Perpetua Technologies is a technology company.
Perpetua Technologies has raised $20K across 1 funding round.
Perpetua Technologies has raised $20K in total across 1 funding round.
Perpetua Technologies has raised $20K in total across 1 funding round.
Perpetua Technologies's investors include Elevate Ventures.
Perpetua Technologies refers to multiple entities, but the most prominent technology companies matching this name are Perpetua Power Source Technologies (energy harvesting for industrial IoT) and Perpetua Labs (AI-powered eCommerce advertising optimization). Perpetua Power, founded in 2005 and headquartered in Corvallis, Oregon, develops Power Pucks®, plug-and-play thermal energy harvesting devices that act as renewable batteries, powering wireless sensors in harsh environments like metallurgy, oil & gas, and power plants by converting ambient heat to eliminate battery replacements.[2][3][6] It serves industrial IoT providers such as Emerson and GE, solving reliability issues in battery-unfriendly settings like cold areas or high-update scenarios, and was acquired by Grace to expand distribution.[2]
Perpetua Labs, founded in 2016 in Canada with 141 employees, builds growth infrastructure software for eCommerce brands and agencies on platforms like Amazon, Walmart, and Instacart, automating ad campaigns, keywords, creatives, and optimization to maximize profits and digital shelf placement using AI.[1][4] It targets sellers seeking efficiency in marketplace and display advertising, addressing friction in ad management, with $10M in seed funding and recognition as a G2 leader, though headcount has declined recently (YoY -36%).[1][4] A smaller entity, Perpetua Technologies LLC, offers EnRoutePro software for fire agency safety and operations.[5]
Perpetua Power Source Technologies emerged in 2005 in Corvallis, Oregon, focusing on energy harvesting to deliver long-life power for wireless sensors, innovating "renewable batteries" from thermal energy to cut costs and boost reliability in industrial applications.[2][3][6] Its pivotal growth came through partnerships with giants like Emerson and GE, whose adoption of Power Pucks® validated the tech across sectors, culminating in Grace's acquisition to integrate it into IIoT ecosystems.[2]
Perpetua Labs launched in 2016 as Perpetua, targeting eCommerce ad challenges with AI automation.[1][4] Early traction built on simplifying complex ad levers for brands, evolving into a full platform for marketplaces and DSP, securing $10M seed funding amid rising Amazon seller needs, though it's now acquired and shows slowing growth metrics.[1]
Perpetua Technologies LLC's backstory is less detailed but centers on developing EnRoutePro for fire services, likely stemming from public safety tech needs.[5]
Perpetua Power rides the IIoT and decarbonization wave, where battery waste and downtime plague industrial sensors amid pushes for sustainable energy.[2][3] Timing aligns with net-zero goals and edge computing growth, as thermal harvesting enables "lifelong" power in remote/harsh sites, influencing ecosystems by powering sensors for predictive maintenance in energy and manufacturing—key to Industry 4.0 efficiency.[2]
Perpetua Labs taps retail media and eCommerce ad boom, with marketplaces like Amazon commanding $100B+ ad spend; AI automation counters rising complexity, helping brands capture share in a fragmented digital shelf.[1][4] It shapes the ecosystem by empowering SMBs/agencies, fostering data-driven selling amid privacy shifts and omnichannel retail.
Fire-focused Perpetua fits niche public safety tech, aiding emergency response digitization.[5] Collectively, they highlight hardware-software convergence for specialized verticals.
Perpetua Power, via Grace, will scale IIoT adoption as thermal harvesting matures with AIoT demands, potentially dominating sensor power in green industrial transitions—watch for expanded apps in renewables.[2] Perpetua Labs faces consolidation in eCommerce tools but could thrive on retail media expansion (e.g., TikTok Shop), leveraging AI for hyper-personalization if it reverses headcount trends.[1][4] Influence grows as sustainability and ad efficiency define tech winners, tying back to their core: frictionless power and growth in underserved domains.
Perpetua Technologies has raised $20K across 1 funding round. Most recently, it raised $20K Seed in July 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jul 1, 2022 | $20K Seed | Elevate Ventures |