The wireless phone charger manufacturer has secured $10m in the form of a convertible note, with William Morris Endeavor among the investors.
US-based wireless technology developer UBeam has received $10m in convertible note financing from investors including WME Ventures, the investment vehicle of talent agency William Morris Endeavor, TechCrunch reported yesterday.
Several private investors also contributed capital to the round. Sources told TechCrunch in April that UBeam planned to raise up to $50m in a series B roundvalue it at $500m.
Coffee chain Starbucks, airline Virgin Airlines, hotel operator Starwood Hotels and several fast food companies are also in talks to invest…
