# XpowerIt Tech

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/xpowerit-tech

- Industry: Semiconductors
- Headquarters: Chengdu, China
- Website: www.xpowerit.com
- Latest round: Series A (Sep 13, 2021)
- Investors on record: 5

## About

Established in 2015 and based in Chengdu, China, XpowerIt Tech is a semiconductor equipment company that focuses on medium and long-distance wireless power transmission technology and related systemized solutions. The company mainly involved in the field of smart home, smart wear, industry, agriculture and consumer electronics. The chairman and founder Prof. Yiqiang Yu has received a Ph.D. degree from the department of electronic and electrical engineering in Swansea University and published more than 60 academic papers in SCI. The company has more than 50 patents as of 2021.

The company main business is research, development and production of wireless charging products. The company has a self developed Richarge magnetic resonance wireless charging technology and provides smart wireless charging service platform, wireless charging and power supply smart furniture for customers.

The company plan to use the series A+ funding for improve the technology of over the air wireless charging, commercialize mass production and accelerate industry applications in the field of consumer electronics, industrial manufacturing and biomedical.

## Funding rounds

- Series A, Sep 13, 2021 — Chengdu B-Ray Media Co., Ltd., Dunhong Capital Management
- Series A, Jun 5, 2020 — China Merchants Capital
- Angel, Jun 29, 2017 — Tongde Panshi Asset Management, Keda Property Management (Shenzhen)

## Investors

- Tongde Panshi Asset Management (https://capitalatlas.ai/funds/tongde-panshi-asset-management) — Angel
- Keda Property Management (Shenzhen) — Angel
- China Merchants Capital (https://capitalatlas.ai/funds/china-merchants-capital) — Series A
- Chengdu B-Ray Media Co., Ltd. — Series A
- Dunhong Capital Management (https://capitalatlas.ai/funds/dunhong-capital-management) — Series A