An Update on WiTricity, the Wireless Power Company
WiTricity is a new MIT spin-out hoping to make electricity just like WiFi -- beam it through the air, and allow all your electronics to "tune in." (I've previously covered them here.)
An update... they've got offices now in Watertown. They're hiring RF engineers. Right now, the company consists of "10 PhDs and me," according to CEO Eric Giler. ( Giler had previously been CEO of Groove Mobile and Brooktrout Technology.) Marin Soljacic, one of the original MIT researchers, remains involved. They got $4 million in Series A funding in the second quarter of this year, from Argonaut Private Equity and Stata Venture Partners.
Giler says they're building a "real world" prototype (IE, something that will work more reliably than the initial lab prototype), and they're beginning to talk to potential customers.
This is a potentially big company...keep an eye on them...
An update... they've got offices now in Watertown. They're hiring RF engineers. Right now, the company consists of "10 PhDs and me," according to CEO Eric Giler. ( Giler had previously been CEO of Groove Mobile and Brooktrout Technology.) Marin Soljacic, one of the original MIT researchers, remains involved. They got $4 million in Series A funding in the second quarter of this year, from Argonaut Private Equity and Stata Venture Partners.
Giler says they're building a "real world" prototype (IE, something that will work more reliably than the initial lab prototype), and they're beginning to talk to potential customers.
This is a potentially big company...keep an eye on them...
Labels: Argonaut Private Equity, Eric Giler, Marin Soljacic, MIT, Stata Venture Partners, wireless power, WiTricity
posted by Scott Kirsner at
5:27 PM
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