# NexWafe

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nexwafe

- Industry: Renewable Energy
- Headquarters: Freiburg im Breisgau, Germany
- Website: www.nexwafe.com
- Total disclosed funding: $72M
- Latest round: Series C (Apr 5, 2022)
- Investors on record: 9

## About

Established in 2015 and based in Freiburg im Breisgau, Germany, NexWafe GmbH operates as a provider of energy equipment that manufactures monocrystalline silicon wafers for solar cell producers. The company was co-founded by CFO Frank Siebke, Vice President for Technology Kai Schillinger, CTO Stefan Reber, and Roy Segev. In April 2025, NexWafe GmbH raised venture funding from InnoEnergy.
NexWafe GmbH operates as a manufacturer of monocrystalline silicon wafers for solar cell producers. NexWafe’s technology also allows for the production of ultra-thin wafers that provides a roadmap to next-generation of ultra-thin and tandem architectures. NexWafe GmbH generate revenue from silicon wafer sales, technology licensing, and long-term supply agreements.

## Funding rounds

- Series C, Apr 5, 2022, $7.6M — Ecosummit
- Series C, Oct 20, 2021, $45M — Wermuth Asset Management, Lynwood Capital, Aramco Ventures, Athos Ventures, InnoEnergy, Reliance Industries
- Series B, Feb 4, 2021, $12M — Fraunhofer Venture, Lynwood Capital, Aramco Ventures, Green Growth
- Series A, Mar 4, 2016, $6.5M — Lynwood Capital
- Seed, Jul 13, 2015 — Fraunhofer Venture

## Investors

- Fraunhofer Venture (https://capitalatlas.ai/funds/fraunhofer-venture) — Seed, Series B
- Lynwood Capital (https://capitalatlas.ai/funds/lynwood-capital) — Series A, Series B, Series C
- Aramco Ventures (https://capitalatlas.ai/funds/aramco-ventures) — Series B, Series C
- Green Growth — Series B
- Wermuth Asset Management (https://capitalatlas.ai/funds/wermuth-asset-management) — Series C
- Athos Ventures — Series C
- InnoEnergy (https://capitalatlas.ai/funds/innoenergy) — Series C
- Reliance Industries — Series C
- Ecosummit (https://capitalatlas.ai/funds/ecosummit) — Series C