ADVERTISEMENT

Subscribe to the PowerPulse Newsletter

Conferences and Forums

Darnell's Energy Summit

Darnell's Power Forum

Green Building Power Forum

Smart Grid Electronics Forum

Industry News

August 22, 2008

EnOcean Receives Venture Capital Investment Of €4.5 Million

EnOcean GmbH announced that it has received €4.5 million for acquisition of new markets worldwide and continued development of its self-powered wireless technology for energy-efficient systems in the building sector. This brings the company’s total amount of venture and growth capital since it was founded to over €20 million.

EnOcean describes itself as the market leader in the field of wireless sensors for applications in building and industry. With a stated annual turnover and sales growth of 100%, the company has sold some half a million units and estimates the market potential for self-powered wireless modules to be several hundred million modules a year. New international customers include Masco Corp., Leviton Company Inc., Honeywell International Inc., and Eltako GmbH.

ADVERTISEMENT

According to the company, due to the major success of its EnOcean Alliance, which manages worldwide standardization of EnOcean technology and co-finances the marketing of products that use EnOcean technology, lendors and investors had even further incentive to invest in EnOcean’s expansion.

Related: Four-Junction Solar Cell for Concentrator Photovoltaic Systems Achieves 43.6% Efficiency

"This new financing will be focused on expanding the European and North American markets, and establishing new markets, especially in Asia. In addition, we’re investing in further development of our technology and products," commented Uwe Thumm, CFO of EnOcean GmbH.

The investors with the largest shares are Wellington Partners GmbH, and 3i Group plc. Venture capital has also been provided by Emerald Technology Ventures AG, Siemens Venture Capital GmbH, Siemens Technology Accelerator GmbH, BayTech Venture Capital Beratungs GmbH, and ATMOS S.p.A..

Opinion: Maximising Synergies between Power Electronics and ICT for improving Energy Efficiency

Share this story

Send via E-mail
Post to Twitter

On the Web:

EnOcean GmbH

ADVERTISEMENT

White Papers

March 11, 2013

Power Modules for Charger Applications

Sponsored by Vincotech

February 27, 2013

The Adaptive Cell Converter Topology Enables Constant Efficiency Over Universal Input AC Line in Front-End, High-Density Power Factor Correction Applications

Sponsored by Vicor Corp.

February 27, 2013

From 48 V direct to Intel VR12.0: Saving "Big Data" $500,000 per datacenter, per year

Sponsored by Vicor Corp.

More White Papers

Most Popular

Design Features

October 22, 2012

Energy Efficiency with Class D Amplifier Modules

Class-D switching amplifiers are helping audio designers create personal multimedia devices and home audio/visual systems that demonstrate how compact and stylish equipment can also deliver high sound quality and high audio output power. The key to this breakthrough, providing freedom from the large and bulky boxes housing traditional audio products, lies in the class-D amplifier’s high energy efficiency, which is typically around 90%. This allows designers to reduce or eliminate heatsinks as well as using smaller-sized PCBs and smaller components such as transformers, connectors and power supplies.

Read this paper

Design Features

October 8, 2012

The Role of Hall Effect Sensors in Power Distribution Infrastructure

Power distribution units (PDUs) form an essential part of modern computing and data communications hardware. They provide multiple outputs for transferring electrical power with maximum efficiency, controlling the power capacity and safeguarding against the possible causes of supply interruption. With an ever increasing need from tech savvy consumers for higher data throughput and greater quantities of data storage capacity, as well as tough international legislation now governing CO&sub2; emissions, the demands being placed on these units are proving challenging for engineering teams to satisfy.

Read this paper

Product Focus

August 13, 2012

The Year in AC-DC Power Supply Technology

The past year witnessed significant new product releases, technological developments, and industry news related to the field of AC-DC Power Supply technology.

Read this paper

Read More Technical Features

 

©2013 Darnell Group Inc.