
Seattle-based Wibotic says it’s secured $5.7 million in fresh investment to ramp up development of its wireless charging and power optimization systems, five years after being spun out from the University of Washington.
“We’re heading into our toddler phase here,” WiBotic CEO Ben Waters joked during an interview with GeekWire.
Investors in the Series A funding round include Junson Capital, SV Tech Ventures, Rolling Bay Ventures, Aves Capital, The W Fund and WRF. The latest round brings WiBotic’s total investment to nearly $9 million.