Pavegen Systems

Power & UtilitiesSeries ALondon, UKpavegen.com

Latest round

Series A

Last raised

May 2021

Total raised

$4.4M

Investors

1

About Pavegen Systems

Pavegen Systems Ltd.Founded in 2009, Pavegen Systems Ltd. is based in London, UK. The company specializes in transforming kinetic energy from foot traffic into electricity through its innovative flooring solutions. Laurence Kemball-Cook, the founder of Pavegen, has a history of entrepreneurial ventures but specific details about previous companies are not provided.179 million.Pavegen specializes in innovative interactive floor tiles that convert kinetic energy generated from foot traffic into electricity. Their flagship product, the Pavegen V3, enhances public spaces by transforming each step into a source of renewable energy. This energy can power nearby devices, lighting, or display screens, making it ideal for high-foot-traffic environments such as shopping centers, airports, and public events. Pavegen also offers complementary products like the Pavegen Solar+, which integrates solar power generation, alongside custom software solutions tailored for smart cities and buildings.Pavegen generates revenue primarily through direct sales of its products and tailored solutions, often establishing partnerships with businesses that implement their technology in both commercial and public spaces. The transaction structure is predominantly B2B, wherein clients acquire Pavegen tiles and related software for installation in diverse environments.96 million, Pavegen plans to utilize this capital to expand its operations further. The company aims to enhance its product line and may target new markets and geographic regions for expansion, although specific markets and timelines have not been disclosed.

Who invested in Pavegen Systems

1 investor across 2 rounds

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Funding rounds

  1. Series A

    May 5, 2021

    Amount

    $4.1M

    Investors

    Locked

  2. Series A

    Nov 25, 2019

    Amount

    $0.2M

    Investors

    Locked

Questions about Pavegen Systems

Who invested in Pavegen Systems?

Pavegen Systems has 1 investor on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Pavegen Systems raised?

Pavegen Systems has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Pavegen Systems last raise money?

Pavegen Systems's most recent round on record is a Series A, in May 2021.

What does Pavegen Systems do?

Pavegen Systems is a power & utilities company.

Where is Pavegen Systems headquartered?

Pavegen Systems is headquartered in London, UK.

Which VCs invest in companies like Pavegen Systems?

Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Highland Europe back power & utilities companies at Pavegen Systems's stage. Their profiles are linked below.

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