logo
Wi-Charge Secures $20 Million to Expand World's First Commercial Wireless Power Platform

Wi-Charge Secures $20 Million to Expand World's First Commercial Wireless Power Platform

National Post15-05-2025

Article content
With over-the-air wireless power now live in global markets, Wi-Charge will use the new funding to scale production, fast-track OEM integrations, and meet growing partner demand.
Article content
Article content
TEL AVIV, Israel — Wi-Charge, the global leader in long-range wireless power, today announced it has raised $20 million in Series C funding led by Standard Investments, the related investment platform of the global industrial company Standard Industries, with participation from existing investors and new investors, including the prestigious EIC Fund, the investment arm of the European Innovation Council. The investment will accelerate Wi-Charge's commercial rollout and expand its footprint across hospitality, smart home, commercial, retail, mobile device, and the fast-growing AR and wearables sectors.
Article content
This funding follows a series of commercial product launches that signal Wi-Charge's transition from research and development to real-world deployment. In recent months, the company has introduced multiple wirelessly powered display solutions, including the Wi-Poster, a 31-inch large-format color E-Ink display; Nine-inch Wirelessly Powered LCD Video Displays for retail, which bring video content directly to the point of purchase; and the first-of-its-kind digital out-of-home solution, over-the-air powered for retail environments. These launches expand the portfolio of products supported by Wi-Charge wireless power, including smart home devices like Alfred smart locks, and highlight both the versatility of Wi-Charge's technology and its readiness to scale across multiple industries.
Article content
'Wi-Charge is at an inflection point with innovative technology, strong IP, and market timing converging,' said Peter Marturano, Technology Sector Head at Standard Investments. 'We believe Wi-Charge is uniquely positioned to lead the transformation to a wireless power future, and we're excited to support the team as they scale to meet the potential for vast global demand.'
Article content
Backed by more than 200 patents and over a decade of research and development, Wi-Charge is the first company to deliver and commercialize true over-the-air wireless power. Its proprietary, physics-based approach has enabled the company to overcome barriers that have stalled others in the space. With proven applications across smart home, hospitality, consumer electronics, retail, and digital signage, Wi-Charge is ready to power the next generation of connected devices.
Article content
'Wireless power has been an impossible dream for so long—and now it's real. Deployed in the US, Europe and Asia, it is being used successfully by small and major brands, powering different devices from 30 feet away,' said Ori Mor, Co-Founder and Chief Business Officer of Wi-Charge. 'When people see it in action, there's this moment when it clicks. Suddenly, what seemed like science fiction becomes reality, and cables immediately seem cumbersome and outdated. We're seeing a wave of OEMs quickly moving to integrate wireless power, recognizing the value of offering freedom from wires and battery charging. This funding helps us move faster and scale to meet these new demands.'
Article content
The Series C round will help scale manufacturing, accelerate OEM integration, build out global distribution, and scale the commercialization team. With additional product launches and partnerships already in the pipeline, Wi-Charge is rapidly becoming the foundation for a wirelessly powered future.
Article content
'We're unlocking a new era of truly wireless living—eliminating cables and batteries, one product at a time,' said Mor. 'As AR glasses, next-gen mobile devices, and edge AI hardware go mainstream, they'll all need reliable, long-range power. This funding helps us move faster to meet that need—and to make sure our partners are leading the charge, not playing catch-up.'
Article content
Wi-Charge is a long-range wireless power company founded to enable automatic charging of cell phones and other smart devices. Our patented infrared wireless power technology can safely and efficiently deliver several watts of power to client devices over room-sized distances. Giving end-users freedom and product designers the power they need for the next generation of mobile smart devices, Wi-Charge is the power of the future, beyond batteries and power cords. For more information, visit http://www.wi-charge.com or follow us on LinkedIn.
Article content
Article content
Article content
Article content

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Top 3 AI Voice Agents Integrated with VoIP Telephony Zadarma For the First Time in Europe
Top 3 AI Voice Agents Integrated with VoIP Telephony Zadarma For the First Time in Europe

Globe and Mail

time36 minutes ago

  • Globe and Mail

Top 3 AI Voice Agents Integrated with VoIP Telephony Zadarma For the First Time in Europe

