Investment in Wireless Power Startup Tops $2M and Key Hires Made

Nikola Labs, a pioneering far-field wireless power company, recently closed on additional investment, bringing the total capital raised to over $2 million. The new funds will be used to augment Nikola Labs’ engineering team and step up business development efforts ahead of releasing INDRA, a revolutionary wireless power receiving chip developed with Skyworks Solutions and Texas Instruments, which will be production ready later this year.