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The uBeam FAQ
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Cyberdragon:

--- Quote from: orion242 on October 31, 2019, 02:06:46 am ---Guessing at this point its more your in marketing and willing to work for minimum wage.

There a ghost ship at this point from the looks of it.

--- End quote ---

They are the Titanic. Snapped in half at the bottom of the ocean of reality rotting away from marketing bacteria and we are simply the subs exploring the wreck.


--- Quote from: sdpkom on October 31, 2019, 06:39:37 pm ---OurCrowd is reinvesting in uBeam (which recently rebranded to SonicEnergyTM) in an up-to-$7.5M Series 1 recapitalization round led by Upfront Ventures, a leading Los Angeles-based VC with investments in companies such as Bird (recently valued at $2.5B by Sequoia), Goat (recently raised $100M from Footlocker) and Ring (acquired by Amazon for over $1B).

uBeam seeks to deliver Always-On Wireless EnergyTM at a distance, utilizing ultra-safe ultrasonic technology to deliver reliable, wire-free charging. uBeam has developed proprietary transducers, transmitters, receivers, and custom enterprise software. The company plans to deliver wireless power to a wide range of electronic devices in the high growth Internet of Things (IoT) sector, including automotive, aerospace, healthcare, industrial and home.

--- End quote ---

And you can't raise the Titanic cause that would only make it crumble further. ::) ;D
orion242:

--- Quote from: sdpkom on October 31, 2019, 06:39:37 pm ---OurCrowd is reinvesting in uBeam in an up-to-$7.5M Series
--- End quote ---

 :palm:

$hitsville
EEVblog:

--- Quote from: sdpkom on October 31, 2019, 06:39:37 pm ---OurCrowd is reinvesting in uBeam (which recently rebranded to SonicEnergyTM) in an up-to-$7.5M Series 1 recapitalization round led by Upfront Ventures, a leading Los Angeles-based VC with investments in companies such as Bird (recently valued at $2.5B by Sequoia), Goat (recently raised $100M from Footlocker) and Ring (acquired by Amazon for over $1B).

--- End quote ---

Link for this?
sdpkom:

--- Quote from: EEVblog on November 03, 2019, 07:48:39 am ---
--- Quote from: sdpkom on October 31, 2019, 06:39:37 pm ---OurCrowd is reinvesting in uBeam (which recently rebranded to SonicEnergyTM) in an up-to-$7.5M Series 1 recapitalization round led by Upfront Ventures, a leading Los Angeles-based VC with investments in companies such as Bird (recently valued at $2.5B by Sequoia), Goat (recently raised $100M from Footlocker) and Ring (acquired by Amazon for over $1B).

--- End quote ---

Link for this?

--- End quote ---

you need to register with ourCrowd to get these emails ;).
It's a down round, the typical incentives to do these for investors are 2
1. you may be able to save your previous investment if they raise enough, or at least delay admitting your losses (good money going after bad).
2. With typical ratchets and pay to play stuff, if you don't invest, you're essentially out.

The crowd is investors in old rounds and vultures.

Note outcrowd are not bragging on their uBeam investment, it's not the stuff that brings new investors on board.
tom66:
I don't understand who keeps pouring money into these doomed ventures.  Some kind of investment scam where the top execs get out in profit, or do they genuinely believe it will go well?
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