Fundraising FoxMAREL Power Solutions
2 known investors
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Marel builds ultra-compact power-conversion building blocks — power modules and power stacks — that integrate semiconductor packaging and cooling to reduce the size, weight, and cost of high-power converters, inverters, and breakers. It serves system builders in mobility, defense, and data centers, offering products compatible with silicon and silicon carbide and available for purchase or through IP licensing.
Founders & leadership
Investors · 2
How we know: Evergreen Climate Innovations's portfolio page · the VCSheet dataset · Not right? Tell us
How we know: the VCSheet dataset · Not right? Tell us
Non-dilutive funding · 1 SBIR/STTR award
Federal grants — no equity taken| Agency | Phase | Year | Amount |
|---|---|---|---|
| Department of Energy | Phase I | 2023 | $200K |
Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.
Frequently asked questions
- What does MAREL Power Solutions do?
- Marel builds ultra-compact power-conversion building blocks — power modules and power stacks — that integrate semiconductor packaging and cooling to reduce the size, weight, and cost of high-power converters, inverters, and breakers. It serves system builders in mobility, defense, and data centers, offering products compatible with silicon and silicon carbide and available for purchase or through IP licensing.
- Who are MAREL Power Solutions's investors?
- MAREL Power Solutions's investors include Evergreen Climate Innovations, Michigan Rise.