

Get in the KNOW
on LA Startups & Tech
X
Image courtesy of Electreon
Electreon Wants to Bring Wireless, In-Road Electric Charging to American Roads
David Shultz
David Shultz reports on clean technology and electric vehicles, among other industries, for dot.LA. His writing has appeared in The Atlantic, Outside, Nautilus and many other publications.
A new entrant in Los Angeles’ crowded electric vehicle space wants to charge the EVs of tomorrow—without a plug.
Tel Aviv-based Electreon specializes in wireless induction charging, similar to the technology that allows you to charge your cell phone on a wireless mat or dock without plugging it in. By embedding a system of coiled wires into the pavement, Electreon plans to turn the road itself into a charging station for vehicles—one that can be used even while cars are moving.
Founded in 2013, the company has already proven its technology can work via pilot programs in Sweden, Germany and Italy—as well as its homeland of Israel, where it’s a publicly traded company on the Tel Aviv Stock Exchange. But on Tuesday, Electreon announced a partnership with Michigan public authorities, as well as private stakeholders like Ford Motor Company, to install a one-mile-long stretch of electrified road in Detroit—the first time such a system would be used in public roads in the U.S. The system is expected to be operational by next year.
Electreon, which opened its U.S. headquarters in Los Angeles last month, is initially targeting fleet vehicles like taxis, buses and drayage trucks for its technology, but plans to eventually expand into the consumer EV market as well. Electric road systems would be especially attractive to fleet vehicles for a number of reasons, the most obvious being that they stop frequently. Time spent idling, especially in predictable locations, means it’s easier to know where to install electrified roads and make them cost-effective.
Stefan Tongur, Electreon’s L.A.-based vice president of business development, says the company’s induction charging technology will probably charge slower than the traditional plug-in station model. But if the pavement under every bus station was electrified, he told dot.LA, a small amount of charge would be added to the vehicle at every stop—meaning the bus would need to take fewer, if any, breaks to recharge its battery.

It’s easy to imagine similar use cases at ports, rail yards or airport taxi lanes, all of which could spell significant savings for companies that lose time and money when their electric fleet vehicles are plugged in and recharging. Many of these areas also fall under the purview of the private sector, which would make uptake and implementation easier, according to Tongur. He said Electreon is already eyeing a move into such spaces.
Electreon aims to have its wireless charging technology installed on public roads around the U.S. within “a couple of years,” Tongur added. While Detroit will host the pilot program, Los Angeles and New York will be the next targets.
“L.A. is obvious, right? It’s the Mecca of EVs,” he said. “You have air quality issues here; you have the port of L.A. and Long Beach; you have so much traffic. Moving to electrification is, I would say, a must.”
The goal of installing wireless charging for moving vehicles is “very courageous,” said Mehrdad Kazerani, a professor of electrical and computer engineering at the University of Waterloo in Ontario, Canada. Kazerani noted that researchers at the university had developed a similar concept for the sprawling Trans-Canada Highway. “Of course, we did not pursue this idea, but it seems Electreon has made good progress along this line,” he said.
Kazerani added that wireless charging technology may also allow the EVs of the future to use considerably smaller batteries, which would make the cars lighter, more energy-efficient and less expensive. Smaller batteries would also mean less mining for battery materials and less waste when a battery reaches the end of its life.
“This is kind of an invitation to the U.S. market: to policymakers, state agencies, fleet owners and original equipment manufacturers,” Tongur said. “This is an opportunity to do things together—join us on this path and journey.”
Related Articles Around the Web
David Shultz
David Shultz reports on clean technology and electric vehicles, among other industries, for dot.LA. His writing has appeared in The Atlantic, Outside, Nautilus and many other publications.
🔦 Spotlight
LA-based Riot Games, celebrated for its popular League of Legends game and the award-winning animated series Arcane, has announced a significant workforce reduction, laying off approximately 11% of its global staff, totaling 530 employees. While CEO Dylan Jadeja described this difficult decision as a necessity, there is a recognition that the broader video game industry has faced challenges with over 10,000 global layoffs since January 2023.
Acknowledging the need for strategic adjustments due to rising costs and limited room for experimentation, Riot Games has decided to shutter its Riot Forge publishing arm, which collaborated with external studios for smaller-scale games. Despite these changes, there is optimism in the commitment to providing affected employees with at least six months of severance pay and eligibility for cash bonuses. Jadeja expressed the company's dedication to its workforce, emphasizing that this decision aims to ensure the long-term sustainability and creativity of Riot Games.
