Power Wave
Power Wave is a Japanese deep-tech company that develops capacitive coupling wireless power transfer systems for AGVs, AMRs, micro-mobility vehicles, and electric vehicles, enabling both stationary and in-motion contact-less charging for industrial and mobility customers.
- Company typePrivate
- Founded2021
- HeadquartersToyohashi, Japan
- Headcount—
- GTM typeB2B
- OfferingHardware or Manufacturing
What Power Wave does
Power Wave Co., Ltd. (株式会社パワーウェーブ) is a Japanese deep-technology company founded on March 22, 2021 as a spin-off from Toyohashi University of Technology, headquartered in Toyohashi, Aichi Prefecture, with a sales and business development office in Chiyoda-ku, Tokyo. The company develops and commercializes capacitive (electric field) coupling wireless power transfer systems, in which high-frequency voltage applied to transmitter electrodes generates an electric field that induces displacement current in receiver electrodes, transmitting energy without physical contact. Its product portfolio spans modular wireless power units at 50W, 500W, 1kW, and 10kW power levels, designed for both stationary and in-motion charging applications including automated guided vehicles (AGVs), autonomous mobile robots (AMRs), micro-mobility vehicles (shared e-scooters and e-bikes), electric vehicles, construction equipment, and service robots. In July 2025 the company achieved Japan's first in-motion EV wireless power transfer demonstration with Taisei Corporation, delivering up to 10kW of continuous power to a vehicle traveling at 60 km/h.
The company generates revenue through two streams: hardware sales of wireless power transfer units and embedded components, and licensing of its capacitive coupling technology to OEM partners for integration into their products and platforms. Its go-to-market is enterprise field sales with direct B2B engagement and no publicly disclosed pricing, supplemented by OEM/embedded partnerships with major Japanese industrial players — notably Toyota Group entities (Toyota Tsusho, Toyota Tetsudo, Aisin), Tokai Rika (NEDO joint development), Taisei Corporation, Luup, and Ishikawa Gosei. The company is led by CEO Norihito Oida (種田憲人) and CTO Shinji Abe (阿部晋士), with Professor Emeritus Takashi Ohira of Toyohashi University of Technology serving as advisor. Capital raised to date totals ¥910 million (~$5.9M USD) across a Series A close in January 2026 and a Series A extension in May 2026, with proceeds directed toward mass production preparation, talent acquisition, and overseas expansion — the latter evidenced by a MODEX 2026 exhibition debut in the United States.
Power Wave firmographics
Firmographics- Name
- Power Wave
- Legal name
- 株式会社パワーウェーブ (Power Wave Co., Ltd.)
- Website
- https://powerwave.co.jp
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Short description
- Power Wave is a Japanese deep-tech company that develops capacitive coupling wireless power transfer systems for AGVs, AMRs, micro-mobility vehicles, and electric vehicles, enabling both stationary and in-motion contact-less charging for industrial and mobility customers.
- Ownership category
- akta.pro rank
Power Wave industry classification
Industry- Product category
- Wireless Power Transfer Systems
- NAICS
- Switchgear and Switchboard Apparatus Manufacturing (335313), Relay and Industrial Control Manufacturing (335314)
- SIC
- Electronic & Other Electrical Equipment (No Computer Equip) (3600), Switchgear & Switchboard Apparatus (3613)
- akta.pro primary industry
- Power Conversion Systems for Storage & Charging (PCS, bidirectional inverters, DC/DC) (IMAGAHAE)
- akta.pro secondary industries
- Charging Infrastructure Components (connectors, cables, dispensers, payment/controls) (IMAGAHAH), Medium/Low-Voltage Power Distribution (MCCs, Panels, UPS, Grounding) (EUAEAFAB)
Keywords
Where Power Wave is headquartered
LocationHeadquarters
- HQ city
- Toyohashi
- HQ country
- Japan
- HQ region
- Asia
Offices2 records
Markets served
Power Wave business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure, Supply Chain
Revenue model
- Hardware Sales: Sale of wireless power transfer hardware systems including charging pads, receivers, and integration components for industrial and mobility applications.
