Dracula Technologies, a pioneer in enabling battery-free IoT through energy harvesting from ambient indoor light, announced the completion of its Series A extension round, bringing the total Series A funding to €30 million.
This marks a key milestone in the company’s mission to eliminate batteries from billions of connected devices worldwide. The new funding will allow Dracula Technologies to scale up production, explore industrial partnerships to add additional manufacturing capacity closer to key markets, support global deployment to better serve customers worldwide, and solidify its position as a leader in sustainable power for IoT.
