German company Nuventura raises €25 million Series A to impact greenhouse gas for good

Nuventura develops environmentally-friendly medium voltage (MV) gas insulated switchgear (GIS) – key hardware components found throughout electrical grids and energy infrastructure.

🚀 Launch

2017

🏭 Industry

Electronic equipments

🧠Management

Manjunath Ramesh, Nikolaus Thomale, Fabian Lemke

💸 Funding & Investors

  • Investment (September 2023) : €25 million (Series A). The funding brings total investment in Nuventura to more than €35 million.
  • Investors : led by Mirova, through its impact private equity Mirova Environment Acceleration Capital fund, alongside new investors Forward.one and EIC Fund, and existing investors IBB Ventures, ADB Ventures, Cycle Group, Future Energy Ventures, and DOEN Participaties.

🎯 Funding purpose

Expansion of Nuventura’s product portfolio and the further development of its manufacturing capabilities around the world.

🌐 Country HQ

Germany

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