Reverion Raises $175 Million to Scale Production of Carbon Negative-Capable Power Plants
4 Articles
4 Articles
A young company from Bavaria has developed a new technology to generate electricity more efficiently – and thus has a lot of interest in buyers and investors.
Germany’s Reverion raises €154.2 million to scale production of power plants that generate electricity from gas
Reverion, an Eresing-based EnergyTech company that builds reversible fuel cell power plants for decentralised energy supply, today announced the closing of a €154.2 million ($175 million) Series B funding round to scale production of its dispatchable, carbon-negative power plants. The round was led by Kembara, Mundi Ventures’ €1 billion DeepTech and climate fund. The round […]
Reverion's reversible container power plants generate electricity from biogas, convert excess electricity into hydrogen and separate CO2. Now the start-up has collected $175 million and wants to increase its production tenfold. Whoever gives the money, where the demand comes from and what the plants can do. The contribution 74.2% efficiency: Bavarian start-up builds megafactory for power plants that generate hydrogen first appeared on ingenieur.…
Reverion Raises $175 Million to Scale Production of Carbon Negative-Capable Power Plants
Fuel cell technology startup Reverion announced today that it has raised $175 in a Series B funding round, with proceeds aimed at significantly scaling up production of its power plants, capable of generating carbon negative energy to power industrial sites and data centers. Founded in 2022 as a spin-off from the Technical University of Munich, […]
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