Power Design Technologies raises €600,000 seed funding

Power Design Technologies, developer of PowerForge, has completed a €600,000 seed funding round with technology investors IT-Translation and IRDInov.

PowerForge is the first computer-aided engineering platform dedicated to the design of power converters for energy-transition-related applications: solar PV inverters and associated storage systems, electric vehicle fast chargers and motor drive inverters.

Funds will serve to continue to improve Powerforge and support the development of the company, especially the sales team.