EnOcean, based in Oberhaching, Germany, develops maintenance-free, battery-free sensor-to-cloud solutions for sustainable IoT. Its products harvest energy from movement, light, or temperature changes using miniaturized energy converters, ultra-low electronics, and radio technology. The company supports open multi-protocol connectivity (EnOcean, Zigbee, Bluetooth, BACnet, Modbus, LON, and IAP) to enable smart buildings, services, and industrial processes. EnOcean’s solutions are used in building automation, smart homes, LED lighting control, and industrial applications to help optimize the CO2 footprint of buildings. It partners with more than 500 product manufacturers and says it has completed installations in more than a million buildings worldwide. Led by CEO Raoul Wijgergangs, EnOcean plans to use the new investment to accelerate growth, develop new sustainable IoT solutions, and widen its market footprint. The article does not disclose financial details of the investment. EnOcean produces maintenance-free wireless sensor solutions for use in buildings and industrial installations. The company said it will use new funding to develop an energy‑autonomous wireless technology and to expand its international market presence. Management indicated the financing will allow intensified sales activities in Europe, North America and Asia and further development of its platform technology. EnOcean currently employs 50 people in Germany and the USA. The company is based in Oberhaching, Germany and serves building and industrial customers with its wireless sensing platform.

Total raised

$12M

Funding rounds

2

Latest round

Equity

Latest activity

Dec 2009