Tech Company Financing Transactions
Nuventura Funding Round
On 9/5/2023, Nuventura raised $26.8 thousand in Series A financing from Mirova, ADB Ventures and Cycle Capital.
Transaction Overview
Company Name
Announced On
9/5/2023
Transaction Type
Venture Equity
Amount
$26,820
Round
Series A
Investors
Proceeds Purpose
The fresh funding will fuel the expansion of the Nuventura product portfolio and create global manufacturing opportunities.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
Jablonskistr 21
Berlin, 10405
DE
Berlin, 10405
DE
Phone
Undisclosed
Website
Email Address
Overview
Nuventura develops SF6-free gas insulated switchgear (GIS) technologies that replace SF6 - the world's strongest greenhouse gas - with dry air. Nu1 is our first technology offering. It is an IEC-approved medium voltage (up to 36 kV), single busbar GIS for primary distribution. It maintains traditional GIS's strengths such as compact physical footprint and reliability, whilst removing the operational and environmental problems posed by SF6. Moreover, it enables further benefits, such as digitization, made possible by the use of dry air as the insulating medium.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Fabian Lemke
Chief Technical Officer
Manjunath Ramesh
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