Stage 1 Ventures led the latest round for the wireless charging technology provider, a spinout of Massachusetts Institute of Technology.

WiTricity, a US-based provider of wireless energy transfer technology spun out of Massachusetts Institute of Technology (MIT), has raised $34m in a round led by venture capital firm Stage 1 Ventures. The round also featured Mitsubishi Corporation (Americas), a subsidiary of Japan-headquartered conglomerate Mitsubishi, and Air Waves Wireless Electricity, a vehicle for Kenneth Horowitz, co-founder…

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