Tech Company Financing Transactions
Powermat Funding Round
On 12/16/2021, Powermat announced $25 million in Series B funding from Foxconn Technology Group, Hudson Sustainable and private investors.
Transaction Overview
Company Name
Announced On
12/16/2021
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Series B
Investors
Foxconn Technology Group (Lead Investor)
Hudson Sustainable (Lead Investor)
Proceeds Purpose
The current Series B will be used to fund the company's increased growth and penetration in key customer segments, including automotive, micromobility, and autonomous robotics.
Company Information
Company Status
Private & Independent
Industry
Electronics
Mailing Address
2885 Sanford SW 40939
Grandville, MI 49418
USA
Grandville, MI 49418
USA
Phone
Website
Email Address
Overview
The company has created the Powermat Wireless Charging System for iPhone 4 (AT&T and Verizon Compatible).
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Elad Dubzinski
Chief Financial Officer
Ziv Leitman
Chief Operating Officer
Ma'ayan Rotem
Chief Technical Officer
Itay Sherman
VP - Bus. Development
Moshe Johary
VP - Human Resources
Anat Nichko
VP - Product Management
Aya Kantor
VP - Sales
Benny Einhorn
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