What is eLichens?
eLichens focuses on developing cutting-edge gas sensors and Internet of Things (IoT) solutions, with a particular emphasis on methane detection and overall gas safety. Their product portfolio includes a range of devices such as natural gas detectors, methane monitors, and comprehensive air quality monitoring systems. These solutions are engineered for diverse applications across industrial safety, smart building management, and agricultural sectors. The company's mission is to enhance public health and safety by providing real-time access to critical gas emission data, further supported by their Global Air Quality Map initiative aimed at raising awareness of air pollution.
How much funding has eLichens raised?
eLichens has raised a total of $3.3M across 1 funding round:
Private Equity
$3.3M
Private Equity (2016): $3.3M with participation from Aereco, Sofimac, Emertec, BPI France, and ISource
Key Investors in eLichens
Aereco
Aereco is a developer of innovative ventilation solutions for residential and office buildings, focusing on modulating airflow rates to meet energy efficiency and indoor air quality needs. They offer demand-controlled ventilation systems and have a global presence.
Sofimac
Sofimac Innovation specializes in investing in technological innovation, providing support and financing for innovative projects and startups to enhance their technological capabilities and foster growth in the tech sector.
Emertec
Demea Sustainable Investment (formerly Emertec) is a significant European venture capital player focused on energy and ecological transition, investing in innovative startups and SMEs across various stages of development.
What's next for eLichens?
With the recent major strategic investment, eLichens is poised for significant expansion. The company's focus on critical areas like methane detection and gas safety, coupled with its IoT capabilities, positions it well for continued growth in a market increasingly concerned with environmental monitoring and industrial safety standards. The backing from strategic investors will likely fuel further research and development, enabling eLichens to enhance its sensor technology and broaden its smart building and agricultural applications. This funding round suggests a maturing stage for eLichens, enabling it to scale operations and solidify its market position.
See full eLichens company page
