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Startup Funded For Self-Powering IoT Devices

Semiconductor startup PsiKick raised $16.5 million in Series B funding Wednesday to develop its battery-free systems. Osage University Partners led the round joined by existing backers such as New Enterprise Associates, the University of Michigan Investment in New Technologies Fund, as well as individual angel investors. Marc Singer, managing partner of Osage University Partners will join PsiKick’s board of directors as part of the investment. PsiKick has raised more than $22 million to date.

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