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 and various industries. The company's core technology involves Qi-certified inductive wireless charging, which it integrates into solutions for automotive, robotics, drones, consumer electronics, medical devices, IoT, telecommunications (5G), and industrial applications. With over 143 granted patents, Powermat serves a broad market by enabling businesses to incorporate advanced wireless charging into their products and customize solutions for specific use cases.
Strategic signal
In April 2025, Powermat Technologies signed a patent license agreement with Panasonic Automotive Systems Co. Ltd. This strategic partnership signals a significant expansion of Powermat's advanced wireless power solutions into the automotive sector, reinforcing its position as a key technology provider for major industry players and indicating potential for broader adoption of its patented technologies.
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.