Pavegen Systems

Pavegen have globally pioneered a flooring tile that converts the wasted kinetic energy from footsteps into renewable electricity. The highly-engaging, people-powered innovation has the ability to transform smart cities of the future, entirely through footfall. Headquartered in London, we have generated cumulative revenues in excess of £2.5 million, with over 100 completed projects in 30 countries worldwide. Key global clients include: Diageo, Schneider Electric, Ford Motor Company, Adidas, Siemens, Nike, Coca-Cola, and West Ham Station for the 2012 Olympics.
Type
Private
HQ
London, GB
Founded
2009
Employees
40 (est)-4%
Pavegen Systems was founded in 2009 and is headquartered in London, GB

Pavegen Systems Locations

London, GB

Pavegen Systems Metrics

Pavegen Systems Summary

Founding Date

2009

Total Funding

$4.12 M

Latest funding size

$3.12 M

Time since last funding

over 1 year

Investors

Pavegen Systems's latest funding round of $3.12 M was in July 2015. In total, Pavegen Systems has raised $4.12 M.

Pavegen Systems Financials

Pavegen Systems's revenue was £896 K in FY, 2015 which is 24.19% increase from the previous period.
FY, 2014FY, 2015

Revenue

£721 K£896 K

Revenue growth, %

24.2%

Cost of sales

£459 K£948 K

Gross profit

£262 K£-52.6 K

Gross profit Margin, %

36.3%-5.9%

Operating expense total

£413 K£733 K
20% of current employees of Pavegen Systems are female and 80% are male.

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