WiTricity  logo — Charge Happy. Wireless Charging for EVs.

WiTricity

Charge Happy. Wireless Charging for EVs.

Founded 2007 United States Watertown, United States 111 employees Venture round Total: $151.00M Energy, IT

General Information

Company Name WiTricity
Founded Year 2007
Location United States Watertown, United States
Founders / Decision Makers
Team member
Employees 111
Industries Energy, IT
Funding Stage Venture round
Social

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About WiTricity

WiTricity is a pioneering force in the domain of wireless charging for electric vehicles, with the slogan "Charge Happy. Wireless Charging for EVs." Since its establishment in 2007, WiTricity has been at the forefront of developing and implementing magnetic resonance technology across both passenger and commercial vehicles. The company's technology is underpinned by a robust patent portfolio and serves as the basis for globally recognized EV wireless charging standards, including SAE, ISO, and GB. Notably, major automakers and Tier 1 suppliers rely on WiTricity to facilitate the widespread adoption of EVs by eliminating the inconvenience associated with plug-in charging, thereby laying the groundwork for future autonomy. In August 2022, WiTricity secured a significant $63.00M Venture Round investment, underscoring the confidence of investors in the company's trajectory. The funding round saw participation from notable entities such as Stage 1 Ventures, Delta Electronics Capital, Japan Energy Fund, Mirae Asset Capital, Siemens, and Air Waves Wireless Electricity. As a United States-based entity, WiTricity's advancements in wireless EV charging technology and its robust investor backing position it as a noteworthy player in the transition towards sustainable and efficient mobility solutions.

Taxonomy: Wireless charging, Electric vehicles, Magnetic resonance technology, EV technology, Automotive technology, Wireless power transfer, Resonant power transfer, Electric vehicle infrastructure, Automotive innovation

Funding Rounds & Investors (9)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round $63.00M 6
Stage 1 Ventures, Delta Electronics Capital +4
09 Aug 2022
Venture Round $18.00M 1
Future Shape
23 Feb 2021
Venture Round $34.00M 3
Stage 1 Ventures, Mitsubishi Corporation +1
29 Oct 2020
Grant Undisclosed 1
BloombergNEF
09 Apr 2018
Series F $5.00M 1
Haiyin Capital
01 Apr 2015
Series E $25.00M 2
Intel Capital, Foxconn Technology Group
23 Oct 2013
Series A $4.00M 2
Stata Venture Partners (SVP), Argonaut Partners
19 May 2008
Series A $2.00M 1
Stata Venture Partners (SVP)
04 Dec 2007
Venture Round Undisclosed 1
Chartline
01 Jan 2007

WiTricity Alternatives & Competitors

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FAQ About WiTricity

Charge Happy. Wireless Charging for EVs.
WiTricity was founded in 2007.
WiTricity is headquartered in Watertown, United States.
WiTricity operates in Energy and IT. Its work centres on Wireless charging, Electric vehicles, Magnetic resonance technology and EV technology.
WiTricity has approximately 111 employees.
WiTricity has completed 9 funding rounds, raising a total of $151.00M. The latest funding stage is Venture round.
Top alternatives and competitors to WiTricity include Powercast Corporation, XNERGY|Wireless Charging for Electrified Mobility, Solace Power, Pirl Technology, Reach. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
WiTricity and Powercast Corporation are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for WiTricity , https://bouncewatch.com/company/witricity, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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