Round Type
Funding Round
WatertownEnergyHardwareSustainabilityMobileTransportationDescription
Siemens invests $25 million and acquires a minority stake in U.S.-based WiTricity, a wireless charging technology company. Siemens and WiTricity will work together to drive innovation in the emerging market for wireless EV charging. This market is expected to reach $2 billion by 2028 in Europe and North America alone, according to Siemens' calculations. The two companies seek to bridge the gaps in the global standardization of wireless charging for electric passenger and light duty commercial vehicles, to enable interoperability between vehicles and infrastructure, as well as support market penetration
Quick answer
Wi Tricity raised an undisclosed amount in a Funding Round round, dated June 9, 2022. Wi Tricity is based in Watertown, South Dakota, United States.
- How much did Wi Tricity raise?
- Wi Tricity raised an undisclosed amount in a Funding Round round on June 9, 2022.
- What does Wi Tricity do?
- WiTricity is the trailblazer in wireless charging for electric vehicles, leading the development and implementation of magnetic resonance technology across passenger and commercial vehicles alike.
- Where is Wi Tricity based and how big is it?
- Wi Tricity is based in Watertown, South Dakota, United States.
- Who are the decision-makers at Wi Tricity?
- Fundz holds 1 contact at Wi Tricity, including the Program Chair. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Hardware around the same time
Companies in the same sectors as Wi Tricity that raised within 45 days of this round, from Fundz verified event records.
- Charge Lab raised $15M (Funding Round) on May 19, 2022.
- FREEWIRE TECHNOLOGIES, INC. raised $15M on May 11, 2022.
- Vecino Energy Partners raised $200M on July 19, 2022.
- FlexGen Power Systems raised $100M (Series C) on July 19, 2022.
- Blackbuck Resources raised an undisclosed amount (Funding Round) on July 18, 2022.
- Xpansiv raised $400M on July 6, 2022.
Who to call at Wi Tricity, and when
A new round usually means Wi Tricity is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Wi Tricity raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Wi Tricity, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Wi Tricity. With Fundz connected, it knows.
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Fundz sees it the moment Wi Tricity raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Wi Tricity raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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