About Powermat
Powermat is a company based in Petah Tikva (Israel) founded in 2006 by Ran Poliakine. Powermat has raised $107.5 million across 7 funding rounds from investors including Goldman Sachs, General Motors and Foxconn Interconnect Technology. Powermat has completed 1 acquisition, including PowerKiss. Powermat operates in a competitive market with competitors including Resonant Link, WiBotic, Salcomp, NuCurrent and Eggtronic, among others.
- Headquarter Petah Tikva, Israel
- Founders Ran Poliakine
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Sectors
Transportation, Automotive & LogisticsEnergy & Utilities
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Phone
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Website
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Social
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- Legal Name Powermat, Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$107.5 M (USD)
in 7 rounds
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Latest Funding Round
$25 M (USD), Series B
Dec 15, 2021
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Investors
Goldman Sachs
& 5 more
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Employee Count
Not available
- Investments & Acquisitions
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People of Powermat
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Funding Insights of Powermat
Powermat has successfully raised a total of $107.5M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $25 million completed in December 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Powermat
Powermat has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Goldman Sachs, General Motors and Foxconn Interconnect Technology.
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Sustainable investments are managed by this investment firm.
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Investment banking services are delivered across multiple financial sectors.
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Manufacturer of electronic components
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Investor details for Powermat
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Investments & Acquisitions by Powermat
Powermat has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include PowerKiss.
Investment portfolio details for Powermat
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Wireless charging system
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Complete acquisition details for Powermat
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Financial Statements - Powermat
Detailed financials for Powermat
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Powermat Comparisons
Peer comparison for Powermat
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Competitors of Powermat
Powermat operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Resonant Link, WiBotic, Salcomp, NuCurrent and Eggtronic, among others.
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Wireless charging solutions are provided via self-resonant structure technology.
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Wireless charging solutions for industrial robots are provided.
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Power supplies for mobile phones and electronic devices are manufactured.
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High-efficiency antennas for wireless charging are developed and supplied.
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Semiconductor-based wired and wireless chargers are manufactured by Eggtronic.
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Detailed competitors of Powermat
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Latest news on Powermat
Complete news archive for Powermat
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Frequently Asked Questions about Powermat
Powermat was founded in 2006 and raised its 1st funding round 5 years after it was founded.
Powermat is headquartered in Petah Tikva, Israel. It is registered at Petah Tikva, Central District, Israel.
Kfir Abuhatzira is the current CEO of Powermat.
Powermat is a funded company, having raised a total of $107.5M across 7 funding rounds to date.
Provider of induction-based wireless charging solutions. While customers use its app to charge their phones, businesses can send targeted and contextual information and updates to people on the go. It helps retailers to integrate charging spots at their stores. They have expertise in retrofit installations and their custom tools can drill into a wide range of surface types or countertops. The customer engagement platform monitors all charging spots across different locations. With the data gathered, retailers can derive fruitful analytics. Retailers can contact PowerMat to become a mobile-optimized venue. It also develops charging mats for devices. Apart from retailers, other users include universities, airports, and restaurants.
Powermat's top competitors include NuCurrent, Salcomp and ChargeSpot.
Powermat has made 1 acquisition, including PowerKiss.
Powermat has 6 investors. Key investors include Goldman Sachs, General Motors, Foxconn Interconnect Technology, Hudson Sustainable Investment Management, and Hudson Clean Energy Partners.