Stanley Black & Decker invests in Israeli wireless charging tech
Stanley Black & Decker has made an investment in Humavox, a provider of wireless charging technology based in Tel Aviv, Israel.
This partnership will help Humavox make wireless charging more feasible and more readily available, the two companies said in joint statement. The size of Stanley Black & Decker’s investment was not disclosed but the New Britain, Conn.-based manufacturer reported that it is the “lead investor” in Humavox’s current funding round.
The partnership is led by Stanley Ventures, a division of Stanley Black & Decker. With Humavox technology, everyday objects can turn into "hidden chargers," including anything from car cup holders and gym bags, and more. The company's technology uses near-field radio frequency (RF) charging to transform devices and objects into a charger.
Eterna, Humavox’s wireless charging technology, is a platform comprising proprietary semiconductor devices (chipsets), state of the art algorithms and high compatibility with off the shelf components that features a receiving chip that is small enough to fit into the tiniest device.
This partnership will help Humavox make wireless charging more feasible and more readily available, the two companies said in joint statement. The size of Stanley Black & Decker’s investment was not disclosed but the New Britain, Conn.-based manufacturer reported that it is the “lead investor” in Humavox’s current funding round.
The partnership is led by Stanley Ventures, a division of Stanley Black & Decker. With Humavox technology, everyday objects can turn into "hidden chargers," including anything from car cup holders and gym bags, and more. The company's technology uses near-field radio frequency (RF) charging to transform devices and objects into a charger.
Eterna, Humavox’s wireless charging technology, is a platform comprising proprietary semiconductor devices (chipsets), state of the art algorithms and high compatibility with off the shelf components that features a receiving chip that is small enough to fit into the tiniest device.
“This investment further solidifies Stanley’s partnership with Humavox to bring wireless charging capabilities to both commercial and industrial applications,” says Larry Harper, vp of, Stanley Ventures, the corporate venture arm of Stanley Black & Decker.
“Humavox provides seamless wireless charging experiences, without changing user’s usability habits, and the advanced integration required for wireless charging across various apps and products, which were unaddressed by wireless charging before,” says Omri Lachman, CEO of Humavox. “Of all the advanced technologies currently being developed in Israel, we are proud to be Stanley’s first investment in the region.”