About WiTricity
WiTricity is a company based in Watertown (United States) founded in 2007 by Marin Soljacic. WiTricity has raised $146 million across 10 funding rounds from investors including Foxconn Electronics, Siemens and Delta Electronics.
- Headquarter Watertown, United States
- Founders Marin Soljacic
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Sectors
Transportation, Automotive & LogisticsEnergy & Utilities
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Email
Locked
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Phone
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Website
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Social
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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
$146 M (USD)
in 10 rounds
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Latest Funding Round
$63 M (USD), Series G
Jun 09, 2022
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Investors
Foxconn Electronics
& 13 more
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Employee Count
Not available
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People of WiTricity
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Funding Insights of WiTricity
WiTricity has successfully raised a total of $146M across 10 strategic funding rounds. The most recent funding activity was a Series G round of $63 million completed in June 2022. 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 WiTricity
WiTricity has secured backing from 14 investors, including institutional and venture fund investors. Prominent investors backing the company include Foxconn Electronics, Siemens and Delta Electronics.
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FutureShape is involved in shaping and building futures.
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Early-stage US companies are invested in by Stage 1 Ventures.
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Investor details for WiTricity
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Investments & Acquisitions by WiTricity
Investment portfolio details for WiTricity
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Financial Statements - WiTricity
Detailed financials for WiTricity
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Witricity Comparisons
Peer comparison for WiTricity
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Competitors of WiTricity
Detailed competitors of WiTricity
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Latest news on Witricity
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Frequently Asked Questions about WiTricity
WiTricity was founded in 2007.
WiTricity is headquartered in Watertown, United States.
Joe Benz is the current CEO of WiTricity.
WiTricity is a funded company, having raised a total of $146M across 10 funding rounds to date.
WiTricity was founded in 2007 in Watertown, United States, focusing on the electric vehicle sector. Magnetic resonance technology is utilized to enable wireless power transfer through a continuous magnetic field, achieving rates of 3.6-11 kW over significant distances. Ground-installed charging pads are provided, requiring vehicles to be positioned above them for operation. Solutions are designed for integration into EV infrastructure.
WiTricity has 14 investors. Key investors include Foxconn Electronics, Siemens, Delta Electronics, General Electric, and Mitsubishi Corporation.