WiTricity

WiTricity Corporation specializes in wireless power solutions using magnetic resonance technology. Founded in 2007 and headquartered in Watertown, Massachusetts, the company develops and commercializes products for various applications, including mobile device charging, wireless batteries, retail packaging, and electric vehicle (EV) charging. WiTricity is a pioneer in wireless charging for electric vehicles, providing technology that facilitates hassle-free EV charging and supports the development of global standards for wireless EV charging. Its extensive patent portfolio underpins its innovations, which cater to diverse sectors such as consumer electronics, automotive, industrial, medical, and military. In addition to manufacturing its own solutions, WiTricity licenses its technology to original equipment manufacturers (OEMs), enabling them to create products that integrate wireless power transfer capabilities.

Joe Benz JD

CEO and Board Member

Alexander Gruzen

CEO

1 past transactions

Qualcomm Halo

Acquisition in 2019
Qualcomm Halo specializes in wireless electric vehicle charging (WEVC) technology aimed at facilitating the widespread adoption of electric vehicles. The company utilizes inductive charging, which enables the transfer of electricity through the air between magnetic coils embedded in the road and those installed in the vehicle. This innovative approach eliminates the need for physical connectors, providing a convenient and efficient charging solution that supports the growing demand for electric mobility. By focusing on this advanced charging technology, Qualcomm Halo seeks to enhance the infrastructure for electric vehicles and contribute to a more sustainable transportation future.
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