What is Pavegen?
Pavegen specializes in the installation of smart floor tiles that harness the kinetic energy from footsteps, converting it into usable electricity. Beyond power generation for small devices like LED lights and charging stations, these tiles also capture real-time foot traffic data. This dual functionality provides cities, brands, and public spaces with valuable analytics for engagement and sustainability initiatives, positioning Pavegen at the forefront of smart city and sustainable infrastructure solutions.
How much funding has Pavegen raised?
Pavegen has raised a total of $9.6M across 6 funding rounds:
Other Financing Round
$587K
Multiple Rounds
$4.8M
Other Financing Round
$3M
Crowdfunding
$1.3M
Other Financing Round (2011): $587K with participation from Newable Private Investing
Unspecified (2015): $675K, investors not publicly disclosed
Other Financing Round (2015): $1M supported by Ricky Husani
Angel/Seed (2015): $3.1M, investors not publicly disclosed
Other Financing Round (2019): $3M, investors not publicly disclosed
Crowdfunding (2025): $1.3M, investors not publicly disclosed
Key Investors in Pavegen
Ricky Husani
Ricky Husani participated in a prior financing round, indicating potential early-stage support or strategic advisory involvement.
Newable Private Investing
Newable Private Investing has a history of backing innovative companies, suggesting a focus on ventures with strong growth potential and disruptive technologies.
What's next for Pavegen?
The recent major strategic investment in Pavegen suggests a strong market validation and a clear path toward scaling its operations. With a focus on enterprise-level applications, the company is poised to expand its global reach and enhance its technology offerings. Future developments are likely to center on integrating its power generation and data analytics capabilities into larger urban development projects and commercial spaces, further solidifying its position as a leader in sustainable urban technology.
See full Pavegen company page
