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WiTricity

Description

Developer of a wireless charging system designed for electric cars and plug-in hybrids. The company's wireless charging system includes manufacturing of devices for wireless energy transfer using resonant energy transfer based on oscillating magnetic fields for mobile device charging, wireless batteries, retail packaging, lighting, EV and HEV wireless charging, in-vehicle mobile device charging and others, enabling wireless power transfer over distance using magnetic resonance.

2007

Founded

PRIVATE

Status

51-200

Employees

Later Stage VC

Latest Deal Type

$3M

Latest Deal Amount

$34M

Total Amount Raised

Description

Developer of a wireless charging system designed for electric cars and plug-in hybrids. The company's wireless charging system includes manufacturing of devices for wireless energy transfer using resonant energy transfer based on oscillating magnetic fields for mobile device charging, wireless batteries, retail packaging, lighting, EV and HEV wireless charging, in-vehicle mobile device charging and others, enabling wireless power transfer over distance using magnetic resonance.

Website:

www.witricity.com

Ownership Status

Privately held (backing)

Financing Status

Venture Capital-Backed

Primary Industry

Electronic Components

Other Industries

General Purpose Semiconductors
Connectivity Products

Primary Office

57 Water Street Watertown, MA 02472United States +1 (617) 926-2700
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WiTricity Valuation and Funding

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Deal TypeDateAmountRaised to DatePost-ValStatusStage

WiTricity Investors (17)

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Investor NameInvestor TypeHoldingInvestor SinceParticipating RoundsBoard
Seat
Contact
Info
ACE & CompanyPE/BuyoutMinority000 0000000 0000
Argonaut VenturesVenture CapitalMinority000 0000000 0000
Chartline Capital PartnersVenture CapitalMinority000 0000000 0000
Delta ElectronicsCorporationMinority000 0000000 0000
Foley VenturesVenture CapitalMinority000 0000000 0000
ACE & Company PE/Buyout
Argonaut Ventures Venture Capital
Chartline Capital Partners Venture Capital
Delta Electronics Corporation
Foley Ventures Venture Capital

WiTricity Executive Team (17)

NameTitleBoard
Seat
Contact
Info
Donald Peck JDChief Financial Officer
Morris Kesler Ph.DChief Technology Officer
John Joannopoulos Ph.DAdvisor & Co-Founder
Peter Fisher Ph.DAdvisor & Co-Founder
Marin Soljačić Ph.DCo-Founder, Board Member & Advisor
Donald Peck JD Chief Financial Officer
Morris Kesler Ph.D Chief Technology Officer
John Joannopoulos Ph.D Advisor & Co-Founder
Peter Fisher Ph.D Advisor & Co-Founder
Marin Soljačić Ph.D Co-Founder, Board Member & Advisor

WiTricity Board Members (5)

NameRepresentingRoleSinceContact
Info
Alexander GruzenSelfBoard Member & Chief Executive Officer000 0000
Anil KhatodSelfBoard Member000 0000
Eric GilerSelfBoard Member000 0000
Leonard BarbieriStata Venture PartnersManaging Partner000 0000
Mary ChanSelfBoard Member000 0000
Alexander Gruzen Board Member & Chief Executive Officer Self
Anil Khatod Board Member Self
Eric Giler Board Member Self
Leonard Barbieri Managing Partner Stata Venture Partners
Mary Chan Board Member Self
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