UW spinout WiBotic lands $2.5M to build technology that charges drones and robots wirelessly

University of Washington spinout WiBotic, which is building technology that wirelessly powers drones and other robotic devices, has raised $2.5 million in a new funding round.

The round is led by Tsing Capital, a Chinese fund management company, and includes investments from Comet Labs and Digi Labs as well as follow-on investments from W Fund, WRF Capital and Wisemont Capital. WiBotic, originally founded within the UW’s electrical engineering and computer science departments, will use the funds to enhance product development and beef up sales and marketing activities.

Original Website:http://www.geekwire.com/2017/uw-spinout-wibotics-lands-2-5m-to-build-chargers-for-drones-and-robots-aiming-to-reduce-the-need-for-human-maintenance/