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
Infineon closes technology gap through International Rectifier takeover
August 20, 2014
Infineon has announced to swallow International Rectifier for the amount of $3 billion. With the move, the Munich-based chipmaker ...
Cloud license from Koubachi expands Sensirion's software capabilities
FlexTiles European project hints at reconfigurable 3D chips
Webinar: Insight into the WiFi-offload technology and lab testing
mCube forms indoor navigation subsidiary
EBVchips get their own dedicated website
August 20, 2014
EBV Elektronik has set up a dedicated website to offer its customers comprehensive online information on its unique EBVchips ...
Elektrobit opens another automotive software R&D facility in Finland
Webinar: Printed circuit board test and in line automation
IDC: 300 million smartphones shipped in Q2
- Building Blocks for the Internet of Things
- New Linear Regulators Solve Old Problems
- Testing GPS with a Simulator
- DSM presents: Select the best plastic for DDR4
InterviewCEO interview: Tronics' Langlois makes moves in MEMS
Pascal Langlois has been CEO at Tronics for nine months. He discusses plans for the company and directions for the complex and diverse MEMS technology sector.
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, Altium Ltd is offering EETimes Europe's readers the chance to win one TASKING VX-Toolset for ARM Cortex-M Premium Edition, normally licensed for 2.395 Euros, for ultra-rapid prototyping and code development around ARM Cortex-M based microcontrollers.
The VX-toolset for ARM is the first TASKING compiler suite to receive the Software Platform technology, which is seamlessly...Read more
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.