- Technology Licensing: Licensing of proprietary capacitive coupling wireless power transfer technology to manufacturers and OEM partners for integration into their products and platforms.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels4 records
Power Wave product offering
Product offeringCore offering
Power Wave develops and sells capacitive (electric field) coupling wireless power transfer systems that transmit high-frequency electrical power without physical contacts, enabling contact-less charging for industrial AGVs, AMRs, electric vehicles, micro-mobility vehicles, and service robots. Its product portfolio is built around modular wireless power units at 50W, 500W, 1kW, and 10kW power levels, which are customized, manufactured, and installed for each application to enable stationary and in-motion opportunity charging.
Differentiator
Problem solved
Functional benefit
Products and services
- Capacitive Coupling Wireless Power Transfer Units (50W / 500W / 1kW / 10kW) Modular capacitive coupling wireless power transfer hardware units at 50W, 500W, 1kW, and 10kW power levels, designed and installed for wireless power supply to mobility and robotics applications. Each unit is matched to the customer's facility and application to enable contact-less, automated charging for AGVs, AMRs, electric vehicles, micro-mobility vehicles, and service robots in industrial, commercial, and mobility environments.
- Micro-mobility Wireless Power Supply Unit Dedicated wireless power transfer unit designed for shared micro-mobility vehicles such as electric scooters and e-bikes, deployed at vehicle return spots to enable automatic charging on return without manual battery swapping. Developed in partnership with Toyota Tsusho and deployed at Luup's Shinagawa-area return locations in Tokyo.
Companies that use Power Wave
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles3 records
Power Wave technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Power Wave partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered core, major and minor.
- Toyohashi University of TechnologycoreUniversity origin of the company's technology. Power Wave originated from research conducted at Toyohashi University of Technology in capacitive coupling wireless power transfer.
- Taisei CorporationmajorConstruction company conducting demonstration experiments with Power Wave's wireless charging technology for construction site applications.
- Toyota TsushomajorToyota Group trading company partnership for micro-mobility applications of wireless power transfer technology.
- LuupmajorMicro-mobility operator conducting demonstration experiments with wireless charging for electric scooters and e-bikes.
- AisinmajorAutomotive parts manufacturer demonstrating ILY-Ai wireless charging application for personal mobility vehicles.
- Tokai RikamajorAutomotive electronics company engaged in NEDO joint development project for wireless power transfer technology.
- Toyota TetsudomajorRailway company conducting e-Palette demonstration experiments with wireless charging technology.
- Ishikawa GoseiminorCompany working on Co-move wireless charging proof of concept using Power Wave's technology.
- Broad Band Wireless Forum (BWF)minorIndustry forum membership for wireless power transfer standardization and industry collaboration.
- EV Wireless Power Transfer CouncilminorCouncil membership focused on EV wireless power transfer standardization and industry coordination.
Scale indicators1 record
Recent moves7 records
Expansion highlights6 records
Power Wave competitors and assessment
Company assessmentDirect peers
- HEVO Power: HEVO develops wireless EV charging infrastructure including ground-mounted systems for passenger and commercial vehicles. Comparable to Power Wave in targeting the same OEM-customer pipeline for wireless charging integration and pursuing both stationary and dynamic charging roadmaps.
- Momentum Dynamics: Momentum Dynamics specializes in high-power wireless charging for commercial EV fleets (buses, delivery vehicles). It is directly comparable to Power Wave's 10kW-class EV charging use case, particularly the in-motion and opportunity-charging capabilities Power Wave has demonstrated in Japan.
- WiTricity: WiTricity is a leading wireless EV charging company founded on magnetic resonance technology from MIT. It is the most directly comparable peer to Power Wave in the wireless power transfer space, targeting the same automotive OEMs and pursuing the same in-motion and stationary EV charging applications, though using inductive rather than capacitive coupling.
