e-peas, based in Louvain-la-Neuve in Belgium, makes power management chips that collect tiny amounts of energy from light, heat or vibration so that sensors and remote controls can run without battery changes. In November 2025 it said one of its chips lets the Google TV G32 remote run on indoor light with a small rechargeable store. Its EIC project aimed at "the world's first integrated IoT platform" combining energy harvesting, edge computing and computer vision.
The European Innovation Council granted €2,500,000 towards a €7.2 million project from February 2023 to July 2025. The final report says it produced a microcontroller that draws 18 µA/MHz when active and under 350 nA in deep sleep, and image sensor prototypes using 300 picojoules per frame per pixel. In July 2026 e-peas raised $22 million led by Crédit Mutuel Innovation, with the EIC among the investors. Its accounts show a loss of €6.37 million in 2025, according to Companyweb.
Company file
- Legal entity
- e-peas SA, 0506.674.451, Ottignies-Louvain-la-Neuve
- CEO
- Geoffroy Gosset
- Products
- Energy-harvesting power management ICs, ultra-low-power microcontrollers and sensors
- Offices
- Belgium, Switzerland, United States
- Investors
- Crédit Mutuel Innovation, SFPIM, EIC, Wallonie Entreprendre, KBC Focus Fund and others
- EIC project
- 1 Feb 2023 to 31 Jul 2025
- EIC funding
- Blended finance; EIC in the 2026 round
Where e-peas Stands Now
The 2026 round included the Belgian federal fund SFPIM, Wallonie Entreprendre, KBC Focus Fund, Otium, Nomainvest, The Faktory and Invest BW alongside the EIC. The company said it would use the money to scale sales, enter new markets and widen its range. Its newsroom records a new hybrid indoor-outdoor solar harvesting chip shown at CES 2026, selection for Amazon's 2026 climate tech accelerator cohort and, in July 2026, the acquisition of Trametos intellectual property.
"This new investment is a strong endorsement of e‑peas' technology, strategy, and market traction."
Geoffroy Gosset, CEO, e-peas, July 2026The Technology: Living on Microwatts
e-peas's core products are power management chips for energy harvesting. The EIC project added two building blocks for devices that also compute and see: a microcontroller and an image sensor designed to run within the tiny power budget a harvester provides. The report describes two validated sensor prototypes and patent filings, but not a finished integrated platform on sale.
What the EIC Project Promised, and What CORDIS Shows
The project promised an integrated platform combining harvesting, edge computing and vision, and aimed to make e-peas "a European based global leader". It delivered record-low-power components as prototypes and evaluation platforms. CORDIS still lists the project as signed.
- Ultra-low-power microcontrollerDelivered18 µA/MHz.
- Low-power image sensorPrototypesTwo validated.
- Integrated platform on saleNot shownNo launch announced.
- Follow-on equityRaised$22M, July 2026.
The Money
e-peas does not publish turnover. Its net loss was €2.43 million in 2023, €4.38 million in 2024 and €6.37 million in 2025, while staff grew from 23.7 to 30.1 full-time equivalents. Equity fell from €13.1 million to €8.2 million in 2025, before the July 2026 round.
What Cannot Be Checked
Questions for the EIC
e-peas's revenue and chip volumes, the EIC's share of the 2026 round, and whether the microcontroller and image sensor from the project have reached customers are not public.
Why Europe Should Care
e-peas is a Belgian chip designer with products in consumer electronics sold by Google. The EIC paid for new components and joined its latest round. The accounts show a company still spending far more than it earns.
What the project promised
The first integrated platform combining energy harvesting, edge computing and computer vision.
What the record shows
Record-low-power prototypes, a Google design win, a $22 million round and a €6.37 million loss in 2025.
The Verdict
Real chips, rising losses
e-peas did the engineering and has products in the field. Its losses nearly tripled between 2023 and 2025, and the new money will have to turn traction into revenue.
e-peas and the EIC have not been asked for comment for this article. It is based entirely on public records and published statements, linked throughout.
