Chargifi, the foundational technology for scaling wireless power, has announced that it has raised a £5 million funding round.  The investment was led by Accelerated Digital Ventures (ADV), with other investors including Hewlett Packard Enterprise (HPE) and firstminute capital.

This investment will enable Chargifi to accelerate sales and marketing, and international growth across US and Asian markets at a time when the demand for wireless power is on the rise – according to Global Marketing Insights the wireless charging market is set to be worth $25billion by 2023.