Reach Power, which is developing products to wirelessly transmit electricity to power IoT and other devices, raised a $30M Series B led by DCVC (Jane Lanhee Lee/Reuters)

Jane Lanhee Lee / Reuters:

Reach Power, which is developing products to wirelessly transmit electricity to power IoT and other devices, raised a $30M Series B led by DCVC  —  Reach Power Inc, a Silicon Valley startup that beams electricity wirelessly, said on Friday it had raised $30 million in a funding round that will help it commercialize its products.