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E-peas raises 17.5 million euros to accelerate the deployment of its very low energy consumption chips

La Libre Belgique | 20/03/2024 | Belgium - The technology company e-peas, founded in 2014 in Louvain-la-Neuve by Geoffroy Gosset and Julien De Vos, announces that it has closed a new funding round of 17.5 million euros in order to accelerate the deployment of its solutions. energy collection and expand its product range. This new funding round was led by Otium Capital, a “family office” created by Pierre-Edouard Stérin, the founder of the Smartbox group. Two other new investors, Nomainvest and EIC Fund (European Innovation Council fund), as well as existing investors (KBC Focus Fund, The Faktory, Wallonie Entreprendre, Noshaq-Leansquare and Start. Invest) also participated in the fundraising of funds.

date:  20/03/2024

Author: Pierre-François Lovens

The technological gem of Louvain-la-Neuve is a pioneer in ambient energy collection technologies.

The technology company e-peas, founded in 2014 in Louvain-la-Neuve by Geoffroy Gosset and Julien De Vos, announces that it has closed a new funding round of 17.5 million euros in order to accelerate the deployment of its solutions. energy collection and expand its product range. These solutions are characterized by very low energy consumption, which generates significant CO2 savings and reduced use of rare earth materials.

This new funding round was led by Otium Capital, a “family office” created by Pierre-Edouard Stérin, the founder of the Smartbox group. Two other new investors, Nomainvest and EIC Fund (European Innovation Council fund), as well as existing investors (KBC Focus Fund, The Faktory, Wallonie Entreprendre, Noshaq-Leansquare and Start. Invest) also participated in the fundraising of funds.

Multiple applications

Without going into too many technical details, e-peas develops and markets microelectronics solutions capable of recovering and storing energy emanating from the ambient environment (photovoltaic, thermal, vibrations, radio frequencies, etc.). These solutions, which are integrated into connected object sensors, make it possible to extend the lifespan of batteries, or even, in certain cases, to no longer have to replace them.

The energy harvesting devices developed by e-peas have already been adopted in many products, such as TV remote controls, smart home appliances, electronic shelf labels, clothing, industrial sensors...

New funding will help accelerate the commercial development of e-peas' Ambient Energy Management (AEM) products and expand its product portfolio to continue to lead the way in appliance energy efficiency electronic.