# Nick Grewal

> Nick Grewal is the founder, chairman and CEO of ePropelled, a Laconia, New Hampshire company building smart-propulsion and energy-management systems for drones, marine craft, and light electric vehicles. He founded ePropelled in 2018 after selling his previous startup Nashoba Networks to Cisco Systems for roughly $100 million in 1996 and spending two decades as an angel investor in more than 40 high-tech companies. He was inducted into the 2025 Boston Smart Business Dealmakers Hall of Fame.

- **Role:** Founder, President, CEO and Chairman at ePropelled
- **Organizations:** ePropelled, Onlake Investments, Nashoba Networks, Cisco Systems, Data Point Capital, Assent Venture Partners, ViMAC, DP Cap Acquisition Corp I, Forbes Technology Council
- **Education:** Bachelor of Science, London South Bank University
- **Known for:** Sold Nashoba Networks to Cisco Systems for ~$100M (1996), Built and led ePropelled to 47 patents across 13 product lines, Invested in 40+ high-tech companies via Onlake Investments

## Career timeline

- **pre-1996** — Engineering and business development roles at CrossCom, Proteon, Fibronics, and Compugraphics
- **1996** — Sold Nashoba Networks to Cisco Systems for approximately $100 million
- **post-1996** — Served as Vice President at Cisco Systems
- **1998-2018** — Founded and chaired Onlake Investments; invested in 40+ high-tech companies
- **2018** — Founded ePropelled and became CEO in May 2018
- **2021** — ePropelled closed a $15M Series A
- **2025** — Inducted into Boston Smart Business Dealmakers Hall of Fame
- **2025** — ePropelled announces 47 patents across 13 product lines; partnership with USA Rare Earth

## Achievements

- Sold Nashoba Networks to Cisco Systems for ~$100M (1996)
- Built and led ePropelled to 47 patents across 13 product lines
- Invested in 40+ high-tech companies via Onlake Investments
- Boston Smart Business Dealmakers 2025 Hall of Fame inductee
- Forbes Technology Council member
- ePropelled motors reach up to 96% efficiency vs industry average of 35-75%

## Latest updates

- **2025-10** — DroneLife feature: ePropelled expands with smart power for drones; targets 100-150k motors/year.
- **2025-03** — Inducted into Boston Smart Business Dealmakers 2025 Hall of Fame.

## Links

- Website: https://epropelled.com
- LinkedIn: https://www.linkedin.com/in/nickgrewal/
- Twitter/X: https://twitter.com/e_propelled
- Facebook: https://facebook.com/epropelled

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Profile page: https://yespress.io/nick-grewal
Published by YesPress — https://yespress.io
Last updated: 2026-07-09