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u:Plug LTD logo — company profile

u:Plug LTD

Founded 2014 Bulgaria Bulgaria 2-10 employees Convertible Note Total: $125.00K Consumer Electronics, Hardware

General Information

Company Name u:Plug LTD
Founded Year 2014
Location Bulgaria Bulgaria
Employees 2-10
Industries Consumer Electronics, Hardware
Funding Stage Convertible Note
Social

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About u:Plug LTD

is a Bulgarian startup founded in 2014, operating in the Consumer Electronics and Hardware industries. The company aims to revolutionize traditional home appliances by making them smart, simple, and aesthetically pleasing. Their flagship product, u:Plug, offers a seamless charging experience through USB cables directly from power outlets. The €50.00K Convertible Note investment from Eleven Ventures in October 2015 has provided crucial support for u:Plug's initiatives. The company's focus on innovative design and cutting-edge technology, such as their vampire drain technology, sets them apart in the market. With an emphasis on reimagining power outlets for the smart age, u:Plug aims to make traditional chargers obsolete. Its smart tech, designed to optimize charging flow and conserve energy, showcases the company's commitment to sustainability and efficiency. Overall, u:Plug's dedication to merging functionality, aesthetics, and sustainability in its product offerings positions it as a promising venture for potential investors seeking opportunities in the consumer electronics and hardware sectors.

Business keywords: smart home appliances, charging technology, smart design, power outlet innovation, smart charging solutions, home technology, energy-saving devices

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Convertible Note €50.00K 1
Eleven Ventures
Eleven Ventures
01 Oct 2015
Convertible Note €50.00K 1
Eleven Ventures
Eleven Ventures
01 Feb 2015
Seed Round €25.00K 1
Eleven Ventures
Eleven Ventures
01 Oct 2014

u:Plug LTD Alternatives & Competitors

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u:Plug LTD vs
BEZALEL
BEZALEL United States

Wireless Power. Anytime. Anywhere.

Seed
41 employees
Consumer Electronics, Hardware
u:Plug LTD vs
upliance.ai
upliance.ai India

Building AI powered home Upliances

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65 employees
AI, Applications
u:Plug LTD vs
SmashToast, Inc.
SmashToast, Inc. United States

Break Bread.

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2 employees
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FAQ About u:Plug LTD

We’re u:Plug. Our goal is to reinvent stuff. Driven by our passion we want to take the old inefficient home appliances and make them smart, simple and beautiful. Our first product is u:Plug. What is u:Plug. Bringing freedom to charging. Simple and easy charging right from the power out...
u:Plug LTD was founded in 2014.
u:Plug LTD is headquartered in Bulgaria.
u:Plug LTD operates in Consumer Electronics and Hardware. Its work centres on smart home appliances, charging technology, smart design and power outlet innovation.
u:Plug LTD has approximately 2-10 employees.
u:Plug LTD has completed 3 funding rounds, raising a total of $125.00K. The latest funding stage is Convertible Note.
Top alternatives and competitors to u:Plug LTD include BEZALEL, upliance.ai, SmashToast, Inc., EGG Electronics, Chameleon Technology (UK) Ltd. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
u:Plug LTD and BEZALEL are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for u:Plug LTD, https://bouncewatch.com/company/uplug, updated 20 December 2024. When citing, please name BounceWatch and link this page.

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