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
Design win; IDT meets IKEA
April 24, 2015
Integrated Device Technology, Inc. (IDT) has disclosed that IKEA has chosen IDT’s wireless power transmitters to embed in ...
Eurotech to offload its cloud offering to iNebula
Electric vehicles: Driving range decides
Samsung details its flex display
3D-printing aerogels for energy storage
Gartner lowers 2015 chip market growth forecast
April 23, 2015
A mix of currency shifts, excess inventory and the end a PC upgrade cycle is set to slow growth in the global semiconductor ...
Hexagon, Xylon join forces for smart CT-based quality control systems
PSA, IBM tie Connected Car to the Internet of Things
Disposable sensor patch analyses golfers' swing
- Smart Capacitive Design Tips
- Wireless MCUs and IoT
- Battery Management System Tutorial
- Deciding if Automated Test is right for your Company
InterviewInfineon: CAN FD success goes at the expense of FlexRay
The faster version of the venerable CAN bus, CAN FD is currently taking off at several carmakers. Infineon's Thomas Böhm, Head of Body / Automotive, believes this could well go at the expense of FlexRay. ...
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, DecaWave is offering EETimes Europe's readers the chance to win two TREK1000 kits to evaluate its Ultra-Wideband (UWB) indoor location and communication DW1000 chip in different real-time location system topologies.
Worth €947, the kit allow designers to prove a concept within hours and have a prototype ready in days. Based on the two-way ranging scheme, the kit lets you test...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.