• Pavegen

  Led · Equity · Sep 2011

  Pavegen produces floor tiles that convert the kinetic energy of footsteps into electricity and capture footfall data, and is developing an ecosystem to reward people for steps on its walkways. The company has deployed installations across smart cities, retail, transport hubs and education institutions and reports a 15% engagement uplift at its first shopping‑centre deployment. Pavegen has expanded into 36 countries and reported £1.8m in revenue in 2018. It has a Memorandum of Understanding with Siemens to develop smart city projects and cites partnerships to accelerate deployments. The company emphasizes both the power‑generation and data aspects of its product and aims to make the technology ubiquitous in cities with partner support. Pavegen develops technology that converts footsteps into electricity to power services in high-footfall locations and to provide real-time data for analytics. The company has delivered over 100 projects across 30 countries, including installations at Heathrow Airport and Harrods. Pavegen has generated revenue of over Pavegen designs and manufactures floor tiles that capture kinetic energy from footfall and convert it into renewable electricity. The first prototype was developed in 2009 as part of founder Laurence Kemball-Cook’s final year university project. The company has completed installations across transport, retail, schools and offices in over 20 countries on three continents and has distributors in nine countries. Led by CEO and Founder Laurence Kemball-Cook and CTO Craig Webster, Pavegen employs a 25-strong team of designers, engineers and technicians. The company intends to use the recent funding to scale sales and streamline its tile to bring costs in line with high-standard flooring solutions. Pavegen Systems has developed an off-grid technology that converts the kinetic energy from footsteps into electricity. The generated electricity can be stored in batteries or used to power lighting, displays and signage. The company plans to use proceeds from its first funding round to scale up production. It is working with partners to supply their sites with the capacity to generate clean energy and to communicate those partners' commitment to a clean environment. Pavegen was founded in 2009 by CEO Laurence Kemball-Cook, an engineering graduate of Loughborough University. The company completed its first funding round with backers including London Business Angels members and a £210k commitment from Mark Randall of Renaissance Capital Partners; the total amount and instrument were undisclosed.

No current team members are available.