Pavegen
Overview
Pavegen is a clean-technology business that helps power change and generates positive outcomes for people and planet. Laying underfoot, our tiles harness the power of people’s footsteps, creating clean energy and unique experiences powered by our SaaS platform. We call this Citizen Impact; powered by Pavegen.
Pavegen sells to governments, global corporations and developers across 37 countries so have a resilient revenue model, across a number of markets. Clients include Google, Canary Wharf Group, Volvo, Siemens, US Government, Network Rail and Kia and company has a SaaS software recurring revenue sales model and a hardwear sales revenue line.
At a time when the world is rapidly changing around us, we are all waking up to the opportunity to help drive progress – and be a part of the solution to some of our biggest environmental and societal challenges. To move from passive consumerism to becoming proactive citizens. By being the technology that turns moments into movements, our mission is to help power progress and generate positive outcomes for people and planet. Because taking the first step to action starts with awareness.
Pavegen’s patented product is a combination of interactive energy hardware and intelligent software solutions offers a purposeful and targeted answer to rising market issues. Our technology converts the kinetic energy from footsteps into off-grid renewable energy, whilst producing permission-based data analytics for end-users. Energy generated can power local applications such as lighting, environmental monitoring, and data transmission. The physical interaction between a Pavegen tile and an individual builds a meaningful connection with our digital offering, continuing the interaction long after users have stepped off the walkways.
Company Highlights
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Problem and Solution
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Competitive Advantage
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Investment Offering
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