For the broader gaming industry in Los Angeles, this development may indicate a need for companies to adapt to evolving market dynamics. While Riot Games remains an indomitable player with its popular titles like League of Legends, Valorant, the industry as a whole may be reassessing strategies to ensure sustainability and innovation. The workforce reduction may prompt other gaming companies in the region to evaluate their own structures and business models in response to the changing landscape, with a focus on balancing growth, cost management, and creative exploration.
🤝 Venture Deals
Just Announced
- Captura, a startup focused on open-ocean carbon capture, raised $21.5M Series A expansion round led by Future Planet Captial. - learn more
- Acre Venture Partners participated in a $10M Series A for Farm-ng, a startup that has developed a robot that uses AI to help small- and mid-size farms with repetitive tasks like weeding. - learn more
- M13 Ventures participated in a $11.1M Seed Round for Norm Ai, a startup that is using AI to automate some regulatory tasks for chief compliance officers. - learn more
Actively Raising
- ReelCall, Inc., an entertainment technology company focused on powerful apps and platforms that help build and maintain the professional network of connections vital to career growth, is raising a $850K Pre-Seed Round. - learn more
- CZero, a startup building software to decarbonize logistics for logistics businesses and goods business through a vetted marketplace and optimization software. - learn more
- Couri, a technology startup addressing last-mile delivery issues, is raising a $450K Pre-Seed Round at a $2.2M post money valuation. - learn more
- Sweetie, a marketplace to help people plan date nights, is raising a $1.5M Pre Seed Round. - learn more
- StartupStarter, an investment platform that provides real-time data and analytics on startups, is raising an $850K Angel Round. - learn more
If you’re a founder raising money in Los Angeles, give us a shout, and we’d love to include you in the newsletter!
✨ Featured Partner

The WeAreLATech 'Experience' Club is for individuals working in LA tech; you can work at a startup or seasoned tech company.
We're engineers, investors, founders, designers, growth marketers, app developers, product managers and more... who do in person activities together 1-2 times a month. The concept is based on the saying 'More business gets done at the bar than in a boardroom.' That said, there's no panels or mixers. We have enough of those.
WeAreLATech was created by me, Espree Devora, back in 2012. I consider myself to be "an artist of human connection". Each event is my piece of art.
Activities include horseback rides, clay pigeon shooting, hiking, Price is Right gameshow, rooftop cocktails, surfing, escape rooms, food tastings, go karts, luxury beach picnics, drone flying, and the list goes on. We've done 100s of Experiences. Some events are curated by industry and others by role. The goal is to save you time making quality connections. Maintaining a strong culture and keeping the gatherings small, connective and curated is top priority.
Interested in more details about the Club? Check it out here.
And to listen to the WeAreLATech Podcast, click here
📅 LA Tech Calendar
Wednesday, January 31st
- BioSync AI Mixer - Venture into the cutting-edge crossroads of AI and Biotech at the inaugural BioSync AI Mixer in Culver City! This is a brand-new initiative, a collaboration between AI LA, Bioscience LA, BitsinBio, and Nucleate.
- Climate Circuit’s Casual Meetup at Broxton Brewery - Come join Climate Circuit to talk shop on climate tech! All are welcome no matter if you're dipping your toe into this world or have been building in climate tech for a while.
Thursday, February 1st
- Music in the Era of AI- Listen to a conversation between some of the world’s leading artificial intelligence policymakers, scholars, and artists to discuss actions the entertainment industry can take to protect the rights of human creators.
Friday, Feb 2nd
- Pitch and Run LA: Friday Runs - Join Founders and VCs for Pitch and Run Fridays! 7:30am near 17th St & San Vincente for a ~3.5 mile loop at an easy-conversational pace. Pitch and Run is designed to help you connect with others on ideas, passions, and life while enjoying a casual run. They started with a focus on people in tech/startups, but are open to everyone.
📙 What We’re Reading
- Amazon MGM Studios Division Cuts Deal For Esports Content. - learn more
- Will the IPO Market Spring Back in 2024? The First Big Debut Offers Clues. - learn more
- MovieTok Meets Sundance As Creators Hit Park City. - learn more
Read moreShow less
Christian Hetrick
Christian Hetrick is dot.LA's Entertainment Tech Reporter. He was formerly a business reporter for the Philadelphia Inquirer and reported on New Jersey politics for the Observer and the Press of Atlantic City.
