This Research Note examines Pavegen Systems Ltd, the UK smart flooring startup, which declared insolvency and entered administration on 30th September 2026.  We explore the company’s technology offerings and external fundraising initiatives before providing our assessment of the company’s downfall. This article is based on Pavegen’s July 2025 investor presentation, our July 2025 Research Note, and subsequent Memoori analysis. Pavegen Profile Founded in 2009 in the UK by Laurence Kemball-Cook, Pavegen developed energy-harvesting floor tiles for commercial buildings, public venues, and transportation hubs that convert footsteps into electricity. These tiles capture kinetic energy generated by human movement to power lighting and interactive displays. The technology integrates with solar energy systems to provide hybrid power generation for various building environments. The company has 8 global granted patents and employed a team of 25+ in London, UK. Pavegen reported 300+ installations for enterprise clients across 45 countries in July 2025. Pavegen has raised over £11M in funding […]