uBeam Raises $10 Million for New “Wireless Charging” tech

Founded by young UPenn Meredith Perry, the company uBeam made headlines yesterday after it announced $10 million in Series A funding. On the list of investors: Yahoo’s own Marisa Mayer, Mark Cuban, and a slew of other big tech names.

uBeam’s mission is to create a truly untethered wireless charging devices, wall-mounted transmitters that allow a user to charge their phone by simply being in the room. Though inductive pads and battery packs exist, uBeam’s innovation would allow for at-a-distance charging, with the capability to use the device simultaneously.