uBeam Raises $10 Million for Wireless Recharging



uBeam

Imagine never having to plug your smartphone or tablet into a wall charger again. That’s the goal of uBeam. The company is developing a new form of wireless battery charging technology and it’s gaining some significant interest.

uBeam has garnered $10 million in recent Series A investment funding. And the company has raised $12 million overall. All of this money is aimed at developing a technology that allows smartphones and tablets to be charged without being connected to a wall charger or even needing to be near one.

The technology would be different than previous wireless proposals using things like “magnetic resonance charging,” reports TechCrunch. Those earlier proposals would have still required the phone or other device to be in close proximity to the charger.

Instead, uBeam technology harnesses the power of ultrasonic sound waves to charge a battery.

These are waves that humans can’t hear but uBeam believes it has technology that can turn those unheard waves into energy. That energy can then be collected and converted into power to run smartphones, tablets and other devices.

uBeam would use a recharger resembling a typical protective phone case to recharge a phone or other mobile device. The recharger would not be connected via a plug or wire to any wall recharger but instead would be able to recharge a device whenever in range of a uBean transmitter.

uBeam founder Meredith Perry told the Wall Street Journal her company offers the only wireless charging system that is “safe, can generate power over a distance, is super-small, doesn’t interfere with communications systems, and is well within regulatory limits.”

The company plans to use the $10 million it raised to develop a consumer-friendly product to connect a smartphone or tablet to a transmitter that’s storing energy. The company has already hired 11 new employees to get a prototype of that device into production soon, according to TechCrunch.

In mid-September, uBeam Tweeted that it had “quadrupled in size” after making some hires to its engineering team.

The company is hoping to have a product in consumers’ hands in about two years.

uBeam attracted some big names with its most recent fundraising efforts. Zappos co-founder Tony Hsieh and sports mogul and “Shark Tank” regular Mark Cuban lead a long line of investors to contribute to the company’s latest round of funding. Other investors include Founders Fund, CrunchFund, Ludlow Ventures, Andreessen Horowitz, Marissa Mayer, Troy Carter, and Shawn Fanning.

Charge Photo via Shutterstock

7 Comments ▼

Joshua Sophy Joshua Sophy is the Assistant Editor for Small Business Trends and the Head of Content Partnerships. A journalist with 20 years of experience in traditional and online media, Joshua got his start in the rough and tumble newspaper business of Pennsylvania's coal region. He is a member of the Society of Professional Journalists and was a beat reporter covering daily news. He eventually founded his own local newspaper, the Pottsville Free Press, covering his hometown. Joshua supervises the day-to-day operations of Small Business Trends' busy editorial department including the editorial calendar and outgoing assignments.

7 Reactions
  1. anyone else concerned about long term exposure to ultrasonic waves? fda approval required?

  2. Very interesting idea, but Dean brings up a good point about FDA approval (or FCC depending on wavelength). If it works I’ll be a customer.

  3. Let’s face it. Wireless is in. This is the reason why bluetooth headphones and mouses are being sold. The same is true with chargers. I would love to be able to move my gadget even while it is charging.

  1. Pingback: uBeam Raises $10 Million for Wireless Rechargin...

  2. Pingback:

    uBeam Raises $10 Million for Wireless Rechargin...

  3. Pingback: uBeam Raises $10 Million for Wireless Rechargin...

Leave a Reply

Your email address will not be published. Required fields are marked *

*





Join us for this live event and invite your friends to discover business opportunities in the Zoho ecosystem!



Set a Reminder
No, Thank You