Energysquare raises €3M to create a new standard in wireless charging
Energysquare, a five-year-old French company creating a new generation of wireless chargers that will allow you to charge multiple devices at the same speed as classic chargers, has just announced a €3M fundraising round. The investment made by Partech will enable the company to accelerate their development in Asia and the United States, and to provide their customers with the best possible support on the spot.
"Leaders in the electronics industry have invested billions over the past decade, yet they have been struggling significantly with wireless charging," explains Timothée Le Quesne, CEO of Energysquare. "Today's solutions are not very user-friendly, they waste a lot of energy, and are much slower than a wire charger. With Power by Contact technology, we offer a radically different vision of wireless charging. Our goal is to bring to the market a new standard of wireless charging, based on a powerful conductive technology, without energy loss, and as fast as a conventional charge. All the advantages of cable, without the cable! "
Energysquare's Power by Contact is the wireless charging technology revolutionizing the workspace. Unlike the induction charging solutions currently on the market, Power by Contact, operating by conduction, is a concentrate of advanced microelectronics and algorithms that allow users to charge all their devices simultaneously on a single surface, at maximum speed, without electromagnetic waves.
With this technology, office workspaces can be reimagined, as it facilitates the more convenient movement from one workstation or meeting room to another, without having to be preoccupied with the battery level of any of your electronic devices (computer, mobile, wireless headphones, etc.).
Prior to this financing round, Energysquare signed a technological partnership with Chinese industrial giant Lenovo, to explore integration into their new laptop models. Energysquare was also able to impress Partech, who led the round, as Alison Imbert, Investment Director at Partech, explains: "When Timothée and Daniel came to present their technology and strategy, we were all very impressed by what this young team had managed to develop in a few years when electronic giants have been persistently pursuing induction-based technologies for decades, without being able to develop a viable technology. It's an incredible feat on the part of this team to have taken up the challenge of conduction totally at the opposite end of the market, creating a 100% functional technology and then convincing a major industrialist in such a short time."