K-beauty Entrepreneur Alicia Yoon On Taking the Leap From Corporate Consultant to Starting Her Skincare Brand
05:00 AM | June 07, 2023
Alicia Yoon
On this episode of Behind Her Empire, Peach & Lily founder and CEO Alicia Yoon discusses her journey from being a corporate consultant to establishing her own skincare brand as well as the necessity of having an airtight business model to become successful.
Throughout her life, Yoon suffered from severe eczema and struggled to find effective skincare in the United States that had meaningful results on her sensitive skin. During her high school years in South Korea, she turned to K-beauty brands for help and found the ingredients in those products more suitable to her skin.
In 2012, she founded leading Korean skincare website Peach & Lily as a way to help others take control of their skin problems. Her positive experience with K-beauty formulations inspired her to bring these products to the United States, products with ingredients that were effective but still foreign to Western beauty brands.
Before starting her business, Yoon worked in the corporate sector as a consultant for The Boston Consulting Group and Accenture. Once she realized she wanted to start a business in beauty, she left her role to attend esthetician school in South Korea and study K-beauty alongside trained chemists. She said that passion is absolutely necessary when it comes to starting a business.
“Your head and your heart have to feel 100% passionate and okay with it,” Yoon said. “If you don't love the thing that you're doing, it's really hard to keep waking up and really putting 100% into it and it does take 100% of you.”
Aside from having passion, Yoon believes that entrepreneurs need to take a step back before starting a business and make sure that their business model is completely ironed out so they can achieve long-term success. She said that founders should reevaluate their business models especially “if the cost of goods is just too high to maintain a profitable business.”
She learned the importance of the business model through her first startup, a Korean fashion import firm. Despite winning awards and selling out trunk shows, the business didn’t have much potential for growth, she said.
“There were issues with the business model. It would have been okay as a small cult business,” she said. “While those businesses are great, that's just not what I wanted. I really wanted to go all in with a business where I could really scale it.”
Yoon said that this experience and her time at Harvard Business School gave her the confidence to start Peach & Lily. Being in business school during the financial crisis opened the door to several networking opportunities and allowed her to have open conversations with other founders about their journeys, about what works and what doesn’t, and some of the challenges they had to overcome.
“I think the existential moments lead to more fuel, passion and action,” she said. “It does get hard because there are just going to be moments where you have to wear like 17 different hats.”
Because entrepreneurs play so many different roles in their business, Yoon thinks it can be difficult for them to see the impact that their company can have on its customers. Sometimes, this can make it hard to stay motivated.
Yoon to recharges herself by calling her support group: her friends and family whom she calls her “personal cheerleaders.” When she is having doubts about her work, she says they help remind her of her goals and why she started her business.
Customer reviews also help her stay motivated. Peach & Lily has an email listserv that allows customers to send reviews and comments to the company. Yoon feels the power of her work when she reads reviews that state how her products have changed her customers’ skins or how amazing her customers feel after using Peach & Lily products.
In a little more than ten years, Peach & Lily is on track to become the number five skincare brand at Ulta Beauty.
“I would literally turn on amped up music and I would get so emotional being like, wow, we're actually helping people,” Yoon said. “This is why I'm doing this.”
dot.LA Reporter Decerry Donato contributed to this post.
This podcast is produced by Behind Her Empire. The views and opinions expressed in the show are those of the speakers and do not necessarily reflect those of dot.LA or its newsroom.
Hear more of the Behind Her Empire podcast. Subscribe on Stitcher, Apple Podcasts, Spotify, iHeart Radio or wherever you get your podcasts.
From Your Site Articles
- Behind Her Empire: Salt & Straw Founder Kim Malek On Overcoming The Fear of Starting a Business ›
- Behind Her Empire: ComplYant Founder and CEO Shiloh Johnson on Helping Small Businesses ›
- Behind Her Empire: Anastasia Beverly Hills’ Founder on the Eyebrows That Launched an Empire ›
Related Articles Around the Web
Read moreShow less
Decerry Donato
Decerry Donato is a reporter at dot.LA. Prior to that, she was an editorial fellow at the company. Decerry received her bachelor's degree in literary journalism from the University of California, Irvine. She continues to write stories to inform the community about issues or events that take place in the L.A. area. On the weekends, she can be found hiking in the Angeles National forest or sifting through racks at your local thrift store.
RELATEDTRENDING
LA TECH JOBS


