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DateInvestorsAmountRound
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N/A

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Grant

€50.0k

Grant

£140k

Grant
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£1.3m

Grant

£620k

Grant
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N/A

£120k

Grant
Total Funding€2.7m

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Lightricity, based in Oxford, UK, is a pioneering company in the field of photovoltaic energy harvesting technology. The company specializes in developing advanced solutions that enable Internet of Things (IoT) devices and sensors to be self-powered, eliminating the need for frequent battery replacements. This technology is particularly beneficial for both indoor and outdoor applications, making it versatile across various environments.

Lightricity serves a broad range of clients, including manufacturers of smart devices, industrial sensors, and consumer electronics. These clients integrate Lightricity's energy harvesting technology into their products to enhance efficiency and sustainability. The company operates in the rapidly growing IoT market, which is expected to expand significantly as more devices become interconnected.

The business model of Lightricity revolves around the sale of its photovoltaic energy harvesting products and related services. These include indoor and outdoor energy harvesters, characterization tools, and design-in services that help clients integrate the technology into their own products. By offering the highest power per area ambient light energy harvesters, Lightricity positions itself uniquely in the market, providing cost-effective and sustainable solutions.

Revenue is generated through direct sales of products and services, as well as through partnerships and collaborations with other companies in the IoT ecosystem. The company also invests in continuous research and development to maintain its competitive edge and drive innovation in the field of energy harvesting.

Lightricity is also focused on talent acquisition, seeking individuals with advanced degrees in Electronics, Physics, and Software Engineering. The ideal candidates have expertise in semiconductors, photovoltaics, low power electronics design, and embedded firmware and hardware development.

Keywords: Photovoltaic, Energy Harvesting, IoT, Self-Powered Devices, Sensors, Sustainability, Indoor, Outdoor, Smart Devices, Innovation.

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