Momentum Dynamics
Automated high-power wireless charging for electric vehicles
Malvern, United States · Founded 2009 · $19.0M raised
- Headquarters
- Malvern, Pennsylvania
- Employees
- 11–50
- Founded
- 2009
- Business Model
- B2B
- Website
- momentumdynamics.com
- Total Funding
- $19.0M
- Last Round
- $19.0M Venture RoundMay 2023
- Rounds
- 1
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
Momentum Dynamics is a Climate Tech company based in Malvern, United States, founded in 2009. It has raised $19.0M in total across 1 round, most recently a $19.0M Venture Round round in May 2023. Investors include Volvo Group, EDP Ventures and Qualcomm Ventures.
Funding History
May 2023
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Debt Financing through Venture Round — per-round amounts, valuations, and who invested in each round.
Investors
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