What does Wi-Charge do?
Wi-Charge specializes in long-range wireless power technology, enabling the automatic charging of cell phones and other smart devices through its patented infrared power transmission.
How much did they raise?
The company raised $20M in Series C funding, led by Standard Investments with participation from existing investors and new backers including the EIC Fund.
What are their plans for the money?
Wi-Charge intends to use the funds to scale production, fast-track OEM integrations, and meet growing partner demand, which could significantly boost the adoption of its wireless charging solutions.
What have they achieved so far?
The company has already proven its technology by safely and efficiently delivering several watts of power over room-sized distances, highlighting its potential to revolutionize device charging.
