Startup building wireless power for IoT raises $1.2M, finds its ‘killer app’

Nikola Labs Inc. has landed its first big customer account for its wireless charging devices, a top executive hired from Nationwide and a $1.22 million funding round in the past few months.

The Westerville startup spent more than three years on exhaustive market research and trial runs as a component supplier for connected devices known as the internet of things. The result is opting to build its own system for the much-buzzed-about predictive maintenance for manufacturing equipment, CEO Will Zell said.

Click here to read the complete article.
Story excerpt provided by Columbus Business First.
Written by Carrie Ghose.
Originally published July 13, 2018.

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