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Energy Tech Series A Founded 2003

Powercast

Powercast develops wireless power technologies that enable battery-free operation for IoT devices, sensors, and edge computing infrastructure. The company offers the industry's most versatile wireless power toolkit spanning from microwatts to kilowatts, including RF energy harvesting, SmartInductive, magnetic resonance, and Lifetime Power technologies. Powercast's EDGE platform delivers scalable, battery-free power…

📍 Pittsburgh, United States · Electric Vehicles,

Funding snapshot

Last roundSeries A
Amount$10M
Date30 March 2007
Total raised$10M
Team size54

About

Powercast develops wireless power technologies that enable battery-free operation for IoT devices, sensors, and edge computing infrastructure. The company offers the industry's most versatile wireless power toolkit spanning from microwatts to kilowatts, including RF energy harvesting, SmartInductive, magnetic resonance, and Lifetime Power technologies. Powercast's EDGE platform delivers scalable, battery-free power where data is created, deploying once and scaling sustainably without batteries, wires, or service interruptions. Since 2003, Powercast has built a portfolio of over 300 patents and shipped more than 30 million units worldwide. Headquartered in Pittsburgh, Pennsylvania, the company has raised approximately $10M in Series A funding. Powercast differentiates itself by combining pioneering RF energy-harvesting roots with strategic partnerships across multiple wireless power technologies, providing a complete ecosystem from concept and prototyping through mass production for industries transitioning away from battery waste.

Business model

Energy Efficiency Tech > Energy Management System > Building Automation Systems > BEMS,

Electric Vehicles > Charging Solutions > Wireless Charging,

Energy Storage Tech > Charging > Devices > Wireless > RF Based,

Facility Management Tech > Building Management > Building Energy Management > HVAC,

Property Management Tech > Building Energy Management

Institutional investors

Ben Franklin Technology Partners Innovation Works MAG Ventures

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