#PeoplePoweredPitch: Pageven Lights Up Field Powered by Kinetic Energy in Nigeria

nigeria-shell Pavegen

Pavegen has partnered with Shell and Akon in its biggest project yet: Africa’s first people & solar powered football pitch (soccer field for the yanks). The field incorporated 96 energy tiles beneath the turf. The switch was flipped this past Friday representing another successful implementation of the Pavegen product. Founded in 2009, Pavegen creates flooring that harnesses the energy of footsteps. The technology has been installed in over 100 projects in more than 30 countries, in train stations, shopping centres, airports and public spaces. The company has captured significant traction and has been helped by “the  Woz” and lists former Apple exec Jeff Martin as an advisor.

 

PavegenPavegen, headquartered in London, ran a super successful crowdfunding campaign on Crowdcube earlier this year. The funding round saw 1555 kick in over £2 million for ownership in the company. The initial funding target of £750,000 was pegged in just 59 hours. Pavegen ran a Kickstarter campaign back in 2012 which failed. It appears ownership trumped perks in this case.  

Laurence Kembell-CookFounded by Laurence Kembell-Cook, the company was started out of his flat in Brixton, London. A design engineer by training, he received a 1st Class honors from Loughborough University, where he pioneered the first Pavegen technology prototypes. Future projects in the queue includes the first push into the US. Collaborating with the Department of Transportation, Pavegen will be working on a permanent installation near Dupont Circle in Washington, DC.

It will be interesting to see how early investors fare in this growing company. All indicators point to a business that has captured solid early success which should be passed onto the owners.

 

 



Sponsored Links by DQ Promote

 

 

Disclosure Quest

Reg A - Form 1-A Filings Beta

Beta. Initial Form 1-A only. Target raise is the stated Amount to be Raised, totaled. Compared with the same dates one year earlier.

YTD: Jan 1, 2026 - Oct 22, 2026 vs Jan 1, 2025 - Oct 22, 2025

Share this graph
Number of Filings130Prior 125 +4.0%
Target Raise, Total$3.37BPrior $3.54B -4.7%
This YTDYear priorChange
Filings 130 125 +4.0%
Target raise $3.37B $3.54B -4.7%

Sponsored by the Crowded Media Group the leading digital news service covering the global Fintech Industry, including digital assets, crowdfunding, tokenization, and other innovations in capital markets. email us @CrowdfundInside

Source: DisclosureQuest. Initial Form 1-A only.

Created by Crowded Media Group

This display counts initial Form 1-A filings only. It does not represent subsequent filings, including Form 1-A/A amendments or Form 1-A POS post-qualification updates filed by the issuer. Amounts are the stated Amount to be Raised on the initial filing, not capital raised and not amounts revised in later filings.

0 0 votes
Article Rating
Subscribe
Notify of
guest

This site uses Akismet to reduce spam. Learn how your comment data is processed.

0 Comments
Newest
Oldest Most Voted
 
0
Would love your thoughts, please comment.x
()
x
Send this to a friend