PowerON Overview

  • Year Founded
  • 2019

Year Founded

  • Status
  • Out of Business

  • Employees
  • 15

Employees

  • Latest Deal Type
  • Liquidation

PowerON General Information

Description

Developer of smart soft sensors and actuators designed to deliver robotics and interfacing technologies. The company's sensors develop multifunctional dielectric elastomer components for robotic applications to produce customizable, smooth, and flexible switches, actuators, and logic that generate large strains and are mechanically compliant, enabling companies to substitute complex and heavy electromagnetic equipment with single-component devices.

Contact Information

Website
www.poweron.one
Ownership Status
Out of Business
Financing Status
Formerly VC-backed
Corporate Office
  • 293 Lincoln Road
  • Henderson
  • Auckland, 0610
  • New Zealand
Primary Industry
Electronic Equipment and Instruments
Other Industries
Other Hardware
Vertical(s)
Advanced Manufacturing, Artificial Intelligence & Machine Learning
Corporate Office
  • 293 Lincoln Road
  • Henderson
  • Auckland, 0610
  • New Zealand

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PowerON Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
9. Bankruptcy: Liquidation 16-Jan-2024 Completed Bankruptcy: Liquidation
8. Accelerator/Incubator 05-Jul-2023 Completed Generating Revenue
7. Accelerator/Incubator 11-May-2023 Completed Generating Revenue
6. Grant Completed Generating Revenue
5. Accelerator/Incubator 01-Jan-2022 Completed Generating Revenue
4. Early Stage VC 08-Sep-2021 Completed Generating Revenue
3. Grant 01-Feb-2021 Completed Generating Revenue
2. Grant 01-Sep-2020 $44K $319K Completed Generating Revenue
1. Seed Round 11-Sep-2019 $319K $319K Completed Startup
To view PowerON’s complete valuation and funding history, request access »

PowerON Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of smart soft sensors and actuators designed to deliver robotics and interfacing technologies. The company's s
Electronic Equipment and Instruments
Auckland, New Zealand
15 As of 2023

Sydney, Australia
 

Munich, Germany
 
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PowerON Competitors (3)

One of PowerON’s 3 competitors is Contactile, a Venture Capital-Backed company based in Sydney, Australia.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Contactile Venture Capital-Backed Sydney, Australia
tacterion Venture Capital-Backed Munich, Germany
SynTouch Venture Capital-Backed Truckee, CA
You’re viewing 3 of 3 competitors. Get the full list »

PowerON Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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PowerON FAQs

  • When was PowerON founded?

    PowerON was founded in 2019.

  • Where is PowerON headquartered?

    PowerON is headquartered in Auckland, New Zealand.

  • What is the size of PowerON?

    PowerON has 15 total employees.

  • What industry is PowerON in?

    PowerON’s primary industry is Electronic Equipment and Instruments.

  • Is PowerON a private or public company?

    PowerON is a Private company.

  • What is PowerON’s current revenue?

    The current revenue for PowerON is .

  • How much funding has PowerON raised over time?

    PowerON has raised $3.49M.

  • Who are PowerON’s competitors?

    Contactile, tacterion, and SynTouch are competitors of PowerON.

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