WiTricity Raises $34 Million in Venture Capital, Including Strategic Investment From Mitsubishi Corporation WATERTOWN, Mass. October 29, 2020-- WiTricity, the industry pioneer in efficient wireless power transfer over distance, today announced it has closed a $34 million investment round. Stage 1 Ventures led the round with participation from Air Waves Wireless Electricity and a strategic investment by Mitsubishi Corporation through its U.S. subsidiary, Mitsubishi Corporation (Americas).