e-peas
e-peas designs energy harvesting and power management integrated circuits that allow IoT devices to operate without batteries, using solar light, vibrations or heat.
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Podcast Episode
🎙️ Deep Dive
QuantumDiamonds, e-peas, Pixel-Flo — chip inspection, batteryless IoT and industrial MicroLEDs — Daily News July 9, 2026
Listen to the episodeAbout e-peas
e-peas is a Belgian fabless semiconductor startup founded in 2014 in Louvain-la-Neuve. The company designs ultra-low-power chips for energy harvesting and power management, intended for IoT devices that need to operate without conventional batteries by using ambient energy from sources such as solar light, vibrations and temperature differentials. In July 2026 it raised €19.2M in a round including Crédit Mutuel Innovation, SFPI, European Innovation Council, Wallonie Entreprendre, KBC Focus Fund, Otium, Nomainvest, The Faktory and Invest BW. The round will fund product scaling and commercial expansion.
The Story
Founded in 2014, e-peas was created to solve IoT's battery dependency problem by designing chips that turn ambient energy into continuous power.
How e-peas works
Business Model
Fabless semiconductor: designs chips, outsources manufacturing, sells to IoT device makers.
Revenue Model
Chip sales, IP licensing and design services.
Products & Services
Key Products
- Energy harvesting ICs
- Ultra-low-power power management ICs
- AEM (Autonomous Energy Module)
Core Use Cases
- Batteryless IoT sensors
- Industrial monitoring
- Smart building sensors
- Wearables
- Environmental monitoring
- Asset tracking
Market & Clients
Key Customers
Manufacturers of industrial IoT devices, smart building sensors, wearables and environmental sensors operating in remote or unattended contexts.
Geographic Presence
How e-peas competes
Competitors
Competitive Advantages
- Deep specialisation in energy harvesting for batteryless IoT
- Founded 2014 with over a decade of design expertise
- European regulatory and strategic alignment
How e-peas grows
Growth Strategy
Scale chip production, expand customer base in industrial IoT and smart building markets, deepen integration with IoT platforms.
Distribution Model
B2B direct sales and distribution to electronics manufacturers and IoT OEMs.
Moat (Defensibility)
IP portfolio in energy harvesting and ultra-low-power design, decade of application know-how and ecosystem of IoT device manufacturer customers.
Regulatory Context
Relevant to IoT sustainability, battery regulation, European Green Deal and energy efficiency standards.
Key Risks
- Foundry dependency and supply chain risk
- Competition from large semiconductor players
- Adoption pace of batteryless IoT in industrial segments
- Long design-in cycles
Strategic Insights
- Energy harvesting solves a physical bottleneck: the energy autonomy of remote and unattended IoT sensors.
- The fabless model enables scaling without fab investment, but requires solid foundry partnerships.
- Industrial IoT and smart buildings are the most concrete near-term traction markets for these chips.
Funding & Investors
Funding Rounds
- 2026 - Growth round: €19.2M
Key Investors
Key Metrics
Lessons from e-peas
- In deep-tech hardware, the time from founding to a growth round can be long: e-peas was founded in 2014 and is scaling in 2026.
- The fabless model reduces capex but shifts risk to manufacturing partnerships.
- Batteryless IoT is a market growing alongside the industrialisation of edge computing.
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