e-peas, a Louvain-la-Neuve, Belgium-based company which specializes in ultra-low power management for energy harvesting, raised €17.5M in funding.
The round was led by Otium Capital, with participation from new investors Nomainvest and EIC Fund, as well as existing investors KBC Focus Fund, The Faktory, Wallonie Entreprendre, Noshaq-Leansquare, and Start.Invest.
e-peas has developed pioneered energy harvesting technologies that gather ambient energy such as light, radio frequency, temperature gradient, or vibration, removing the need for battery replacement, and reducing C02 impact. Energy harvesting has already been adopted in multiple products, such as TV remote controls, smart home devices, electronic shelf labels, wearables, industrial sensors, and is considered for a number of other applications where energy efficiency is crucial.
This new financing will enable the company to accelerate the commercial development of its Ambient Energy Management (AEM) products, and expand its product portfolio to continue leading the way towards energy efficiency in electronic devices.
FinSMEs
20/03/2024