What is Micropelt?
Micropelt is at the forefront of energy harvesting, developing innovative technologies that convert ambient environmental conditions—such as heat, sunlight, vibrations, and magnetic fields—into usable electrical energy. Their product suite includes intelligent thermostats and advanced heating control systems designed to substantially reduce heating costs for businesses and organizations. By integrating cutting-edge solutions like LoRaWAN and EnOcean technologies, Micropelt is committed to enhancing environmental sustainability within the built environment, positioning itself as a key player in the green technology sector.
How much funding has Micropelt raised?
Micropelt has raised a total of $12.5M across 2 funding rounds:
Series A
$6M
Unspecified
$6.5M
Series A (2006): $6M with participation from L-Bank, SHS Gesellschaft fu00fcr Beteiligungsmanagement mbH, and KfW Mittelstandsbank
Unspecified (2012): $6.5M led by L-Bank and Ludgate Environmental Fund
Key Investors in Micropelt
L-Bank
L-Bank is the state bank of Baden-Württemberg, dedicated to supporting local businesses and communities through specialized loan programs and financial aid, thereby strengthening the region's economic health.
Ludgate Environmental Fund
Ludgate Investments Ltd. is a prominent cleantech investor focused on sustainable and scalable business models, specializing in electrification and energy transition to drive systemic change in response to climate change.
KfW Mittelstandsbank
KfW IPEX Bank, a subsidiary of KfW Banking Group, finances international and export projects, with a particular focus on supporting environmental and climate protection initiatives and development.
What's next for Micropelt?
With the recent strategic investment and substantial overall backing, Micropelt is poised for significant growth and innovation. The company's focus on energy harvesting and sustainable building technologies aligns with global trends towards decarbonization and energy efficiency. Future developments are likely to involve further refinement of their energy harvesting modules, expansion into new market segments, and strategic partnerships to broaden the adoption of their eco-friendly solutions. This capital will fuel research and development, enabling Micropelt to solidify its market position and drive the transition towards smarter, more sustainable infrastructure.
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