Earvin “Magic” Johnson Joins Uncharted Power’s Board of Directors to Revive Power Infrastructure in Underserved Communities
NEW YORK, March 5, 2020 /PRNewswire/ -- Uncharted Power, a leader in smart power and data infrastructure technology, today announced that Earvin “Magic” Johnson has officially joined its Board of Directors. With experience in and a passion for driving innovation that aids underserved communities, Johnson will help expand Uncharted Power’s programs to U.S. communities in need of smarter energy solutions and advise its executives on strategic market growth initiatives.
“Many of America’s urban, multicultural communities are being left behind when it comes to basic human rights such as feeling safe in the community, providing for family, getting an education and, quite literally, keeping the lights on,” said Johnson. “Working with proven innovators like Uncharted Power’s Founder and CEO Jessica O. Matthews gives me hope for our future and reinvigorates my commitment to serve these communities by creating infrastructure that improves their quality of life. I’m thrilled to serve on Uncharted Power’s Board of Directors and join their movement to provide smarter, more affordable power access to communities who need it most.”
Uncharted Power is building the internet for decentralized energy by developing resilient hardware and software to transform the ground beneath us into a smart, sustainable and accessible power network. Notably, Uncharted Power raised $7 million in 2016, which at the time was the largest Series A funding round ever for a black female founder. To date, the company has raised $12.5 million.
Mr. Johnson is Chairman and CEO of Magic Johnson Enterprises (MJE), a global firm with a long track record of meeting the demands of ethnically diverse and urban communities. MJE initially invested in the company during its 2016 round alongside Kapor Capital, BBG Ventures and Lingo Ventures. Now joining the company’s Board of Directors, Johnson brings valuable experience including a leadership role at JLC Infrastructure and previous board positions.
“The future of IoT-driven smart cities and 5G is exciting, but many communities in the U.S. and worldwide will struggle to realize this future if we do not address the devastating infrastructure crisis that limits access to reliable and cost-effective power,” said Jessica O. Matthews, founder and CEO of Uncharted Power. “Fortunately, smart, decentralized power solutions will address current infrastructure gaps today while also laying the foundation to meet the power needs of tomorrow. We’ve made it our mission to develop technology that not only levels the playing field for underserved areas, but also inspires other innovators to join us in revitalizing these communities. We are honored to have Magic as a mentor, advocate, advisor and friend to help us power and empower the world.”
For more information on Uncharted Power, please visit: https://www.u-pwr.co/
ABOUT UNCHARTED POWER
Uncharted Power was founded in 2011 on the idea that embedded power systems can serve as the foundation for ubiquitous renewable energy access.
Starting first with energy-generating play products, the SOCCKET and the PULSE, Uncharted Power has grown into an award-winning power infrastructure company that develops smart grid hardware and software solutions. Transforming the ground under our feet, the flagship infrastructure module, the Uncharted System, leverages state-of-the-art pavers with embedded technology, secure conduits and data monitoring and analytics, to power communities, facilities, and businesses.
With more than 13 patents and patents pending, and support from investors like BBG Ventures, Kapor Capital, Backstage Capital, Lingo Ventures, CoPeace, and others, Uncharted Power is making clean, safe, secure and low-cost power accessible to everyone. For more information, please visit https://www.u-pwr.co
ABOUT MAGIC JOHNSON ENTERPRISES
Magic Johnson Enterprises, formed in 1987, serves as a catalyst for community and economic empowerment by making available high-quality entertainment, products and services that answer the demands of ethnically diverse urban communities. Through investment, partnership and consultation, Magic Johnson Enterprises has a portfolio of companies that strategically work together to reinforce the organization’s focus on serving emerging, multicultural communities. Learn more at www.magicjohnsonenterprises.com
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SOURCE Unchartered Power