Groundbreaking technology enables major CO2 savings and reduces reliance on rare earth materials
Louvain-la-Neuve, Belgium — e-peas, a leader in ultra-low-power management and energy harvesting PMIC technology, today announced the closing of a €17.5 million funding round. The investment, led by Otium Capital, reinforces e-peas’ position at the forefront of the fast-growing energy harvesting PMIC market and highlights its role in advancing sustainable electronics.
The round also attracted new investors Nomainvest and the EIC Fund, alongside existing supporters KBC Focus Fund, The Faktory, Wallonie Entreprendre, Noshaq-Leansquare, and InvestBW — a testament to ongoing confidence in e-peas’ innovative product roadmap.
Energy Harvesting PMIC Technology Driving Sustainability
As electronic manufacturers face growing pressure to improve sustainability, energy harvesting PMIC solutions are becoming a key enabler for reducing both carbon footprints and dependence on rare earth materials.
e-peas has pioneered energy harvesting technologies that capture ambient energy from:
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Light
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Radio frequency (RF)
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Thermal gradients
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Vibration
By eliminating the need for frequent battery replacements, energy harvesting PMIC solutions dramatically lower the environmental impact of connected devices.
Already, e-peas’ technology is powering a wide range of products:
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TV remote controls
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Smart home devices
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Electronic shelf labels
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Wearables
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Industrial IoT sensors
The market for energy harvesting PMIC applications continues to expand, driven by increasing demand for energy-efficient solutions and new regulations such as the EU Green Deal and Corporate Sustainability Reporting Directive (CSRD).
Funding Fuels Innovation and Market Expansion
The €17.5 million investment will accelerate the commercialization of e-peas’ Ambient Energy Management (AEM) products — a flagship line of advanced energy harvesting PMIC solutions — while supporting the development of new ultra-low-power processing and sensing technologies.
Pierre Menard of Otium Capital highlighted:
“e-peas’ revolutionary innovation is poised to address the booming energy harvesting market.”
Philippe Niessen from Nomainvest added:
“A disruptive technology solving a sustainability issue convinced us to support Geoffroy, Julien, and their team.”
Svetoslava Georgieva, Chair of the EIC Fund Board, said:
“The EIC Fund has established itself as a strong force in EU deep-tech investments and we are very happy to support e-peas, leading the way towards energy efficiency in electronic devices. Their groundbreaking technology allows for carbon footprint reduction, and is very much aligned with EU’s Green Deal objectives, and also new regulations like Corporate Sustainability Reporting Directive (CSRD).”
Nuno Carvalho from KBC Focus Fund further commented:
“e-peas’ leading technology is already contributing to reduce the carbon footprint of electronic devices, and will change the way consumers look at battery powered devices. We are excited to welcome on board Otium, Nomainvest, and EIC Fund as new investors to support the growth journey.”
e-peas: Shaping the Future of Sustainable Electronics with Energy Harvesting PMIC Solutions
Based in Belgium, e-peas is a recognized leader in energy harvesting PMIC innovation and a key player in Europe’s growing semiconductor ecosystem.
With a robust product pipeline and expanding customer base, e-peas is delivering the technologies needed to enable battery-less, ultra-low-power, and energy-autonomous devices. The company’s solutions are helping customers across multiple industries achieve their sustainability and energy efficiency goals.
With this latest round of funding, e-peas is positioned to further accelerate deployment of its energy harvesting PMIC solutions and drive innovation in next-generation ultra-low-power electronics — paving the way for a more sustainable, energy-efficient future.
About Otium Capital: Otium Capital (www.otiumcapital.com) is a family office, managing the assets of founder Pierre-Edouard Stérin. Combined, the team supports more than 100 companies, as minority or majority shareholder. As an evergreen investor, Otium believes the investor’s time should match the entrepreneur’s objectives. With over €1.6 billion Assets Under Managements, Otium invests at all stages of development, from Seed and Series A to Growth and Buy & Build projects, in various fields, from venture tech and consumer to industry and real estate.
About Nomainvest: Nomainvest is a Belgian multi-family investment company with a strong focus on private equity investments (venture capital, growth capital and buyouts) in Belgium, Germany, France, Luxembourg, and Netherlands. We are a strategic partner with a long term vision for ambitious companies with innovative growth projects in the following sectors: sustainable construction & housing, environment, climate & sustainable energy, mobility, and healthcare & demographics. You will find more information on our website www.nomainvest.eu
About EIC Fund: The European Innovation Council Fund from the European Commission is an agnostic Fund: it invests across all technologies and verticals, and all EU countries and countries associated to Horizon Europe. It provides the investment component of the EIC Accelerator blended finance. The EIC Fund aims to fill a critical financing gap and its main purpose is to support companies in the development and commercialisation of disruptive technologies, bridging with and crowding in market players, and further sharing risk by building a large network of capital providers and strategic partners suitable for co-investments and follow-on funding. The Fund pays particular attention to the empowerment and support of female founders as well as the ambition to reduce the innovation divide among EU countries.
For further information, please contact:
Rhianna Ogle, TKO Marketing Consultants
T: +44 7866 997774
E: rhianna@tko.co.uk
