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Atom Power, Inc. is a technology company.
Atom Power, Inc. develops solid-state circuit breakers (SSCBs) and integrated electric vehicle (EV) charging station hardware and software solutions. Their core technology offers unprecedented protection, real-time visibility, and precise control over electrical distribution at the point of load. This approach aims to transform the electrical infrastructure by enabling more dynamic and efficient power management through advanced semiconductor-controlled circuit breaking.
The company was founded in 2014 by Denis Kouroussis and Ryan Kennedy. Their foundational insight was to pioneer the application of solid-state technology to circuit protection, creating the first commercially viable solid-state circuit breaker. This innovation laid the groundwork for a new paradigm in electricity management, departing from traditional mechanical circuit breakers.
Atom Power's products serve clients deploying and managing EV charging infrastructure, from commercial installations to grid-edge applications. The company envisions a future where its foundational solid-state power control technology extends beyond EV charging, fundamentally altering how electricity is distributed, monitored, and protected across various sectors, enabling a more resilient and adaptable electrical grid.
Atom Power, Inc. has raised $121.0M across 3 funding rounds.
Atom Power, Inc. has raised $121.0M in total across 3 funding rounds.
Atom Power, Inc. is a technology company founded in 2014 that develops solid-state circuit breaker technology, EV charging solutions, and energy management software to modernize electrical infrastructure.[1][2][3][6] It serves commercial, industrial, EV, residential, data center, and distributed energy markets by replacing mechanical breakers with digital solid-state versions that offer superior protection, visibility, control, reliability, scalability, and security—addressing issues like slow response times and inefficiency in traditional systems.[1][2][3][7] With $124.3 million in funding, $15.5 million in revenue, and 107 employees headquartered in Huntersville, North Carolina, the company shows strong growth momentum through UL-listed products, U.S. manufacturing, and expansions like the E100 Series Level 2 EV chargers.[1][3][6]
Atom Power emerged in 2014 in Huntersville, North Carolina (Charlotte metro), with a research facility in Research Triangle Park, Raleigh-Durham, pioneering the world's first UL-listed commercial solid-state digital circuit breaker.[1][3][4] Key early figures include employees like Laura Martyna (Brand Ambassador and Recruiter) and Amanda Moorhead (SPHR, LEED AP ND), though specific founders are not detailed in available sources; the company quickly focused on transforming mechanical breakers to digital for smarter power distribution.[1][4] Pivotal traction came from inventing breaker technology that exceeds UL 489 standards (e.g., 1,000,000+ cycles vs. required 6,000), enabling EV charging and grid-edge applications, with rapid evolution toward scalable EVSE products and future data center/industrial uses.[3][6][7]
Atom Power stands out through its patented solid-state circuit breaker (Atom Switch) and integrated ecosystem:
These eliminate mechanical wear, boost efficiency, and support sustainable energy management over competitors like Cordyne or Relectric.[1]
Atom Power rides the electrification megatrend, powering EV adoption, smart grids, data centers, and renewables amid rising demand for reliable, visible energy control behind the meter.[1][2][6] Timing aligns with EV infrastructure growth (e.g., U.S. installations), where traditional breakers fail under variable loads from charging or distributed energy; market forces like sustainability mandates and grid strain favor its solid-state tech for safer, greener distribution.[1][3][7] It influences the ecosystem by setting new standards for digital breakers, enabling scalable EVSE for hotels/offices/municipalities, and paving the way for industrial/data center applications—reducing carbon via efficient power and supporting the shift to intelligent, software-defined electrical systems.[2][6]
Atom Power is positioned for explosive growth by dominating EV charging while gearing up next-gen breakers for data centers, industrials, and homes, leveraging its $124M funding war chest.[1][7] Trends like AI-driven data center power demands, EV proliferation, and grid modernization will propel it, with software integration amplifying network effects in energy management. Its influence could evolve from EV niche leader to foundational grid tech provider, potentially capturing broader power electronics markets as solid-state adoption accelerates—transforming energy flow from rigid to dynamic, just as it began with the first digital breaker revolution.
Atom Power, Inc. has raised $121.0M in total across 3 funding rounds.
Atom Power, Inc.'s investors include Moohwan Kim, Dong-soo Kang, Atreides Management, Future Ventures.
Atom Power, Inc. has raised $121.0M across 3 funding rounds. Most recently, it raised $100.0M Atom Power - Other Equity in August 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Aug 18, 2022 | $100.0M Atom Power - Other Equity | Moohwan Kim, Dong-soo Kang | |
| Jun 1, 2020 | $18.0M Series B | Atreides Management, Future Ventures | |
| Nov 1, 2017 | $3.0M Atom Power - Other Equity |