e-peas raises €8M
e-peas, a company developing and marketing disruptive ultra-low power semiconductor technology, has announced an €8M fundraising round led by Partech and Airbus Ventures, with KBC Focus Fund, SRIW, Noshaq Ventures and Startup Vives also contributing. The funds raised will go towards accelerating the introduction of new products and intensify the market penetrations of its existing products, as well as strengthening its commercial presence worldwide by opening more offices.
e-peas enables industrial and IoT wireless product designers to substantially extend battery lifespans and eliminate the heavy call-out costs of replacing batteries, without in any way compromising on reliability.
“Since our initial investment in 2017, we have been incredibly impressed by how Geoffroy and Julien have transformed a small R&D company into a recognized leader in low power IoT and edge computing with prestigious clients around the world. Geoffroy and Julien have also put the company in scale-up mode with the arrival of very experienced talents like Jean-Paul Bardyn and Christian Ferrier, have quadrupled the size of the team, and have developed an active commercial pipeline worth 500M$ over 3 continents. We are proud to be supporting E-Peas again on their journey to make the world run battery-free.”
Find more information in the press release here.