NexWafe is a German deep-tech manufacturer engineering ultra-thin, high-efficiency silicon wafers aimed at both ground-based solar panels and space-sector satellite constellations. Its proprietary wafer technology targets space-grade requirements, including superior material quality, long-term performance stability, and radiation tolerance. The company is constructing its first industrial facility in Bitterfeld, Germany, which will launch with an initial 50 MW annual production capacity. Commercial operations from this plant are planned for 2027, representing NexWafe’s transition from pilot to volume manufacturing. By eliminating several traditional wafer-production steps, NexWafe aims to lower costs and carbon footprints relative to conventional wafers while improving performance. Growing interest from next-generation satellite operators underscores the dual-use potential of its products. The forthcoming Series D financing will finance this Bitterfeld ramp-up and scale the company toward full commercial rollout.

Total raised

$136M

Funding rounds

7

Latest round

Series D

Latest activity

Feb 2026