Pasadena, California, Nov. 12, 2019: Auspion, Inc. – now GuRu Wireless, Inc. – has announced it had obtained US $15 million in Series A funding from Kairos Ventures and BOLD Capital Partners.
In a press release GuRu said that as the first company to offer room-scale, multi-watt, multi-device, safe wireless power-at-a-distance using
millimeter-wave technology (mmWave) , the startup will use the funds to complete commercialisation, obtain FCC approval of its first products and add new management and engineering talent.
“GuRu’s superior technology and its globally respected founders put GuRu far ahead of any other company in this category and made for an easy decision to lead this investment,” said board member Jim Demetriades, CEO and founder of Kairos Ventures, in a written statement. “The big difference is that GuRu’s technology actually works; they can actually charge from afar.”
GuRu’s technology is rooted in the lab of Professor Ali Hajimiri at the California Institute of Technology (Caltech). During the past decade, Hajimiri and his co-founders Florian Bohn and Behrooz Abiri developed radio-frequency systems capable of sending energy over distance, including collecting solar power in space and transmitting the energy wirelessly to Earth. Along the way, and with support from Kairos Ventures, Caltech sources, and other funding sources, the team developed multiple generations of its “novel” radio frequency (RF) systems, each of them more integrated and more powerful than its predecessor.
Since its founding in 2017, the company has transformed its core technology into commercially viable solutions while operating in stealth mode.
“We envision a world in which we are free from thinking about power for the machines we depend on because it’s always available,” said GuRu co-founder and CEO Florian Bohn in a written statement. “Our mission at GuRu is to invent that wireless future and make it ubiquitous.”
Image Credit: Guru