European telecom provider Zadarma has successfully integrated three of the leading AI-powered voice assistants into its cloud telephony and virtual PBX platform London, United Kingdom--(Newsfile Corp. - June 9, 2025) - Three major AI voice agents can now be fully integrated into the Zadarma cloud-based phone system. This means businesses can start using AI-powered voice assistants in their daily communications. This is the first time this kind of integration has been done on a large scale in Europe. The integration allows combining live human support with the AI, within the Zadarma's free virtual PBX system (Cloud PBX). Businesses can easily route calls to the appropriate AI voice agent by simply transferring the call to the corresponding extension, just like they would transfer it to a human colleague. This allows businesses to gradually delegate certain tasks to the AI. Additionally, the AI agent can also transfer calls to a human team member when needed. AI-powered voice bot can automatically interact with customers and execute certain tasks without human agent involvement. It can also receive calls if all other agents are busy or unavailable, or be used as one of the agents, participating in a call flow. The integration is compatible with existing PBX infrastructure. This means no major changes are needed in the PBX configuration. User-friendly setup guides are available. All three AI voice agents can now be integrated with the Zadarma's platform, supporting inbound and outbound calls, participation in call queues, handling calls during off-hours and holidays, and more. AI-powered voice agents are made using some of the most popular chat AI platforms. Businesses can choose the technology that suits their needs. Each voice agent can match a company's communication style, objectives, and tone of voice. One of the biggest advantages of these AI agents is their adaptability. Businesses can define the information the agent uses. This allows the AI to sound like the brand. The setup doesn't require advanced technical knowledge. This means AI technology is accessible to businesses of all sizes. Additionally, businesses can create different agents for different tasks. For example, one for sales inquiries and another for technical support. This flexible way of adding AI gives businesses more control, better results, and makes automation easier. Integrating the phone system with AI-powered voice assistants is a major step forward for companies looking to improve their communication without extra costs. Businesses can now reduce workloads for their employees with just a few clicks. Adding an extra agent to the team has never been easier. What once seemed like fiction has now become reality. About Zadarma Established in 2006, Zadarma is an independent VoIP provider operating globally, with offices located in Burgas (Bulgaria), London (UK), Wroclaw (Poland), and Valencia (Spain). With seven main data centers spread across seven countries on three continents, Zadarma focuses on offering reliable cloud communication services for businesses and individuals around the world. Their services include virtual phone numbers in over 100 countries, worldwide calling, a cloud-based PBX system, CRM, and a wide range of communication tools developed in-house. Supporting eight languages and offering multilingual technical support, Zadarma makes it easy for users around the globe to stay connected.

Can TJX's Global Expansion Plan Unlock its Next Growth Phase?
Can TJX's Global Expansion Plan Unlock its Next Growth Phase?

Globe and Mail

timean hour ago

  • Globe and Mail

Can TJX's Global Expansion Plan Unlock its Next Growth Phase?

As The TJX Companies, Inc. TJX maintains its stronghold in U.S. off-price retail, the spotlight is now turning to the global expansion strategy as a potential engine for long-term growth. On the first-quarter fiscal 2026 earnings call, TJX emphasized continued momentum in international markets, particularly in Europe, Canada and Australia, and a planned market entry into Spain in 2026 through its TK Maxx banner. Comparable sales in TJX International rose 5% during the quarter, with Australia singled out for 'outstanding' performance and TJX Canada also posting a solid 5% increase. The TJX Companies is also deepening footprint in emerging markets through the joint venture with Grupo Axo in Mexico and a strategic investment in Brands For Less, strengthening its presence in the Middle East. With a well-established global sourcing network spanning more than 100 countries and a highly flexible merchandising model, The TJX Companies appears well-positioned to replicate its U.S. success across geographies. Management reaffirmed that its off-price value proposition, branded goods at everyday low prices, resonates across customer demographics and international markets alike. These attributes, coupled with the brand's adaptability and treasure-hunt appeal, form the foundation for what could be The TJX Companies' next major growth chapter abroad. How Are BURL & COST Approaching Expansion Compared With TJX? While TJX is betting on international expansion for growth, both Burlington Stores, Inc. BURL and Costco Wholesale Corporation COST are scaling through different store expansion strategies. Burlington plans to open 100 net new stores in fiscal 2025, with additional momentum from acquiring 46 JOANN Fabrics leases for fiscal 2026. Burlington's strategy capitalizes on real estate availability and supports the Burlington 2.0 framework for long-term growth and store productivity. Costco is expanding its international footprint with nine warehouse openings during the third quarter of fiscal 2025, on track to reach 914 global locations. This expansion reflects Costco's broader strategy to enhance member experience, strengthen its global footprint and drive long-term value through continued investment in new locations and operational efficiency. TJX's Price Performance, Valuation and Estimates Shares of The TJX Companies have risen 9.6% in the past three months compared with the industry 's growth of 8.9%. From a valuation standpoint, TJX trades at a forward price-to-earnings ratio of 27.77X, below the industry's average of 33.53X. Image Source: Zacks Investment Research The Zacks Consensus Estimate for The TJX Companies' current fiscal-year sales and earnings per share implies year-over-year growth of 4.4% and 4.7%, respectively. TJX stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Zacks Names #1 Semiconductor Stock It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom. With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028. See This Stock Now for Free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The TJX Companies, Inc. (TJX): Free Stock Analysis Report Burlington Stores, Inc. (BURL): Free Stock Analysis Report

