What is Everactive?
Founded in 2012, Everactive operates at the intersection of low-power circuit design and wireless communication. The company specializes in designing and manufacturing self-powered IoT systems that harvest energy from their environment, such as thermal, solar, or vibration sources. This technological breakthrough addresses the primary bottleneck in large-scale IoT deployment: the maintenance and replacement of batteries in remote or inaccessible industrial environments. By providing continuous, maintenance-free data streams, Everactive enables enterprises to optimize asset performance, improve safety, and reduce operational downtime across manufacturing, energy, and facility management sectors.
How much funding has Everactive raised?
Everactive has raised a total of $122.8M across 6 funding rounds:
Series A
$5.3M
Series B
$16.5M
Other Financing Round
$30M
Debt
$1M
Series C
$35M
Unspecified
$35M
Series A (2014): $5.3M with participation from OUP (Osage University Partners), University of Michigan Investment in New Technologies Fund, Jaffray Woodriff, and New Enterprise Associates
Series B (2015): $16.5M led by Michigan Investment in New Technologies Fund, New Enterprise Associates, and Osage University Partners
Other Financing Round (2018): $30M supported by Future Fund
Debt (2020): $1M featuring PPP
Series C (2020): $35M backed by Fluke Corporation
Unspecified (2021): $35M with participation from Fluke Corporation and 40 North Ventures
Key Investors in Everactive
New Enterprise Associates
Established in 1977 and headquartered in Menlo Park, California, New Enterprise Associates is a venture capital firm focused on helping entrepreneurs build transformative businesses.
Osage University Partners
Osage Venture Partners is a Philadelphia-based venture capital firm that specializes in investing in early-stage B2B software companies, focusing on deep domain expertise and scalable business models.
Future Fund
The Future Fund is Australia's sovereign wealth fund, established in 2006 to invest for the benefit of future generations and support long-term government financial stability.
What's next for Everactive?
With the recent influx of capital, Everactive is well-positioned to accelerate its go-to-market strategy and expand its footprint within the industrial IoT ecosystem. The strategic focus will likely shift toward scaling production capabilities and deepening integration with existing enterprise software stacks. As the demand for real-time, actionable data in industrial settings continues to rise, Everactive's ability to provide persistent, battery-less monitoring offers a distinct competitive advantage. Future growth will likely be driven by strategic partnerships with industrial conglomerates and the continued refinement of their proprietary energy-harvesting chips, ensuring the company remains at the forefront of the sustainable technology revolution.
See full Everactive company page
