SAN JOSE – Shocking Technologies has raised an additional $10.5 million in venture capital to develop its voltage switchable dielectric material.
The lead investor is Littelfuse, which also participated in a strategic investment round last year. To date, Shocking Technologies has raised more than $60 million in investment capital.
Shocking Technologies’ XStatic material is a polymer nano-composite that functions as an insulator (dielectric) during normal circuit operation and becomes conductive when voltage increases beyond a predefined threshold.