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Pavegen

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Flooring tile that converts the wasted kinetic energy from footsteps into renewable electricity

London, United KingdomFounded 2009Energy
Valuation $25–50M Last recorded · 2025
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Pavegen and the history behind them.

About Pavegen

Pavegen is a UK-based company operating at the intersection of renewable energy and data analytics. Founded in 2009 by Laurence Kemball-Cook, the firm has developed a flooring technology that converts the kinetic energy from human footsteps into off-grid electricity while simultaneously collecting data.

The company's origins trace back to Kemball-Cook's time as an Industrial Design and Technology student at Loughborough University. Tasked with finding a renewable energy solution for urban areas during an internship, he identified the challenge of deploying solar and wind power in dense city environments. This led to the conception of Pavegen, which he initially developed in his student room and later funded with a prize from the Royal Society of Arts. After struggling to gain initial traction, an unauthorized installation in London went viral, landing Westfield shopping centre as the first major client.

Pavegen's core product is a patented system of interactive floor tiles. When a person steps on a tile, it depresses by about 10mm, causing electromagnetic generators beneath it to convert the kinetic energy into 3-5 watt-seconds of electrical energy. This generated power can be used in real-time to operate low-energy applications like LED lighting, phone charging stations, and interactive displays, or it can be stored in batteries for later use. Beyond power generation, the system functions as a data collection platform, tracking footfall volume and traffic flow patterns, providing valuable metrics for clients. The company has expanded its offering to include a digital ecosystem that connects with users' smartphones, rewarding them for their steps on Pavegen walkways.

The business model targets two primary markets: permanent installations for smart cities and infrastructure clients, and temporary activations for events and brands. Clients include transport hubs, retail destinations, educational institutions, and corporations like Google, Siemens, Adidas, and Shell. Revenue is generated through the sale and installation of these systems, which are promoted as a way for clients to achieve sustainability goals and enhance user engagement. The company has secured over $17 million in funding through multiple rounds, including support from investors such as the Hinduja Group and Tamar Capital, as well as successful crowdfunding campaigns.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2009
Headquarters
London, United Kingdom
Employees
32
Open positions
1
Dealroom signal
62.1/100
Industry
Real Estate
Sub-industry
Clean Energy, Construction
Sector
Energy, SME, Flooring, Spinout, Smart Cities, Sustainable Development Goals, Urban Tech, Industrial Technology
Technology
Big Data, Deep Tech
Business model
Manufacturing
Client focus
b2b

Funding history

10 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VC✓Equity / VC Sep 2025 $1.8M $44M Undisclosed ↗
LATE VC✓Equity / VC Jun 2025 $0 — House of Saud ↗
Showing the latest 2 of 10 recorded eventsBook a demo for the full funding history →

Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

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Growth signals

Pavegen website traffic

Latest recorded traffic for Pavegen is 19K monthly website visits, down 34.5% over the last three months. Pavegen's team declined 5.9% over the past year.

Latest monthly visits19K 3-month web change-34.5% 1-year team growth-5.9%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Open positions

Openings linked to this company in Dealroom
1 distinct opening shownExplore hiring signals →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

9 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed2 investors entered at this stage

Series A1 investor entered at this stage

  • Wadi Makkah Ventures

Series B and later2 investors entered at this stage

  • Wealth Club
  • House of Saud

Other known investors4 additional known investors

  • Loughborough University
  • Joel Michael
  • Renaissance Capital Partners
  • World Solver Syndicate
Team profiled 29 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 5 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
7 countries with
team presence
🇬🇧 United Kingdom68.2%
🇺🇸 United States9.1%
🇴🇲 Oman4.5%
🇦🇺 Australia4.5%
🇫🇷 France4.5%
Top 5 of 7 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Pavegen on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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