Dracula Technologies Powers Battery-Free IoT Revolution with €30M Funding
October 28, 2025, 9:33 pm
Dracula Technologies secured a €30 million Series A extension. This funding fuels global expansion of battery-free IoT solutions. The French innovator uses proprietary LAYER technology, converting ambient light into electricity for connected devices. Capital will scale production at its Green MicroPower Factory, boosting output to 600 million cm² annually. New international partnerships are planned. This strategic investment positions Dracula Technologies to lead the sustainable IoT market, reducing electronic waste and driving green technology adoption in smart buildings, asset tracking, and sensor networks. It solidifies their role in critical European sustainability and digital autonomy goals.
Dracula Technologies has secured a substantial €30 million in Series A funding. This significant capital injection signals a major leap for battery-free Internet of Things (IoT) solutions. The French firm, based in Valence, is a recognized pioneer in sustainable energy for connected devices. This investment accelerates its mission: powering the IoT revolution with ambient light.
The funding round saw strong participation. Banque des Territoires, acting for the French State under the “France 2030” program, led the extension. MGI Digital Technology Group also contributed. The European Innovation Council (EIC) Fund joined as a new strategic partner. This collective backing underscores confidence in Dracula Technologies’ innovative approach.
This fresh capital will propel the company’s expansion. Manufacturing capacity will see a massive increase. Dracula Technologies aims to solidify its position as a global leader. Sustainable energy solutions for connected devices are its core focus. The funds will support heightened production levels. New international industrial partnerships are on the horizon. Global deployment will expand to meet surging customer demand.
Dracula Technologies developed proprietary LAYER technology. This innovation transforms indoor ambient light into electricity. Printed organic photovoltaic (OPV) modules perform this conversion. The result: IoT devices operate without traditional batteries. This eliminates a critical pain point in the rapidly growing IoT sector.
The company has built a strong reputation. Its energy-harvesting solutions are robust. They directly address the need to remove batteries from billions of IoT devices. Applications for this technology span wide-ranging sectors. Smart buildings benefit from consistent, battery-free power. Asset tracking systems gain reliability. Sensor networks achieve greater longevity and reduced maintenance.
Currently, Dracula Technologies fulfills high-volume contracts. Major global clients seek its solutions. These partners aim to replace conventional batteries in their connected devices. This shift offers dual benefits. It drastically reduces electronic waste. It also helps organizations meet stringent sustainability targets. The move aligns with global environmental imperatives.
A key strategic shift involves manufacturing. Dracula Technologies will transition from sheet-to-sheet to roll-to-roll inkjet production. This move significantly boosts output efficiency and scale. Production capacity will soar to 600 million cm² per year. This expansion takes place at its Green MicroPower Factory in Valence, France.
The Valence facility is world-leading. It stands as the largest factory dedicated to printed OPV module production. Its manufacturing yields approach an impressive 95 percent. This demonstrates high efficiency and quality control. The company’s long-term strategy extends further. It plans to establish new production sites. These will be strategically located near key markets worldwide. This ensures better service for global customers. The workforce in France will also continue its growth trajectory.
The market opportunity is substantial. Experts estimate the battery replacement technology market at €10 billion. This figure is projected to grow fivefold by 2030. Dracula Technologies is uniquely positioned to capture a significant share of this growth. By harvesting light, it provides a clean power source. This enables truly sustainable innovation within the fast-growing IoT landscape.
Investor confidence stems from a proven track record. Banque des Territoires and MGI Digital Technology have been long-term partners. They supported Dracula Technologies since its early development phases. The EIC Fund's addition further strengthens its European base. This aligns directly with broader EU goals. These include sustainability, digital resilience, and industrial autonomy.
Dracula Technologies' approach stands apart. Many firms address energy efficiency or solar integration. Dracula Technologies focuses on battery-free IoT specifically powered by ambient indoor light. This niche remains distinct. Its LAYER Vault product further enhances capabilities. It combines low-light energy harvesting with storage on a single, flexible film. This ensures uninterrupted device functionality.
The company was founded in 2012. It has consistently pushed the boundaries of low-power electronics. Its organic photovoltaic modules utilize patented digital printing. This process is highly advanced. The technology represents a significant step towards a truly green digital future.
