Dracula Technologies, the French energy scavenger, has completed a €30 million Series A.
The new funding will allow the company to scale up production, explore industrial partnerships to add additional manufacturing capacity closer to key markets and support global deployment to better serve customers worldwide.
In addition to past investors, Series A investors include Banque des Territoires, acting on behalf of the French State under the “France 2030” programme, MGI Digital Technology Group, an industrial partner in digital printing technologies and the European Innovation Council (EIC) Fund as well as past investors.
To support growing demand in key sectors such as smart buildings, asset tracking, and IoT sensors, Dracula Technologies is currently fulfilling multi-year, high-volume contracts from global industry leaders to replace batteries in billions of devices using only ambient indoor light. By eliminating the environmental and operational burden of battery replacement, the company is helping customers meet sustainability goals at scale.
