“Prior to Series B, PsiKick created a platform of fundamental technologies for wireless devices that are entirely self-powered,” said Brendan Richardson, CEO of PsiKick. “We solved some pretty big challenges that have limited the reach of IoT devices and systems. 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 us to continue hiring leading IoT engineering talent and developing completely batteryless systems based on these fundamental technologies. We’re solving high impact problems that can’t be solved today.”
The efficiency of PsiKick’s ultra-low power circuit technology is said to enable the wireless sensor nodes to power themselves entirely from energy harvesting via sources such as indoor and outdoor solar, thermal gradients, RF and vibration. This means the sensors can be smaller and last a longer than battery powered devices.
“We’ve been really impressed with PsiKick’s technology for some time now,” said Marc Singer, managing partner of Osage University Partners. “The company’s vision for the next wave of computing and the IoT is incredibly exciting and PsiKick’s self-powered wireless sensor systems will be fundamental to achieving the full promise of the IoT.”
As part of the Series B financing, Marc Singer will join PsiKick’s Board of Directors.
