Israeli start-up Kado has raised $1.2 million toward final development of the world’s thinnest wall charger.
AltaIR Capital participated in the seed round. In the coming weeks, the company intends to launch a Series A financing round to prepare for the commercial launch of its products in 2017, first in the US market and then in additional markets such as Japan and Europe. A crowdfunding campaign also is planned.
In addition to the wall charger, Kado has two ultra-thin chargers in its coming product line: Kado Wallet for smartphones, tablets and other mobile devices; and Kado Sleeve for laptops, touted as the world’s first foldable charger.
Kado Wallet is just 5 millimeters (the thickness of three credit cards) and weighs 21 grams (three-quarters of an ounce). It includes a uniquely designed cable mechanism and supplies up to 10 watts of power.
Kado Sleeve weighs 97 grams (3.4 ounces) and provides up to 70 watts. It has two USB ports for the simultaneous charging of a laptop and a smaller device, such as a smartphone or a tablet.
USA Today named Kado’s product one of the “5 Gadgets that Made Me Say Wow” at CES 2017 in Las Vega. The chargers also will be demonstrated at the Mobile World Congress in Barcelona, February 27 to March 8.
Kado is developing additional products and peripherals, and is in talks with Asian and American multinational brands regarding strategic collaborations.
Entrepreneurs Itay Hasid, Daniel Assis and other partners founded Kado in May 2016. Hasid and Assis previously headed Mobeego, which sold half a million units of its disposable charger for mobile devices in 14 countries over the course of three months, before being bought out by US company Life Clips for $6 million in June 2016.
Kado’s R&D center is located in Lod. The company currently has 11 employees.