About Pavegen
Pavegen is a company based in London (United Kingdom) founded in 2009 by Naomi Matthewman and Laurence Bernard Kemball-Cook.. Pavegen has raised $17.11 million across 7 funding rounds from investors including Hinduja Group, Wadi Makkah Venture and Tamar Capital. Pavegen offers products and services including Pavegen V3, Pavegen Solar+, Pavegen Walk to Light, and Custom Software Solutions. Pavegen operates in a competitive market with competitors including Ocean Renewable Power Company, INGINE, Bombora Wave Power, Witt Energy and Blackburn Energy, among others.
- Headquarter London, United Kingdom
- Founders Naomi Matthewman, Laurence Bernard Kemball-Cook
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Sectors
Energy & Utilities
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Email
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Phone
*********
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Website
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Social
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- Legal Name Pavegen Systems Ltd
- Date of Incorporation 04 Aug, 2009
- Jurisdiction LONDON, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$17.11 M (USD)
in 7 rounds
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Latest Funding Round
$3.29 M (USD), Series B
Jan 27, 2021
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Investors
Hinduja Group
& 3 more
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Employee Count
Employee Count
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Products & Services of Pavegen
Pavegen offers a comprehensive portfolio of products and services, including Pavegen V3, Pavegen Solar+, Pavegen Walk to Light, and Custom Software Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Interactive floor tile that generates electricity from footsteps
Combines solar and kinetic energy for power applications
Converts footsteps into light for interactive spaces
Provides software for energy management in smart environments
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Funding Insights of Pavegen
Pavegen has successfully raised a total of $17.11M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $3.29 million completed in January 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 7
- Last Round Series B — $3.3M
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First Round
First Round
(02 Sep 2011)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2021 | Amount | Series B - Pavegen | Valuation | Wadi Makkah Venture |
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| Dec, 2019 | Amount | Series B - Pavegen | Valuation |
investors |
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| Jul, 2019 | Amount | Series B - Pavegen | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Pavegen
Pavegen has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Hinduja Group, Wadi Makkah Venture and Tamar Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage startups in Hajj and Umrah sectors are supported.
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Founded Year | Domain | Location | |
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Tamar Capital is engaged in asset management and impact investing.
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Founded Year | Domain | Location | |
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Operations are managed across diverse sectors by the conglomerate.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Pavegen
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Pavegen
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Pavegen Comparisons
Competitors of Pavegen
Pavegen operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ocean Renewable Power Company, INGINE, Bombora Wave Power, Witt Energy and Blackburn Energy, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Helical horizontal axis turbines are developed for tidal power generation.
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| domain | founded_year | HQ Location |
Technology solutions provider for energy harvesting from the wave
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| domain | founded_year | HQ Location |
Wave energy is captured via seafloor pressure using inflatable membranes.
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| domain | founded_year | HQ Location |
Kinetic Energy harvester
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| domain | founded_year | HQ Location |
Kinetic energy is converted to electricity for truck power systems.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Pavegen
Frequently Asked Questions about Pavegen
When was Pavegen founded?
Pavegen was founded in 2009 and raised its 1st funding round 2 years after it was founded.
Where is Pavegen located?
Pavegen is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Pavegen?
Laurence Bernard Kemball-Cook is the current CEO of Pavegen. They have also founded this company.
Is Pavegen a funded company?
Pavegen is a funded company, having raised a total of $17.11M across 7 funding rounds to date. The company's 1st funding round was a Series B of $3.2M, raised on Sep 02, 2011.
What does Pavegen do?
Pavegen was founded in 2009 in London, United Kingdom. Flooring systems are developed to capture kinetic energy generated by human movement and transform it into renewable electricity and data outputs. These solutions are integrated into urban environments to support smart city applications and sustainable infrastructure. The company operates within the renewable energy sector, emphasizing practical implementations for public spaces and buildings.
Who are the top competitors of Pavegen?
Pavegen's top competitors include Ocean Renewable Power Company, Bombora Wave Power and Blackburn Energy.
What products or services does Pavegen offer?
Pavegen offers Pavegen V3, Pavegen Solar+, Pavegen Walk to Light, and Custom Software Solutions.
Who are Pavegen's investors?
Pavegen has 4 investors. Key investors include Hinduja Group, Wadi Makkah Venture, Tamar Capital, and London Business Angels.