Humavox Merges With Aurum, Gets $16M Investment

  June 28, 2016 | Humavox, an Israeli company that creates wireless charging solutions, has entered a binding agreement to merge with Australia’s Aurum Inc. As part of the merger, Aurum will acquire 100% of Humavox shares and will be investing $16 million over a period of 24 months into Humavox. The deal involves a major restructuring, in which Humavox’s CEO Omri Lachman will become CEO of Aurum. The merger marks a huge step for the Kfar Saba based company, and paves the way for widespread adoption of its wireless charging solution for wearables and IoT. With Humavox’s wireless technology installed, any wearable or connected device can be dropped into any compatible 3D container, and be charged seamlessly.