Company Overview
Snapshot
Founded in October 2006, Powermat Technologies operates with 11–50 employees and has raised a total of $110 million across three funding rounds from eight investors. The company received a Best of Sensors Award at the 2022 Sensors Converge Conference & Expo, highlighting its continued innovation in wireless power solutions.
Business overview
Powermat Technologies is a global provider of wireless charging platforms, specializing in bringing wireless power technology to consumers worldwide. The company's core technology involves Qi-certified inductive wireless charging, which it applies across diverse sectors including automotive, robotics, drones, consumer electronics, medical devices, IoT, telecommunications (5G), and industrial applications. With over 200 patent submissions, Powermat enables businesses to integrate advanced wireless charging into their products and develop customized solutions for various use cases.
Strategic signal
In August 2022, Powermat Technologies successfully settled a patent infringement lawsuit in its favor in the United States District Court regarding Qi products. This outcome validates the company's intellectual property in the wireless charging space and reinforces its market position, signaling to investors a strengthened competitive advantage and reduced legal risk.
Log in to access full profile ›Company Intelligence Q&A
- What was a significant recent recognition for Powermat Technologies?
- In June 2022, Powermat Technologies received a Best of Sensors Award at the 2022 Sensors Converge Conference & Expo, acknowledging its innovative wireless power solutions.
- What strategic partnership and investment did Powermat Technologies secure in December 2021?
- In December 2021, Powermat Technologies formed a strategic partnership and received an investment from Foxconn Interconnect Technology and Hudson Sustainable Group to further expand its wireless power leadership.
- What was the outcome of the patent infringement lawsuit in August 2022?
- In August 2022, the United States District Court settled in favor of Powermat Technologies in a Qi product patent infringement lawsuit, affirming the company's intellectual property rights.
- Which company selected Powermat's wireless technology for its new electric vehicle in December 2021?
- In December 2021, City Transformer selected Powermat's wireless technology to charge its new ultra-light foldable electric vehicle, designed for urban mobility.
- What new wireless charging solution did Powermat Technologies launch in May 2022?
- In May 2022, Powermat Technologies launched an innovative wireless power solution specifically designed for small IoT devices.