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Spansive has raised $14.0M across 2 funding rounds.
Spansive has raised $14.0M in total across 2 funding rounds.
Spansive has raised $14.0M in total across 2 funding rounds.
Spansive's investors include Alumni Ventures, BoxGroup, CP Ventures, DFJ, ENIAC Ventures, Firstminute Capital, FJ Labs, Foundry Group, Indicator Ventures, Kima Ventures, NextView Ventures, Preface Ventures.
Spansive is a private consumer electronics company developing innovative wireless charging solutions, notably the Spansive Source, a multi-device, position-free wireless charger designed for home and work use. It addresses the common problem of charging multiple devices simultaneously without precise alignment, using proprietary charging field technology to power up to six devices effortlessly on a compact A-Frame structure.[2][4][5] The product targets families and users in high-traffic areas where counter space is limited, with annual revenue estimated below $1M, indicating an early-stage venture focused on hardware innovation.[3]
Limited public details exist on Spansive's founding, but it emerges as a hardware startup specializing in consumer electronics, likely founded in recent years given its small scale and product development focus.[3] Key involvement includes industrial design expertise, with professionals like Kieran Moriarty leading product development, CMF (color, material, finish), and the distinctive A-Frame architecture derived from user interviews emphasizing compact, multi-device charging in busy households.[2] Early traction appears tied to prototyping and tech stack utilization, including tools like Ansys for mechanical simulation, positioning Spansive as an emerging player in wireless tech without noted pivotal funding or launch milestones in available records.[6]
Spansive rides the wireless charging proliferation trend, fueled by the explosion of IoT devices, smartphones, and wearables demanding seamless power solutions amid growing consumer demand for cordless convenience. Timing aligns with maturing Qi standards and advancements in inductive charging efficiency, where market forces like space optimization in smart homes and offices favor compact, high-capacity chargers.[2][4] By pioneering position-free multi-device tech, Spansive influences the ecosystem toward more user-centric hardware, potentially accelerating adoption in high-traffic consumer settings and challenging incumbents reliant on single-device or aligned charging.
Spansive's trajectory hinges on scaling its proprietary tech beyond prototypes to mass production, with potential for partnerships in smart home integrations or enterprise desks amid rising multi-device households. Trends like faster charging protocols (e.g., Qi2) and sustainable materials will shape growth, possibly elevating its influence if revenue climbs from sub-$1M through retail expansion or licensing. As wireless power evolves toward ubiquity, Spansive could redefine at-home charging norms, building on its core innovation to capture a slice of the burgeoning $20B+ market.
Spansive has raised $14.0M across 2 funding rounds. Most recently, it raised $11.0M Series A in December 2017.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Dec 1, 2017 | $11.0M Series A | Alumni Ventures, BoxGroup, CP Ventures, DFJ, ENIAC Ventures, Firstminute Capital, FJ Labs, Foundry Group, Indicator Ventures, Kima Ventures, NextView Ventures, Preface Ventures, SoftBank Investment Advisers, Uncork Capital, Alain Hanover, Janis Krums, Matt Mazzeo, Omar El-Ayat, Tom Williams | |
| Jul 1, 2015 | $3.0M Seed | Alumni Ventures, BoxGroup, CP Ventures, ENIAC Ventures, Firstminute Capital, FJ Labs, Indicator Ventures, Kima Ventures, NextView Ventures, Preface Ventures, Uncork Capital, Alain Hanover, Matt Mazzeo, Omar El-Ayat, Tom Williams |