Apple faces AI delays, court challenges as annual developer conference begins
Apple faces AI delays, court challenges as annual developer conference begins

Globe and Mail

time3 hours ago

  • Globe and Mail

Apple faces AI delays, court challenges as annual developer conference begins

Apple AAPL-Q is facing an unprecedented set of technical and regulatory challenges as some of its key executives are set to take the stage on Monday at the company's annual software developer conference. On the technical side, many of the long-awaited artificial intelligence features Apple promised at the same conference a year ago have been delayed until next year, even as its rivals such as Alphabet's Google and Microsoft woo developers with a bevvy of new AI features. Those unfulfilled promises included key improvements to Siri, its digital assistant. On the regulatory front, courts in the U.S. and Europe are poised to pull down the lucrative walls around Apple's App Store as even some of the company's former supporters question whether its fees are justified. Those challenges are coming to a head at the same time U.S. President Donald Trump has threatened 25 per cent tariffs on Apple's best-selling iPhone. Can OpenAI really go the way of Apple and capture lightning in a bottle? Apple's shares are down more than 40 per cent since the start of the year, a sharper decline than Google and also lagging the AI-driven gains in Microsoft shares. Apple has launched some of the AI features it promised last year, including a set of writing tools and image-generation tools, but it still relies on partners such as ChatGPT creator OpenAI for some of those capabilities. Bloomberg has reported that Apple may open up in-house AI models to developers this year. But analysts do not believe Apple yet has what technologists call a 'multi-modal' model – that is, one capable of understanding imagery, audio and language at the same time – that could power a pair of smart glasses, a category that has become a runaway hit for Meta Platforms. Google said last month it would jump back in to this category, with partners. Such glasses, which are far lighter and cheaper than Apple's Vision Pro headset, could become useful because they would understand what the user is looking at and could help answer questions about it. While Apple has focused on its US$3,500 Vision Pro headset, Google and Meta have seized on the smart glasses as a cheaper way to deploy their AI software prowess against Apple in its stronghold of hardware. Meta Ray-Bans all sell for less than US$400. Analysts say Apple needs to answer that challenge but that it is not likely to do so this week. 'I'm not trying to replace my phone – this is a complementary thing that gives me more world context, because it's got a camera and it sees what I see, and I can talk to it in natural language,' said Ben Bajarin, CEO of technology consultancy Creative Strategies. 'Apple is not positioned to do that.' To be sure, Apple's rivals are not decisively ahead in smart glasses. Anshel Sag, principal analyst with Moor Insights & Strategy, said Meta's Ray-Bans still lack some features and Google has not yet landed its 'Gemini' model in a mass-market pair of glasses yet. 'Meta has the undisputed lead, but Google is catching up fast and probably has the best-suited AI for the job,' Sag said. 'Vision Pro is great, but it's a showroom product that developers can use.' But Bob O'Donnell, CEO of TECHnalysis Research, said it remains far from clear that smart glasses will gain wide acceptance. O'Donnell also said it is not certain that Apple is at any particular disadvantage if it partners with a company such as Google, OpenAI or even a smaller firm like Perplexity for core AI technology. So far, O'Donnell said, there is not yet strong evidence that consumers are basing major hardware-purchasing decisions on AI features. 'There's an argument to be made that it's OK that [Apple] is behind because, except for the bleeding edge, most people don't care,' O'Donnell said.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store