Samsung Investment wireless charging company Powerbyproxi

Phoenix Science and technology news Beijing time September 30, according to Science and technology blog AllThingsD reported, wireless charging start-up company Powerbyproxi announced in Sunday, as part of the company's C-round financing, Samsung's venture capital company Samsung Ventures America has invested 4 million dollars in it. The wireless charging system designed by POWERBYPROXI allows a variety of devices to be charged on a single charger and provides greater flexibility for placement of these devices. "Access to the world's leading consumer electronics brand investment, is our wireless charging intellectual property portfolio of a recognition." "Powerbyproxi CEO Gregg Cross (Greg Cross) said in a statement. As part of the deal, Samsung Ventures America senior investment manager Michael Pachez (Michael pachos) will join the POWERBYPROXI board. The two sides will also reach a strategic partnership. Earlier this year, Powerbyproxi joined the Wireless Charging Alliance (WPC), which is a supporter of the wireless charging Qi standard. The wireless charging alliance is one of the competing organizations in the wireless charging arena, and other organizations include the Power matters ALLIANCE,PMA, the Wireless Power Alliance (Alliance for Wireless). Starbucks has reached a partnership with PMA, which announced in July this year that it will expand the range of wireless charging pilots using PMA technology in Silicon Valley. (Compiling/Xiao Yu)