Qualcomm, Merck, Invest in Battery-Free Sensor Startup

Qualcomm, Merck, Invest in Battery-Free Sensor Startup

Wiliot Ltd., a semiconductor startup headquartered in Israel and San Diego, California, has secured a $5 million investment from chipmaker Qualcomm Inc.’s investment arm, Qualcomm Ventures, and M Ventures, the venture capital arm of German chemical and pharmaceutical company Merck KGaA. The companies announced the investment on Thursday. Wiliot was launched in January by the founders of Wilocity Ltd., a fabless semiconductor company that developed wireless chipsets for mobile computing and was acquired by Qualcomm in 2014. In the month of its launch, Wiliot announced it completed a $14 million Series A funding round with participation from Israel-based venture […]