Developer of Self-Powered Wireless Device IoT Platform Secures Series B Funding
PsiKick, developer of a self-powered wireless device platform, secured $16.5 million in Series B financing, it said Wednesday. Funding was led by Osage University Partners and joined by existing investors New Enterprise Associates, the University of Michigan Investment in New…
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Technologies Fund and angel investors. PsiKick said its technology building blocks -- wireless connectivity, robust node computation and energy harvesting -- enable scalable “batteryless” IoT. Series B funding will be used to hire additional engineers to develop completely batteryless systems to solve “high impact problems that can’t be solved today,” the company said.