28 Dec '15, 2pm

Startup Raises Funds for Battery-Less IoT - EE Times

Startup Raises Funds for Battery-Less IoT - EE Times

LONDON—PsiKick Inc. (Charlottesville, Virginia), a semiconductor startup formed to work on sub-threshold voltage operation wireless circuits, has raised $16.5 million in Series B financing led by Osage University Partners and joined by existing investors. The company was founded by professors at University of Virginia and the University of Michigan in 2012 and raised a Series A round of finance in 2014 reported to be worth $5.25 million. This brings total funding raised by the company to more than $22 million. The startup has designed a proof-of-concept wireless sensor node system-chip using conventional EDA tools and a 130nm mixed-signal CMOS that operates with sub-threshold voltages and opening up the prospect of self-powering Internet of Things (IoT) systems. The company has claimed that its proof-of-concept chip design would consume between 100 and 1000 times less than...

Full article: http://www.eetimes.com/document.asp?doc_id=1328565

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