Nikola Labs lands investment toward bringing wireless power to the internet of things

Story excerpt provided by Columbus Business First.

Written by Carrie Ghose.

Nikola Labs Inc. has closed a $700,000 round from a European investor group, as it works with electronics makers to design components delivering wireless power to the small devices making up “smart homes” and other applications of the “internet of things.”

The Westerville company has launched its Indra chip, a 5-millimeter-square receiver that converts radio frequencies into direct current. The chip incorporates components from Texas Instruments Inc. and Boston-area Skyworks Solutions Inc. and is manufactured by Skyworks in Mexico.

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Originally published April 14, 2017.

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