10 years ago
Pavegen Raises £2M in Equity Crowdfunding for Footfall Energy-Harvesting Technology
Pavegen, a London-based footfall energy-harvesting company, raised over £2m in equity crowdfunding through Crowdcube
The company intends to use the funds to focus on R&D, sales, and scaling operations
Founded in 2009 by Laurence Kemball-Cook, Pavegen has delivered over 100 projects across 30 countries, generating over £2.5 million in revenue.
ProblemTechnology
"utilizing footfall energy-harvesting to generate electricity and provide real-time data"
Solution
"developing technology that converts footsteps into electricity to power services in high-footfall locations, and providing real-time data for analytics"