In an exciting development for the Internet of Things (IoT) sector, Everactive has successfully raised $10.9 million in funding to further its mission of revolutionizing connected product development. Based in Santa Clara, CA, and with additional offices in Charlottesville, VA, and Ann Arbor, MI, Everactive specializes in empowering developers to design self-sustaining devices without the limitations of traditional batteries. The funding will be instrumental in enhancing their cutting-edge hardware toolkit and managed network, specifically engineered for batteryless devices. This innovative technology leverages proprietary low-power energy harvesting and wireless systems, allowing for "always-on" IoT solutions that are not just sustainable but also cost-effective and scalable. With this latest round of funding, Everactive is poised to expedite the deployment of its self-powered Eversensors, which operate exclusively on harvested energy, and facilitate the management of self-sustaining data streams. By opening new avenues for developers, the company aims to unlock a vast array of innovative hyperscale IoT applications that continuously analyze diverse datasets across multiple environments. This investment marks a significant step toward establishing a battery-free future in IoT technology, aligning perfectly with global sustainability goals and the growing demand for efficient resource management. As Everactive continues to forge ahead, it remains committed to helping developers create state-of-the-art solutions that redefine what's possible in the connected world.
Everactive Secures $10.9 Million in Funding to Revolutionize Batteryless IoT Solutions
Recently funded · $10.9MIndustrial Automation
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