
CaPow
Making robots more efficient by powering them with a perpetual power platform.
Date | Investors | Amount | Round |
---|---|---|---|
investor investor investor investor investor investor | €0.0 | round | |
* | $15.0m | Series A | |
Total Funding | 000k |
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CaPow is a company that has developed a wireless charging solution for automated guided vehicles (AGVs) and autonomous mobile robots (AMRs) in logistics and industrial environments. The company's core product, Genesis, is a power-in-motion system that charges robots as they move, eliminating the need for them to stop and charge. This is achieved through thin, flexible charging pads that are placed along the robots' operational paths.
The company's business model is centered on selling its Genesis system to warehouse operators and other businesses that utilize robotic fleets. By eliminating charging downtime, CaPow's solution aims to increase the operational efficiency of these fleets by up to 30% and reduce the number of robots required for a given task. The company claims that its system can reduce operational costs by 32%.
CaPow's technology is battery-free, which the company highlights as a key advantage over traditional battery-powered systems. This eliminates the need for battery replacement and disposal, and also avoids the safety risks associated with lithium-ion batteries. The company serves clients in the logistics and industrial sectors, with Hyundai Glovis being one of its notable partners.
Keywords: wireless charging, power-in-motion, robotic fleets, logistics automation, industrial automation, AGVs, AMRs, warehouse automation, battery-free, operational efficiency