Aira closes $ 12 million initial investment to accelerate adoption of FreePower® wireless charging

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Appoints Axon CFO Jawad Ahsan to Board of Directors

CHANDLER, Arizona., August 3, 2021 / PRNewswire / – Aira Inc., the company that redefines wireless charging with FreePower®, today announced a $ 12 million Seed Funding Round Series. This additional capital will accelerate the growth of the company. expansion in the automotive, corporate and hospitality sectors. This will also allow Aira – who has been named FastCompany# 5 Most Innovative Company in 2021 – to expand its operational and engineering resources for the launch of FreePower® 2.0 by the end of the year. The company recently obtained its first patents for FreePower® and has more than 80 patents related to its revolutionary wireless charging methods.

Aira, Inc. co-founders Eric Goodchild (left) and Jake Slatnick (right) today announced a $ 12 million Series Seed funding round.

Aira also announced the appointment of Axon [NASDAQ: AXON] Financial director Jawad Ahsan to its board of directors. Ahsan brings to the board more than two decades of experience in global financial strategy and leadership in public companies. Jawad currently heads Axon’s finance, corporate strategy, legal and IT departments. It also acts as an executive sponsor for the company’s consumer activities. Prior to Axon, Jawad was CFO for market intelligence firm SaaS Market Track, and spent 13 years at General Electric, most notably as CFO for its electronic health records and enterprise software businesses.

“This new round of funding is a game-changer when it comes to accelerating our capacity for innovation,” said Jake slatnick, co-founder and CEO of Aira. “With so many partnerships in our pipeline, a version 2.0 of FreePower® on the horizon, and Jawad just joining our board of directors, it’s an inflection point for Aira. “

“Aira is transforming the way people charge devices, developing technology that has failed to meet consumer expectations since its introduction,” Ahsan added. “Jake, Eric and the team have developed technology that will set the standard for the next decade and make consumers less beholden to cables, chargers, outlets and the stress of a dead battery during the day. . Glad to be with you for the ride. “

Aira in the automobile
Current wireless charging technology is not designed for moving environments, leaving consumers and automakers underestimated. On-board charging surfaces with FreePower®, on the other hand, are able to support devices that move while driving, charging multiple devices, surfaces of any size, and firmware updates for future enhancements and compatibility. They can also provide high power charging while meeting strict safety and regulatory standards.

Aira announced a strategic partnership in december 2020 with Motherson Innovations Company Limited, the emerging technologies branch of the Motherson group [NSE: MOTHERSUMI], one of the world’s leading Tier 1 automotive suppliers, which has also invested in the company. This joint venture to develop, manufacture and supply automotive grade FreePower® wireless charging modules in vehicle interiors has recently been appointed for a prestigious PACEPilot award.

About Aira
Aira sets a new standard for wireless charging with FreePower®, an elegant hardware and software solution that offers complete freedom of placement on any surface. Founded in 2017 by Jake slatnick and Eric Goodchild, the company’s FreePower® The technology is a stylish and adaptable solution that pushes long-standing boundaries to deliver on wireless charging’s core promise: convenience. Designed to work with devices running on the Qi standard, FreePower® is compatible with all major Qi devices including those from Apple, Samsung and Google. Aira is partnering with brands, OEMs and technology providers across multiple verticals, including consumer electronics, automotive, furniture and hospitality, to make ‘wireless charging as it is. ‘she was meant to be’. To learn more about Aira and FreePower®, visit airapower.com. For media, please visit airapower.com/news.

Aira also announced the appointment of Axon's CFO, Jawad Ahsan, who brings to its board more than two decades of experience in global financial strategy and leadership of state-owned companies.

Aira also announced the appointment of Axon’s CFO, Jawad Ahsan, who brings to its board more than two decades of experience in global financial strategy and leadership of state-owned companies.

Aira (PRNewsfoto / Aira)

Aira (PRNewsfoto / Aira)

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