Powermat Technologies
Latest round
- Series B
Last raised
- Dec 2021
Total raised
- $25M
Investors
- 2
About Powermat Technologies
Powermat Technologies Ltd.Founded in 2006 in Petah Tikva, Israel, Powermat Technologies Ltd. focuses on wireless power innovation., Ltd. and Hudson Sustainable Investments.Powermat specializes in innovative wireless power and charging solutions that cater to diverse industry needs. Their core offerings include the Powermat PMT family, which utilizes direct current (DC) power technology, and the Powermat PMQ family, compliant with the Qi wireless charging standard. These products facilitate seamless power delivery in various applications, including automotive, robotics, drones, telecommunications, medical devices, and consumer electronics. By employing a hybrid approach that combines magnetic induction and resonance, Powermat's technology offers substantial flexibility in design, allowing clients to customize solutions to meet specific requirements.Powermat generates revenue through strategic partnerships and business-to-business transactions with prominent companies across multiple sectors. The company’s revenue model typically involves direct sales of their wireless charging platforms to large enterprises, where clients integrate Powermat's technology into their own products or systems. Transactions often occur on a contractual basis, with terms negotiated to align with the project scope and client needs. For example, a major automotive client might engage Powermat to provide customized wireless charging solutions for their electric vehicle models, resulting in a multi-year contract that outlines specific deliverables and payment schedules.In December 2021, Powermat Technologies Ltd. The company is expected to focus on developing new products and expanding into new markets, specifically targeting regions in Asia and Europe by 2023.
Who invested in Powermat Technologies
2 investors across 1 round
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Funding rounds
Series B
Dec 15, 2021
Amount
$25M
Investors
Questions about Powermat Technologies
Who invested in Powermat Technologies?
Powermat Technologies has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Powermat Technologies raised?
Powermat Technologies has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Powermat Technologies last raise money?
Powermat Technologies's most recent round on record is a Series B, in Dec 2021.
What does Powermat Technologies do?
Powermat Technologies is a electronics company.
Where is Powermat Technologies headquartered?
Powermat Technologies is headquartered in Petah Tikva, Israel.
Which VCs invest in companies like Powermat Technologies?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Yufu Capital, ICBC Capital Management and Ningbo Tongshang Fund back electronics companies at Powermat Technologies's stage. Their profiles are linked below.
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