Nuventura
Wollenberger Str. 4f, Berlin, 13053, Germany
Overview
Nuventura develops SF6-free medium-voltage (MV) gas-insulated switchgear using a patented technology that replaces sulphur hexafluoride (SF6) with dry air. Its hardware is used throughout electrical grids and energy infrastructure, and the company works with OEMs, EPC providers, and project developers. Nuventura shares its technology through a partnership model to divide the value chain and accelerate adoption. The company positions its product to help customers comply with imminent international regulation on SF6 and to extend product portfolios into new market segments. Nuventura recently closed a €25M Series A, bringing total funding to €35M. The company plans to use the proceeds to expand its product portfolio and further develop manufacturing capabilities around the world; it is led by CEO Dr. Fabian Lemke. Nuventura is a Berlin-based developer of medium-voltage (MV) gas-insulated switchgear (GIS) that replaces sulfur hexafluoride (SF6) with dry air using a patented technology. Rather than manufacturing finished switchgear, nuventura sells key components or licenses its full technology to established switchgear manufacturers. This business model is designed to be highly scalable and lets customers adopt SF6-free GIS while avoiding large R&D costs. Nuventura says its technology could help tackle annual SF6 emissions equivalent to the yearly CO2 emissions of roughly 100 million cars. The company is pursuing industrialization and expansion into Asian markets, and has secured support from ADB Ventures to aid those efforts. Nuventura positions itself to enable a more sustainable electrical grid by accelerating adoption of SF6-free solutions.
- Total raised
- $27M
- Funding rounds
- 2
- Latest round
- Series A
- Latest activity
- Sep 2023
Industries
- Renewable Energy
Recent funding
Series A
Sep 2023
$27M