Micropelt raises 6.5 million euros for market launch and expansion
May 04, 2012 // Julien Happich
Micropelt has raised 6.5 million euros for the roll-out and global expansion of its thin-film thermoelectric energy harvesting technology.
The fresh liquidity include a 5 million euros investment by Ludgate Environmental Fund (LEF), a 1 million euro by the Fund of Mitsubishi UFJ Capital (MUCAP ) and 0.5 million euro by the existing shareholders IBG / Goodvent, KfW, L-Bank and SHS.
Micropelt's thermal micro energy harvesting technology, which uses waste heat to create electricity, will be rolled out to high-growth cleantech markets in Europe, Japan and globally. The microchip-sized device displaces batteries in automated equipment and has multiple domestic and industrial applications. Examples of initial applications for the device include in radiator valves, industrial automation and remote monitors that assess the condition of technical equipment.
Micropelt opened the thin-film thermoelectric production facility, a world’s first, in June 2011 in Halle, Germany. Since then the company has been focused on increasing production volumes and reducing per unit cost. Fritz Volkert, CEO of Micropelt, said: 'This investment provides Micropelt with a strong boost to our production capacity and the ability to drive the commercialisation of our technology. We are delighted that Ludgate Environmental Fund has spearheaded, this very important funding round, participating alongside MUCAP.’
Visit Micropelt at www.micropelt.comAll news
Searchable 4K mobile imaging soon a commodity
October 06, 2015
Cadence has just unveiled its latest image and video processing DSP core, the Tensilica Vision P5, boasting a 13X performance ...
Virtual reality: a real driver for GPUs, says ARM
Lossy Adesto preps IPO
u-blox and Cohda Wireless partner on V2X
Elon Musk targets high-volume solar panel dominance
Volvo shows user interface for self-driving cars
October 05, 2015
Automated driving poses specific requirements to the user interface of the cars, in particular for the transition phases ...
Volkswagen has given engineering a black eye
MEMS platforms are way to go, says Bosch's Finkbeiner
Put FPGAs in your SoCs
- Determine Balancing Current for the LTC3305 Lead-Acid Battery Balancer
- 3 Ways to Simplify Medical Device Testing
- Thread Networking Protocol Simplifies Connecting “Things” in the Home and Beyond
- High Voltage CMOS Amplifier Enables High Impedance Sensing with a Single IC
InterviewMEMS platforms are way to go, says Bosch's Finkbeiner
In the two years since we last interviewed Stefan Finkbeiner, CEO of Bosch Sensortec, the company has taken over from STMicroelectronics as the leading global supplier of MEMS components. Here he explains ...
Filter WizardCheck out the Filter Wizard Series of articles by Filter Guru Kendall Castor-Perry which provide invaluable practical Analog Design guidelines.
Linear video channel
READER OFFERRead more
This month, LabNation is giving away three of its SmartScope open source USB oscilloscopes, worth 229 Euros each, for EETimes Europe's readers to win.
Successfully funded through Kickstarter last year, the SmartScope is claimed to be the world's first test equipment designed to run on multiple operating systems and platforms such as smartphones, tablets and PCs. It is powered directly from... MORE INFO AND LAST MONTH' WINNERS...
December 15, 2011 | Texas instruments | 222901974
Unique Ser/Des technology supports encrypted video and audio content with full duplex bi-directional control channel over a single wire interface.