Nuventura

Nuventura is a Germany-based startup founded in 2017, specializing in the development of environmentally-friendly medium voltage (MV) gas insulated switchgear (GIS). The company's innovative approach involves replacing Sulphur hexafluoride (SF6), known as the world’s strongest greenhouse gas, with dry air, while retaining the traditional strengths of GIS, such as compact physical dimensions. This crucial initiative addresses the urgent need for alternatives to SF6, as regulators are expected to phase out its use due to its high environmental impact in the coming years. Nuventura works closely with both switchgear end-users and manufacturers with the goal of accelerating and facilitating the energy industry’s transition away from SF6. The startup's efforts not only help companies reduce their carbon footprint but also assist them in complying with imminent international regulations focused on the use of SF6 in switchgear. The recent €25.00M Series A investment the company secured on 05 September 2023 includes participation from a diverse group of investors such as FORWARD.one, DOEN Participaties, IBB Ventures, Mirova, Future Energy Ventures, ADB Ventures, EIC Accelerator, and Cycle Group. Nuventura's commitment to sustainable practices in the renewable energy sector makes it a promising venture for potential investors seeking environmentally-conscious opportunities in the industry.