Reverion raised $62M in a Series A funding round led by Energy Impact Partners to begin industrial-scale production of its carbon-negative power plants.

Sep 12, 2024•11 months ago

Amount Raised

$62 Million

Round Type

series a

EresingBiomass EnergyRenewable EnergyEnergy

Investors

European Innovation Council FundHondaEnergy Impact Partners

Description

Reverion has successfully secured $62 million in a Series A funding round to advance its innovative carbon-negative power plant technology. The funding will support the startup in starting industrial-scale production, addressing a significant backlog of $100 million in orders.

Company Information

Company

Reverion

Location

Eresing, Bavaria, Germany

About

As spin-off from the TU Munich, Reverion is a highly tech-driven climate startup paving the way to 100% renewable, decarbonized future by making the most of biogas. Our all-in-one solution comes as a containerized standard unit: ready for mass manufacturing and plug&play installation, offers revolutionary electrical efficiencies of 80% for both power generation and energy storage, and actively reduces GHG emissions with a negative CO2 balance.

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