Silicon Valley startup beaming electricity wirelessly raises $30 million

Chris Davlantes, CEO and founder of Reach, a Silicon Valley startup that beams electricity wirelessly, gives a demo showing how the system works in Redwood City, California, U.S. November 29, 2022. REUTERS/Jane Lanhee Lee

REDWOOD CITY, Calif. (Reuters) - Reach Power Inc, a Silicon Valley startup that beams electricity wirelessly, said on Friday it had raised $30 million in a funding round that will help it commercialize its products.

While big-dish antennas with high-power sources have been used to demonstrate similar technology in the past, Chris Davlantes, Reach founder and CEO said the recent development of high-power antennas that can precisely focus beams of energy, and software improvements for control have made it possible to create effective wireless power transmission systems.