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Energy startup Subra secures €40M in a Series A round led by Novo Holdings to strengthen energy solutions by unifying operations after acquiring THEVA.

PRIVATEApr 13, 2026

Amount Raised

€40 Million

Round Type

Series A

EnergyOil And GasRenewable Energy

Investors

Maj InvestSprindNovo Holdings

Description

Subra, a Danish deep-tech company, raised €40 million in a Series A funding round led by Novo Holdings. The funding will help unify Subra's operations with its recent acquisition of THEVA Dünnschichttechnik and boost manufacturing capabilities. The company focuses on reducing energy losses in Europe's electricity grid. CEO Anders C

Quick answer

Subra raised €40 Million in a Series A round, dated April 13, 2026. Investors: Maj Invest, Sprind and Novo Holdings.

How much did Subra raise?
Subra raised €40 Million in a Series A round on April 13, 2026.
Who invested in Subra?
Maj Invest, Sprind and Novo Holdings are named as investors in this round.
What does Subra do?
Subra is a Danish deep-tech company founded in 2014 as a spinoff from the Technical University of Denmark.
Where is Subra based and how big is it?
Fundz records about 16 employees.

Source: Fundz verified event record.

Who else raised in Energy and Oil And Gas around the same time

Companies in the same sectors as Subra that raised within 45 days of this round, from Fundz verified event records.

  • Focused Energy Inc. raised $240M (Series A) on May 27, 2026.
  • PowerGEM raised an undisclosed amount on May 18, 2026.
  • Mantle8 raised $36M (Funding Round) on May 13, 2026.
  • CleanDesign raised $20M on April 28, 2026.
  • Serenity Power raised $920K (Pre-Seed) on April 27, 2026.
  • Viking Global Technologies, Inc. raised $500K (Debt Financing) on April 23, 2026.

Who to call at Subra, and when

A new round usually means Subra is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Subra

About

Subra is a Danish deep-tech company founded in 2014 as a spinoff from the Technical University of Denmark. The company aims to address energy transmission losses by developing high-temperature superconductor (HTS) tape technology. Their product, SUBRACABLE, reduces energy losses and offers flexibility in cable production. Recently, Subra acquired THEVA Dünnschichttechnik to enhance its capabilities in superconducting materials.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Subra raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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