In France, three years since its creation, BeFC is proud to have raised a €16M Series-A round of financing, supported by Avolta Partners as the sole financial advisor. This recent round of financing involved Otium Capital as the new lead investor, followed by a strong continued commitment from historical investors who include Demeter, BNP Paribas Développement and Supernova Invest.
BeFC invented ecological biofuel cells that are paper-based, ultra-thin, and flexible. Inspired by implantable technologies, their core technology revolves around the use of biocatalysts to convert natural biofuels (glucose and oxygen) into electricity. The biofuel cells can even be activated with environmental or biological fluids including sweat, blood, and urine. Client benefits: • eco-friendly • reduced costs of recycling or disposal • customisable shape, size, & performance • lower cost, environmental impact, & complexity • thin & flexible form factor • no risk of auto-ignition. In addition to a sustainable paper energy source, BeFC develops an ecofriendly active electronic sensor tag capable of collecting a range of sensor measurements (temperature, humidity, accelerometer, etc.) and transmitting the data wirelessly using several different protocols (NFC, BLE, Sigfox, etc.).
