CaPow, a Be’er Sheva, Israel-based provider of an in-motion power delivery solution for robotic fleets, raised $15M in Series A funding.
The round was led by Toyota Ventures with participation from Elements VC, IL Ventures, Payton Planar Magnetics LTD., Mobilion, Doral Energy-Tech, and more.
The company intends to use the funds to broaden its expansion into new markets, grow its global operations, scale R&D, and ramp up production.
Founded in 2019 by Prof. Mor Peretz, Dr. Eli Abramov, and Dr. Alon Cervera, CaPow specializes in the field of efficient power delivery for robotic fleets. Its novel Power-In-Motion technology transfers energy to robotic fleets while in motion, eliminating downtime and ensuring constant throughput. The Genesis system integrates into existing warehouse infrastructure, enabling operators, automation experts, and OEMs to achieve efficiency while reducing overall expenses.
FinSMEs
05/03/2025