Nuventura

Power & UtilitiesSeries ABerlin, Germanynuventura.com

Latest round

Series A

Last raised

May 2023

Total raised

$27M

Investors

14

About Nuventura

Nuventura GmbH, founded in 2017 in Berlin, Germany, specializes in providing SF6-free medium-voltage switchgear solutions. The company was established by founders Fabian Lemke, Manjunath Ramesh, and Nikolaus Thomale.Nuventura specializes in developing SF6-free medium-voltage switchgear solutions, focusing on the utility, renewable energy, and industrial sectors. Their flagship product, the nu1 switchgear, is an IEC-certified gas-insulated switchgear designed for indoor applications, operating at voltage levels of 24 kV and 36 kV. Utilizing innovative pure dry-air insulation technology, these products comply with the latest EU F-gas regulations, ensuring zero SF6 emissions.Nuventura operates on a transactional revenue model through B2B arrangements with utilities, industrial clients, and renewable energy providers. The company directly engages clients, offering customized solutions that often include system integration and technical consultations. Revenue is primarily generated from the sale of core products like the nu1 switchgear, with clients typically requiring detailed specifications and quotes prior to purchase. Nuventura aims to launch new products designed to enhance its offerings in the coming years. Additionally, the company is targeting expansion into new markets, focusing on specific geographic regions, although detailed timelines have not been disclosed.

Who invested in Nuventura

14 investors across 2 rounds

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Funding rounds

  1. Series A

    May 17, 2023

    Amount

    $27M

    Investors

    Locked

  2. Seed

    May 10, 2019

    Amount

    Undisclosed

    Investors

    Locked

Questions about Nuventura

Who invested in Nuventura?

Nuventura has 14 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Nuventura raised?

Nuventura has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Nuventura last raise money?

Nuventura's most recent round on record is a Series A, in May 2023.

What does Nuventura do?

Nuventura GmbH, founded in 2017 in Berlin, Germany, specializes in providing SF6-free medium-voltage switchgear solutions.

Where is Nuventura headquartered?

Nuventura is headquartered in Berlin, Germany.

Which VCs invest in companies like Nuventura?

Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Highland Europe back power & utilities companies at Nuventura's stage. Their profiles are linked below.

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