Saudi royal family invests in power-generating floor tiles

Pavegen, a London-based company known for its innovative power-generating floor tiles, has recently secured further funding from notable investors, including the Saudi royal family. This funding is significant as it supports Pavegen's ongoing efforts to expand its reach and enhance its technology, catering to both domestic and international markets. The company’s installations can already be found in key locations such as Riyadh, Japan, and Abu Dhabi, showcasing its growing global presence. The partnership with the Saudi royal family not only brings financial resources but also emphasizes increasing interest in renewable energy and sustainable technologies from influential stakeholders. With this investment, Pavegen is poised to accelerate its development and potentially revolutionize energy generation methods in public spaces, offering environmentally friendly options that capture energy from foot traffic. As urban centers continue to seek innovative solutions for energy consumption, Pavegen's technology stands out as an example of applying engineering to achieve sustainability goals.