Dracula Technologies, a French company that is developing battery-free IoT through energy harvesting from ambient indoor light, has completed a Series A extension round.
Company successfully completes Series A extension round Credit: Dracula Technologies
To date the total Series A funding has risen to €30 million and will allow Dracula Technologies to scale up production, explore industrial partnerships to add additional manufacturing capacity closer to key markets, support global deployment, and strengthen its position as leading provider of sustainable power for IoT.
The extension round includes participation from existing investor Banque des Territoires, acting on behalf of the French State under the “France 2030” program, and leading the financial operation, together with MGI Digital Technology Group, a pioneering industrial partner in digital printing technologies, and historical private investors.