- VAHLE Group: VAHLE provides industrial power transmission systems including inductive contactless power and data solutions for AGVs, cranes, and automated factories. Directly comparable to Power Wave in serving factory automation customers with wireless power infrastructure, with established European market presence.
- Conductix-Wampfler: Conductix-Wampfler is a global supplier of inductive power transfer systems for industrial AGVs, electric buses, and material handling equipment. Comparable to Power Wave in the same wireless opportunity-charging market for industrial mobility and a likely competitor in AGV fleet electrification deals.
- IPT Technology: IPT Technology is a German specialist in inductive wireless power transfer for industrial applications including AGVs, electric vehicles, and automation systems. Comparable to Power Wave's horizontal industrial-and-mobility platform approach and its product offering across multiple power classes.
- Wiferion (Toyota Industries): Wiferion is a German provider of wireless inductive charging systems for industrial AGVs, AMRs, and forklifts, acquired by Toyota Industries in 2023. It directly competes with Power Wave's AGV/AMR opportunity charging use case and represents the leading installed base in the same vertical Power Wave targets with Aisin and Tokai Rika.
Emerging players
- Energous Corporation: Energous develops over-the-air wireless power technology using RF-based approaches for IoT and consumer electronics. While serving a different power range and application than Power Wave's mobility focus, it is comparable as a wireless power transfer specialist pursuing licensing and embedded integration business models.
Broad incumbents
- ABB E-mobility: ABB E-mobility is a global leader in EV charging infrastructure including DC fast chargers and AC chargers. It is a broad incumbent comparable to Power Wave in targeting the EV charging market, though ABB focuses on wired rather than wireless charging and operates at much greater scale.
- Daihen Corporation: Daihen is a Japanese power electronics manufacturer with strong presence in EV chargers, industrial power supplies, and wireless power transfer research. It is a broad incumbent comparable to Power Wave's wireless charging business, with deeper resources and existing Japanese OEM relationships as a potential competitor or partner.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Power Wave social profiles
Digital presencePower Wave financial estimates
Financial estimateRevenue estimate
Valuation estimate
Power Wave leadership team
Management profileNumber of profiles
Profiles4 records
Power Wave funding detail
Funding detailFunding overview
Funding rounds1 record
Investors7 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Power Wave M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Power Wave
What does Power Wave do?
Power Wave develops and sells capacitive (electric field) coupling wireless power transfer systems that transmit high-frequency electrical power without physical contacts, enabling contact-less charging for industrial AGVs, AMRs, electric vehicles, micro-mobility vehicles, and service robots. Its product portfolio is built around modular wireless power units at 50W, 500W, 1kW, and 10kW power levels, which are customized, manufactured, and installed for each application to enable stationary and in-motion opportunity charging.
Is Power Wave a public or private company?
Power Wave is a private company. It is classified as venture growth investor backed and is currently operating.
When was Power Wave founded?
Power Wave was founded in 2021.
Where is Power Wave based?
Power Wave is headquartered in Toyohashi, Japan, in the Asia region.
How does Power Wave make money?
Two revenue lines are on record. Hardware Sales are the primary driver. The others are technology Licensing.
Who are Power Wave's main competitors?
Direct peers on record are HEVO Power, Momentum Dynamics, WiTricity, VAHLE Group, Conductix-Wampfler, IPT Technology and Wiferion (Toyota Industries). Energous Corporation is listed as an emerging player. Broad incumbents are ABB E-mobility and Daihen Corporation.
Does Power Wave have an API?
No public API is recorded for Power Wave.
What industry is Power Wave in?
Power Wave's product category is Wireless Power Transfer Systems. Its primary akta.pro industry code is IMAGAHAE, Power Conversion Systems for Storage & Charging (PCS, bidirectional inverters, DC/DC), with a secondary code of IMAGAHAH, Charging Infrastructure Components (connectors, cables, dispensers, payment/controls). Its NAICS code is 335313 and its SIC code is 3600.