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EV power electronics startup with 3x power density motor controllers using SiC; 200kW peak through volume of 3 cans, targeting inverter supply as EV manufacturers move to wide-bandgap semiconductors.
Steinmetz is a power electronics company developing next-generation motor controllers and inverters for electric vehicles using silicon carbide (SiC) and wide-bandgap semiconductor technology to achieve dramatically higher power density than conventional EV power electronics — producing inverters with 3x greater power density than the state of the art while maintaining equal or greater efficiency, enabling EV systems that are smaller, lighter, and lower cost. Backed by investors including Y Combinator, Steinmetz's lead product is a motor controller that drives 200kW peak power through a volume equivalent to three yerba mate cans.
NASDAQ-listed (AAPL) world's most valuable company at $391B revenue with iPhone, Mac, and $25B+ App Store; Apple Intelligence AI and Vision Pro spatial computing competing across smartphones, PC, wearables, and services.
Apple Inc. is a Cupertino, California-based technology company — listed on NASDAQ (NASDAQ: AAPL) and the world's most valuable company by market capitalization at $3+ trillion — designing and manufacturing consumer electronics (iPhone, Mac, iPad, Apple Watch, AirPods, Apple Vision Pro), operating system software (iOS, macOS, watchOS, visionOS), and digital services (App Store, Apple Music, iCloud, Apple TV+, Apple Pay, Apple Arcade) through a vertically integrated hardware-software-services model that generates unparalleled ecosystem lock-in and customer loyalty. Founded by Steve Jobs, Steve Wozniak, and Ronald Wayne in 1976, Apple generated $391 billion in revenue in fiscal year 2024 with 66% iPhone contribution.
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