You can now read 10 articles in a month for free on BostonGlobe.com. Read as much as you want anywhere and anytime for just 99¢.

The Boston Globe

Business

Wireless power firm secures funding

WiTricity, a Watertown company that licenses technology with such potential applications as allowing electric cars and consumer-electronics devices to wirelessly recharge their batteries, said Wednesday that it has secured $25 million in Series E financing, bringing the total amount of funding it has raised so far to $45 million.

The financing came from new and existing investors, including Intel Capital and Hon Hai/Foxconn, one of the world’s largest makers of consumer electronics, WiTricity said.

Continue reading below

The company sees its technology as having applications for consumer electronics, electric vehicles, defense applications, and medical devices.

Chris Reidy can be reached at reidy@globe.com.

You have reached the limit of 10 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week