Chargifi, an innovator in intelligent wireless charging deployments, today announced the completion of a $2.7m Series A funding at the Intel Capital Global Summit 2015 in San Diego. Intel Capital joins Techstars, R/GA Ventures and Streetcar (ZipCar) founder Brett Akker as investors in the London-based start-up.
This investment will accelerate Chargifi’s international deployment plans, helping to enable consumers to wirelessly charge mobile devices in an increasing number of public venues. This investment will also be used to expand the Chargifi team and to further develop the company’s intellectual property.
Combining the latest wireless charging technology and enterprise software, Chargifi offers the next level of user experience for consumers and venues alike. Chargifi powers devices using magnetic resonance, which allows for greater positional freedom than traditional inductive charging techniques. Furthermore, the Chargifi platform provides powerful network management tools for venues to control their wireless charging systems and realise a return on their investment. For end users, Chargifi provides mobile applications,that enables users to find their nearest Chargifi location and unlock digital experiences in select locations.
“Intel wants to free all client computing devices from wires, which are a major end user pain point and have significant environmental impact,” said Sanjay Vora, Vice President of User Experiences at Intel. “The products and services from Chargifi represent a key building block in the wireless charging ecosystem that help solve problems for consumers and public infrastructure partners. We are excited to collaborate with Chargifi to make the wireless charging vision a reality.”
Headquartered in London, with regional offices in New York and San Francisco, two year old Chargifi has distribution and license partners across a further eight markets including Singapore, Hong Kong, India and the United Arab Emirates.
Dan Bladen, Chargifi’s Founder and CEO, came up with the idea after spending six months travelling around the world with his wife in late 2012. He realised that they made strategic decisions about the places they visited because of the availability of power sockets, so they could recharge and reconnect with friends and family back home. Dan noted that if they had gone travelling in 2006, they would have a connection problem: WiFi wasn’t as ubiquitous as it is today. Now, the problem was power – simply staying charged.
Power is widely regarded as the holy grail for mobile devices, it is the fuel on which all other digital experiences rely. Venues that can influence how and when their customers get access to power can influence the rest of their digital and physical journey.
“This relationship with Intel” remarks Bladen, “is a profound indicator that the market is ready for wireless charging on a global scale. The Chargifi team has not only the backing from one of the world’s premier venture capitalists, but also has the right approach to the market at large. With Intel’s commitment to providing wireless charging in future platforms, Chargifi is now primed to deliver the next era of service for public places.”
Chargifi is a wireless charging network provider, using power as a platform for enhancing people’s everyday experiences. From coffee shops, to hotels, restaurants and airports, ‘Chargifi Spots’ form an intelligent network giving people access to power for mobile devices where and when they need it most. Chargifi is an active member of the AirFuel Alliance. For more information about how Chargifi can enhance your customer’s experience and ensure you never run of power again visit. www.chargifi.com and follow @Chargifi
About Intel Capital:
Intel Capital, Intel’s strategic investment and M&A organization, backs innovative technology startups and companies worldwide. Intel Capital invests in a broad range of hardware, software, and services companies targeting computing and smart devices, cloud, datacenter, security, the Internet of Things, wearable and robotic technologies and semiconductor manufacturing. Since 1991, Intel Capital has invested nearly US$11.6 billion in over 1,400 companies in 57 countries. In that timeframe, 213 portfolio companies have gone public on various exchanges around the world, and 373 were acquired or participated in a merger. Through its business development programs, Intel Capital curates thousands of meetings each year between its portfolio and Intel’s partners in the Global 2000. For more information on what makes Intel Capital one of the world’s most powerful venture capital firms, visit www.intelcapital.com or follow @Intelcapital.