This new funding empowers Dracula Technologies to scale rapidly. It will explore additional industrial partnerships. These collaborations aim to add more manufacturing capacity. Locating these facilities closer to key markets is a priority. Global deployment will accelerate. This strategic positioning solidifies its leadership. The company is set to become the definitive global leader in sustainable power for IoT. The future of connected devices is increasingly battery-free, thanks to innovations like LAYER technology.
Dracula Technologies has secured a substantial €30 million in Series A funding. This significant capital injection signals a major leap for battery-free Internet of Things (IoT) solutions. The French firm, based in Valence, is a recognized pioneer in sustainable energy for connected devices. This investment accelerates its mission: powering the IoT revolution with ambient light.
The funding round saw strong participation. Banque des Territoires, acting for the French State under the “France 2030” program, led the extension. MGI Digital Technology Group also contributed. The European Innovation Council (EIC) Fund joined as a new strategic partner. This collective backing underscores confidence in Dracula Technologies’ innovative approach.
This fresh capital will propel the company’s expansion. Manufacturing capacity will see a massive increase. Dracula Technologies aims to solidify its position as a global leader. Sustainable energy solutions for connected devices are its core focus. The funds will support heightened production levels. New international industrial partnerships are on the horizon. Global deployment will expand to meet surging customer demand.
Dracula Technologies developed proprietary LAYER technology. This innovation transforms indoor ambient light into electricity. Printed organic photovoltaic (OPV) modules perform this conversion. The result: IoT devices operate without traditional batteries. This eliminates a critical pain point in the rapidly growing IoT sector.
The company has built a strong reputation. Its energy-harvesting solutions are robust. They directly address the need to remove batteries from billions of IoT devices. Applications for this technology span wide-ranging sectors. Smart buildings benefit from consistent, battery-free power. Asset tracking systems gain reliability. Sensor networks achieve greater longevity and reduced maintenance.
Currently, Dracula Technologies fulfills high-volume contracts. Major global clients seek its solutions. These partners aim to replace conventional batteries in their connected devices. This shift offers dual benefits. It drastically reduces electronic waste. It also helps organizations meet stringent sustainability targets. The move aligns with global environmental imperatives.
A key strategic shift involves manufacturing. Dracula Technologies will transition from sheet-to-sheet to roll-to-roll inkjet production. This move significantly boosts output efficiency and scale. Production capacity will soar to 600 million cm² per year. This expansion takes place at its Green MicroPower Factory in Valence, France.
The Valence facility is world-leading. It stands as the largest factory dedicated to printed OPV module production. Its manufacturing yields approach an impressive 95 percent. This demonstrates high efficiency and quality control. The company’s long-term strategy extends further. It plans to establish new production sites. These will be strategically located near key markets worldwide. This ensures better service for global customers. The workforce in France will also continue its growth trajectory.
The market opportunity is substantial. Experts estimate the battery replacement technology market at €10 billion. This figure is projected to grow fivefold by 2030. Dracula Technologies is uniquely positioned to capture a significant share of this growth. By harvesting light, it provides a clean power source. This enables truly sustainable innovation within the fast-growing IoT landscape.
Investor confidence stems from a proven track record. Banque des Territoires and MGI Digital Technology have been long-term partners. They supported Dracula Technologies since its early development phases. The EIC Fund's addition further strengthens its European base. This aligns directly with broader EU goals. These include sustainability, digital resilience, and industrial autonomy.
Dracula Technologies' approach stands apart. Many firms address energy efficiency or solar integration. Dracula Technologies focuses on battery-free IoT specifically powered by ambient indoor light. This niche remains distinct. Its LAYER Vault product further enhances capabilities. It combines low-light energy harvesting with storage on a single, flexible film. This ensures uninterrupted device functionality.
The company was founded in 2012. It has consistently pushed the boundaries of low-power electronics. Its organic photovoltaic modules utilize patented digital printing. This process is highly advanced. The technology represents a significant step towards a truly green digital future.
This new funding empowers Dracula Technologies to scale rapidly. It will explore additional industrial partnerships. These collaborations aim to add more manufacturing capacity. Locating these facilities closer to key markets is a priority. Global deployment will accelerate. This strategic positioning solidifies its leadership. The company is set to become the definitive global leader in sustainable power for IoT. The future of connected devices is increasingly battery-free, thanks to innovations like LAYER technology.