakers over mechanical ones.[1][2][4] It influences the ecosystem by pioneering "networked energy"—digitizing power at the point of consumption for safety, visibility, and control—enabling faster EV rollouts, reduced costs, and grid stability, while competing with/inspiring firms in circuit protection and charging.[3][7]
Atom Power is poised to scale its EV charging dominance with modular skids and software, potentially expanding solid-state breakers beyond EVs into data centers and industrials as demand surges.[1][5] Trends like AI-driven data centers, federal EV incentives, and grid modernization will propel growth, with short-term focus on U.S. installations and long-term global "digital power management."[1][4][6] Its influence may evolve into a category leader in transformative grid tech, humanizing innovation through bold, reliable execution from its 2014 circuit breaker origins to powering tomorrow's electrified world.[1][6][7]
Atom Power has raised $25.0M in total across 3 funding rounds.
Atom Power's investors include Atreides Management, Chrysalix Venture Capital, Cota Capital, GE Ventures, Giant Ventures, Marc van den Berg.
Atom Power has raised $25.0M across 3 funding rounds. Most recently, it raised $18.0M Series B in June 2020.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jun 1, 2020 | $18.0M Series B | Atreides Management | |
| Nov 1, 2017 | $3.0M Series A | Chrysalix Venture Capital, Cota Capital, GE Ventures, Giant Ventures, Marc van den Berg | |
| Feb 1, 2017 | $4.0M Series A | Chrysalix Venture Capital, Cota Capital, GE Ventures, Giant Ventures, Marc van den Berg |