Whitepaper writing services from Greenbang - click here to find out more.
 
Home | Research Store | Work With Us | Events | Insight | Press | About | Newsletter | Contact

EnOcean harvests €4.5m for green sensors

Published Friday, 22nd August 2008

it’s a veritable smorgasbord of green investment today. First up to the proverbial plate of VC goodness is EnOcean, a German firm that specialises in wireless systems for the builiding industry which are powered using ‘energy harvesting’. Sounds a bit like what happens to humans in The Matrix, but is in fact far more benign.

It basically means EnOcean’s sensors – used to monitor things like movements in buildings or temperature – don’t use batteries. Instead, they suck up energy from their environment, be it solar or thermal, and power the sensors that way.

It’s already caught the eye of the VCs and EnOcean has landed €4.5m in funding, bringing total investment so far to €20m.

Wellington Partners and 3i Group have made the largest investment, with Emerald Technology Ventures, Siemens Venture Capita, Siemens Technology Accelerator, BayTech Venture Capital Beratungs and ATMOS all joining in the investment too.

Here’s the statement from the CFO of the company, Uwe Thumm, on where the money will go:

“This new financing will be focused on expanding the European and North American markets, and establishing new markets, especially in Asia. In addition, we’re investing in further development of our technology and products.”

Bookmark and share:
  • Twitter
  • Google Bookmarks
  • LinkedIn
  • Facebook
  • Reddit
  • StumbleUpon
  • Digg
  • Slashdot
  • del.icio.us
  • email
  • Print
  • PDF
  1. Chris says:

    It’s been a while since you wrote this, obviously, but I wanted to let you know I mentioned it in a post today about Leviton Wireless Sensors. They’re a company that’s actually started employing the EnOcean technology.




Please note: Comment moderation is enabled and may delay your comment. There is no need to resubmit your comment.












RELATED NEWS

Latest Insight

Which countries produce the most wind energy? thumbnail

Which countries produce the most wind energy?

The world was producing nearly 238 gigawatts (GW) of wind energy as of
China ‘dumping’ low-cost solar cells on market? US says ‘yes’ thumbnail

China ‘dumping’ low-cost solar cells on market? US says ‘yes’

Have China’s solar cell makers been “dumping” their products on the US market
The 10 most water-stressed countries in the world thumbnail

The 10 most water-stressed countries in the world

From space, our planet might look like a “big blue marble” rich with

LATEST REPORTS
1

Who’s the leading smart-city brand?

More than half of the world’s nearly seven billion people now live in urban areas, and that proportion is expected to reach almost 69 per cent by 2050. To avoid pushing local and global systems to the point of collapse, cities will need to become much smarter and more efficient Read more ...
more info
2

Managing the smart-grid data overload

Developing the UK’s smart-grid infrastructure will require communications and data technologies that can manage far more information than utilities must handle today. That’s the focus of a strategy report from Greenbang Research: “Enabling the UK’s smart-grid future: The wireless spectrum debate.” The report answers such questions as: Should dedicated Read more ...
more info
3

Incentives fire up UK solar market

The introduction of the feed-in tariff (FIT) incentive policy on 1 April has sparked an explosive reaction in the UK renewable energy market with solar leading the way in installations, according to a new Greenbang research report titled, “The UK’s Feed-in Tariff: Impact, response and market trends for the decade Read more ...
more info