e-peas raises €8m

Author: EIS Release Date: Jul 16, 2020


e-peas,  the energy harvesting specialist, has completed a €8 million funding round.

The company has raised an additional €8 million worth of investment from Partech and Airbus Ventures, with KBC Focus Fund, W.IN.G, Noshaq Ventures, LeanSquare, Nivelinvest and Vives also contributing.

The money will be used  to accelerate the introduction of new products and intensify the market penetration of its existing products, as well as strengthening its commercial presence worldwide by opening more offices.

e-peas is a one stop shop for customers’ energy harvesting requirements and enabling their hardware to be powered indefinitely.

The company is successfully addressing opportunities in industrial, home/building automation, agriculture, health monitoring, smart metering and other sectors.

Over the last 3 years, it has been continually broadening the scope of its Ambient Energy Manager (AEM) product line.

This now covers solar, thermal, vibration and RF methods for extracting energy from IoT devices’ surroundings – thereby making them completely energy autonomous.

The imminent introduction of ultra-low power processing and sensing solutions will bolster the e-peas portfolio still further.