Oxford spinout Metaboards has the backing of Oxford Sciences Innovation as it targets revenue streams for its metamaterial-based wireless charging technology.
Metaboards, a UK-based wireless charging technology spinout from University of Oxford, raised $5m yesterday in a round led by university venture fund Oxford Sciences Innovation.
RT Capital Management and Woodford Investment Management also took part in the round.
Founded in 2016, Metaboards is developing a wireless charging system that could surpass today’s technologies, by removing the requirement for alignment between the charger and device, and by filling up multiple devices from a single charging point.
The system utilises so-called metamaterials,…
