Tau Group Closes €11 Million Extension to Series-B Round to Fuel Growth and Enhance Production Capacity

Jan 30, 2024•over 1 year ago

Amount Raised

€11 Million

TurinManufacturing

Investors

Santander Alternative InvestmentsCdp Venture Capital

Description

Tau Group has successfully closed a €11 million extension to its Series-B funding round, led by CDP Venture Capital and Santander Alternative Investments (through Santander InnoEnergy Climate Fund), with continued support from existing investors, to fuel growth and enhance production capacity.

Company Information

Company

Tau Group

Location

Turin, Piedmont, Italy

About

Tau is a technology company at the core of the electrification of transport and the decarbonization of energy. Our climate technologies reconcile the necessity of sustainable manufacturing with the power, reliability and performance that e-mobility requires to enable smaller, greener and more powerful motors. Tau’s protective coatings produce winding wire with superior dielectric, mechanical and chemical properties, while optimizing production processes of copper and steel wire for environmental friendliness with smart quality controls, predictive analytics and peace-of-mind operating simplicity.

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Tau Group Closes €11 Million Extension to Series-B Round to Fuel Growth and Enhance Production Capacity

Investors

Description

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