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DateInvestorsAmountRound
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N/A

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$5.0m

Series B

$80.0m

Series C
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$25.0m

Valuation: $400m

Series B
Total Funding€100m

Recent News about Powermat Technologies

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More about Powermat Technologies
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Powermat Technologies is a global leader in the wireless charging industry, providing comprehensive solutions for businesses looking to incorporate wireless charging into their products. The company operates in various markets, including consumer electronics, automotive, robotics, drones, medical devices, IoT, telecom (particularly 5G applications), and industrial applications.

Powermat's business model is centered around providing turnkey solutions, from design to production, for businesses seeking to integrate wireless charging technology into their products. This includes system hardware design, integration, and support, as well as guidance through the Qi-qualification approval process.

The company has a robust patent portfolio, with over 200 patent submissions and over 150 granted patents dating back to 2007. This intellectual property has been leveraged by global market leaders such as Samsung, LG, General Motors, Flex, Harman International, and Kyocera, who have adopted and fully integrated Powermat's wireless charging technology into their products.

Powermat generates revenue through the sale of its wireless charging platforms and licensing its patented technology to other businesses. The company's emphasis on innovation and unique solutions for various use-cases positions it well in the growing wireless charging market.

Keywords: Wireless Charging, Consumer Electronics, Automotive, Robotics, Drones, Medical Devices, IoT, Telecom, Industrial Applications, Licensing.

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Investments by Powermat Technologies

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PowerKiss
ACQUISITION by Powermat Technologies May 2013