Thursday, March 12, 2020

Mica Energies Gets Seed Funding

Irvine-based Mica Energies announced Wednesday afternoon that it has received a seed funding, and says it is working on a "proof of concept" for ite technology, focused on harvesting radio frequencies from the environment. Source and amount of that seed funding was not announced. The company claimed that the seed funding values the company at $39M. Mica Energies claims that it is working on technology that will allow for the charging of a smartphone battery while it is in a pocket or inside a building, by absorbing radio frequencies.