Back to Mobile View
Subscribe to the CrunchBase Daily for the latest on Fundings, Acquisitions, and Startup Events

General Information

Offices

People

Chief Technology Officer
Chief Financial Officer
President and CEO
Vice President of Sales & Business Development, AIMM (Automotive, Industrial, Medical, Military)
Vice President of Sales & Business Development, Consumer Electronics
Board Member, Founder
Board Member
Director
Show All People

Funding

TOTAL $29M
FUNDING TOTAL $29M
Series B, 5/2008
Stata Venture Partners
Argonaut Partners
$4M
Series E, 10/2013
Intel Capital
Foxconn Technology Group
$25M

Tags

WiTricity

WiTricity Corp. was founded in 2007 to commercialize an exciting new technology for wireless electricity invented two years earlier at the Massachusetts Institute of Technology (MIT).

A team of physicists, led by Professor Marin Solja developed the theoretical basis for this novel method for wireless electric power transfer in 2005, and validated their theories experimentally in 2007. The magnetic fields of two properly designed devices with closely matched resonant frequencies can couple into a single continuous magnetic field.

Prof. Solja team showed how to use this phenomenon to enable the transfer of power from one device to the other at high efficiency and over a distance range that is useful for real-world applications. This âœstrong coupling” enables the devices to exchange energy via magnetism, and avoids the potential safety hazards and inefficiency often associated with radiated electro-magnetic energy. Their demonstration of wireless power transfer showed a 60 watt light bulb being illuminated from a power source over 2 meters away, and their results were published in the prestigious journal Science in July 2007.

Prof. Solja was recognized with a MacArthur Fellowship in September 2008, awarded by the John D. and Catherine T. MacArthur Foundation. In addition, his work was recognized as one of the Top Ten Emerging Technologies for 2008 by Technology Review, Top 100 Science Stories of 2007 by Discover Magazine, and cited in The New York Times Magazine: The Year in Ideas 2007.

Recent Milestones

  • Dollar
    WiTricity received $25M in Series E funding. (10/23/13)
    Posted 10/23/13 at 3:11am via finsmes.com
  • Check
    WiTricity — working with car battery maker Delphi Automotive LLC to develop automatic charging products for hybrid and electric vehicles (9/29/10)
    Posted 9/30/10 at 6:55am via masshightech.com
  • Check
    WiTricity added Eric Giler as President and CEO. (8/1/08)
    Posted 9/2/13 at 12:31am
  • Dollar
    WiTricity received $4M in Series B funding. (5/19/08)
    Posted 6/4/09 at 8:13pm via innoeco.com
  • Check
    WiTricity added Marin Soljacic as Board Member, Founder.
    Posted 9/30/13 at 2:07pm

Videos

Screenshots

WiTricity screenshot
Above: WiTricity
Uploaded: 6/5/09

Sources

  1. An Update on WiTricity, the Wireless Power Company (innoeco.com) [edit]
  2. WiTricity Secures $25M in Series E Financing (finsmes.com) [edit]
  3. WiTricity working with Delphi on wireless car charger (masshightech.com) [edit]
Edit This Page
Last Edited 3/31/14

Revision History RSS Picture

Sharing

Share this page on Twitter or Facebook:
Or copy this code to embed a widget: customize »

External Links

CrunchBase API

Sponsors



Become a Sponsor
Terms of Service | Privacy Policy | Licensing Policy