WiTricity Receives Series E Funding

  • Feed Type
  • Date
    10/23/2013
  • Company Name
    WiTricity
  • Mailing Address
    149 Grove Street Watertown, MA 02472
  • Company Description
    The company is developing technology to transmit energy wirelessly.
  • Website
    http://www.witricitynet.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    Undisclosed
  • Transaction Round
    Series E
  • Proceeds Purposes
    The funding will support the company’s growth strategy as it further develops designs and products for wireless charging in the consumer electronics, electric vehicles, defense and medical device industries, as well as allowing WiTricity to pursue other strategic growth opportunities in the wireless power field.
  • M&A Terms
  • Venture Investor
    Intel Capital
  • Venture Investor
    Foxconn Technology Group
  • Venture Investor
    Undisclosed

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