KPCS Ventures Announces Funding to Scale-Up WiGL

KPCS Ventures commits funds to promising innovation in the IoT space.
 
SCOTTSDALE, Ariz. - June 24, 2023 - PRLog -- KPCS Ventures, an IoT Gen Alpha owned premier private equity and real estate firm, today announced their commitment to a funding round in technology developer WiGL. This is the umbrella technology creating the future for smart, touchless, networked wireless power. This funding allows WiGL to continue their efforts to create a network of targeted energy to power or recharge the Internet of Things ("IoT"). WiFi gets you wireless internet, WiGL gets you wireless power.

KPCS Ventures partners with amazing entrepreneurs solving the world's biggest problems in real estate, media, and technology. Their focus is on pre-seed and seed. Primarily sector agnostic with an appetite for deep tech. KPCS Ventures strongly prefers companies with their initial go-to-market in North America.

"WiGL has developed one of the most promising innovations in the IoT space that I've seen - a problem solving, clean-label, networked wireless power source," said Christopher Scheideler, Chief Growth Officer at KPCS Ventures. "WiGL has everything in the right place for their technology to appear around the world, and our injection of capital will help support this mission-driven company to accelerate its growth."

"This is one of many fundings in the IoT space we have made that we are extremely optimistic about. This technology is the future and we recognized that immediately," said Scheideler.

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Tags:Private Equity
Industry:Technology
Location:Scottsdale - Arizona - United States
Subject:Projects
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Page Updated Last on: Jun 24, 2023
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