Momentum Dynamics

Momentum Dynamics is a climate tech company in Malvern, United States, founded in 2009. It has raised $19.0M across 1 round, most recently a $19.0M Venture Round in May 2023.

Automated high-power wireless charging for electric vehicles

Employees
11–50
Founded
2009
Business Model
B2B
Total Funding
$19.0M
Last Round
$19.0M Venture RoundMay 2023
Rounds
1

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

Indexed holds 1 funding round and 3 investors for this company. The full record is or through the API.

About

Momentum Dynamics is a market-leading original technology developer of high-power, automated wireless charging systems for electric vehicles, focused primarily on commercial fleets including transit buses, taxis, and freight vehicles. The company's proprietary magnetic induction technology enables automatic, on-route charging without cables or driver intervention, achieving efficiencies greater than 90% and supporting power levels up to 200 kW — enabling unlimited-range electric transit operations. Founded in 2009 and headquartered in Malvern, Pennsylvania, Momentum Dynamics has deployed systems across the United States and internationally, including at transit agencies, airports, and logistics operators. The company holds CE Mark certification for its systems and manufactures its chargers domestically in Pennsylvania. Momentum Dynamics partners with bus OEMs and fleet operators to integrate wireless power delivery directly into vehicles and infrastructure.

Summary

It lists 11–50 employees. It has raised $19.0M in total across 1 round, most recently a $19.0M Venture Round in May 2023. Investors include Volvo Group, EDP Ventures and Qualcomm Ventures.

Funding History

Data from Indexed.vcUpdated
Venture RoundVenture RoundMay 2023
$19.0M

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Funding: Venture Round. Amounts, valuations, and investors where available.

Investors

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