About

Reach Labs focuses on wireless power transmission technology, aiming to change how power is delivered to devices across various industries such as warehousing, manufacturing, and healthcare. Their main products include the Link System, which powers devices over long distances with low energy needs, and the Batch System, designed for enclosed spaces like drawers and cabinets. Unlike traditional wired solutions, Reach Labs' systems allow for remote power delivery, making them suitable for environments where wiring is impractical. The company serves a wide range of clients, from industrial sectors needing to power tools to healthcare facilities requiring continuous power for monitoring devices. Their goal is to establish a new standard for wireless power delivery, leveraging a research-based approach to support the growing demand for connected devices.

Simplify's Take

What believers are saying

• The recent $30M Series B funding round provides significant capital for scaling operations and accelerating R&D efforts.
• Reach Labs' technology has the potential to revolutionize power delivery in critical sectors like healthcare and industrial manufacturing, offering substantial market opportunities.
• Their focus on long-range wireless power can lead to partnerships and licensing deals, expanding their market reach and revenue streams.

What critics are saying

• The wireless power transmission market is still emerging, and widespread adoption may take time, impacting short-term revenue.
• High R&D costs and the need for continuous innovation could strain financial resources if not managed effectively.

What makes Reach Labs unique

• Reach Labs focuses on long-range wireless power delivery, a niche that sets it apart from competitors who may only offer short-range solutions.
• Their research-driven approach ensures cutting-edge technology, providing a competitive edge in innovation and reliability.
• The adaptability of their systems, such as the Link and Batch Systems, allows for versatile applications across diverse industries, from healthcare to manufacturing.