PsiKick is a start-up that is working towards creating self-powered sensing solutions. Their systems-on-chips operate at up to 1,000x lower power than existing state-of-the-art “low power” solutions. They have recently announced a $16.5M Series B financing round, led by Osage University Partners and joined by existing investors New Enterprise Associates (NEA), the University of Michigan Investment in New Technologies Fund (MINTS) as well as individual angels. This brings total funding raised by the Company to over $22M.
Prior to this funding round, PsiKick created a platform of fundamental technologies for wireless devices that are entirely self-powered. Those building blocks include the world’s most efficient wireless connectivity, robust node computation and energy harvesting to enable a highly scalable batteryless IoT. This Series B financing will allow them to continue hiring leading IoT engineering talent and developing completely batteryless systems based on these fundamental technologies.
Learn more about PsiKick's technology here - http://www.psikick.com/technology/
