{"id":48456,"date":"2023-04-27T13:11:40","date_gmt":"2023-04-27T11:11:40","guid":{"rendered":"https:\/\/newserver.fyb.de\/reverion-receives-8-5-million-euros-for-series-production-of-power-plants-of-the-future\/"},"modified":"2023-04-27T14:06:53","modified_gmt":"2023-04-27T12:06:53","slug":"reverion-receives-8-5-million-euros-for-series-production-of-power-plants-of-the-future","status":"publish","type":"post","link":"https:\/\/www.fyb.de\/en\/reverion-receives-8-5-million-euros-for-series-production-of-power-plants-of-the-future\/","title":{"rendered":"Reverion receives 8.5 million euros for series production of power plants of the future"},"content":{"rendered":"

Munich \u2014 Climate tech start-up Reverion raises \u20ac8.5 million to acce\u00adle\u00adrate produc\u00adtion of its flexi\u00adble power plants. UVC Part\u00adners, Green Gene\u00adra\u00adtion Fund, Extan\u00adtia Capi\u00adtal, Doral Energy-Tech Ventures and biome\u00adthane trader Land\u00adw\u00e4rme GmbH are among the inves\u00adtors.

The fresh capi\u00adtal will be used to expand produc\u00adtion of 100 kilo\u00adwatt and 500 kilo\u00adwatt biogas power plants. In addi\u00adtion, Reverion will receive \u20ac12 million in rese\u00adarch funding, which will be used for further deve\u00adlo\u00adp\u00adment of the equip\u00adment. The start-up is a spin-off of the Tech\u00adni\u00adcal Univer\u00adsity of Munich (TUM) and parti\u00adci\u00adpa\u00adted in the XPRENEURS incu\u00adba\u00adtion program of Unter\u00adneh\u00admer\u00adTUM, Euro\u00adpe\u2019s largest center for inno\u00adva\u00adtion and start-ups. <\/span>

With Reveri\u00adon\u2019s new tech\u00adno\u00adlogy, biogas plant opera\u00adtors can increase their reve\u00adnue by up to 400 percent from the same amount of biomass. The company\u2019s upco\u00adming Series A finan\u00adcing aims to further increase produc\u00adtion and posi\u00adtion itself for market demand for giga\u00adwatt-scale rene\u00adwa\u00adble capa\u00adcity.<\/span>

100 percent more effi\u00adci\u00adency and no harmful CO2 emis\u00adsi\u00adons<\/strong>

Reverion plans to replace as many conven\u00adtio\u00adnal power plants as possi\u00adble world\u00adwide with its tech\u00adno\u00adlogy. The first target market is exis\u00adting biogas plants. Today, these are powered by gas engi\u00adnes that achieve only a very low effi\u00adci\u00adency of 40 percent at most, offer limi\u00adted storage opti\u00adons, and emit milli\u00adons of tons of CO2 annu\u00adally. Reveri\u00adon\u2019s modu\u00adlar power plants, on the other hand, double the effi\u00adci\u00adency of elec\u00adtri\u00adcity gene\u00adra\u00adtion from 40 to 80 percent compared to conven\u00adtio\u00adnal tech\u00adno\u00adlogy. Since the small power plants can also run \u201cback\u00adwards\u201d (rever\u00adsi\u00adbly), a rene\u00adwa\u00adble natu\u00adral gas substi\u00adtute or green hydro\u00adgen can be gene\u00adra\u00adted and stored from a tempo\u00adrary surplus of wind and solar power to make the grid more flexi\u00adble. Another advan\u00adtage is that Reveri\u00adon\u2019s modern power plants can be opera\u00adted CO2-nega\u00adtively when using biogas. <\/span>

The paten\u00adted carbon-nega\u00adtive fuel cell tech\u00adno\u00adlogy has alre\u00adady found nume\u00adrous custo\u00admers today. \u201cWe alre\u00adady have pre-orders of over 60 million euros that we want to fulfill,\u201d explains Felix Fischer, co-foun\u00adder and COO. \u201cOur goal is to break even by ente\u00adring volume produc\u00adtion and rapidly scaling the number of units ship\u00adped.\u201c<\/span>

EU Commis\u00adsion targets acce\u00adle\u00adrate Reveri\u00adon\u2019s market entry<\/strong>

Rapid action is also requi\u00adred to ensure that Germany can achieve the EU Commis\u00adsi\u00adon\u2019s targets for the energy tran\u00adsi\u00adtion (Net Zero Act) in the fore\u00adseeable future. Reverion can make an important contri\u00adbu\u00adtion to achie\u00adving these goals. \u201cOur tech\u00adno\u00adlogy addres\u00adses four of the eight curr\u00adently stated goals: Impro\u00adving energy storage, expan\u00adding elec\u00adtro\u00adly\u00adsis proces\u00adses and fuel cells, incre\u00adasing the use of biogas and biome\u00adthane, and carbon storage. We are ther\u00ade\u00adfore confi\u00addent that a rapid and compre\u00adhen\u00adsive market entry will give Germany and the EU a compe\u00adti\u00adtive edge in highly flexi\u00adble and carbon-nega\u00adtive energy supply,\u201d explains Stephan Herr\u00admann, co-foun\u00adder and CEO.<\/span>

Estab\u00adlished indus\u00adtries must coope\u00adrate<\/strong>

Access to capi\u00adtal is para\u00admount when ente\u00adring mass produc\u00adtion, and close colla\u00adbo\u00adra\u00adtion with estab\u00adlished indus\u00adtry is criti\u00adcal to success. This is exactly where UVC Part\u00adners can assist as an expe\u00adri\u00aden\u00adced hard\u00adware inves\u00adtor. \u201cWe looked at various start-ups in this field. The foun\u00adding team of Reverion convin\u00adced us because they have deve\u00adlo\u00adped an outstan\u00adding tech\u00adno\u00adlogy over the last years and successfully tested it in a pilot plant. With our large network toge\u00adther with Unter\u00adneh\u00admer\u00adTUM, we can bring part\u00adners, suppli\u00aders and exper\u00adtise to the table to further scale the tech\u00adno\u00adlogy,\u201d explains Johan\u00adnes von Borries, Mana\u00adging Direc\u00adtor at UVC Partners.<\/span><\/p>\n

About UVC Partners
\n<\/strong>
\nUVC Part\u00adners is a Munich and Berlin-based early-stage venture capi\u00adtal firm inves\u00adt\u00ading in Euro\u00adpean B2B start-ups in the fields of enter\u00adprise soft\u00adware, indus\u00adtrial tech\u00adno\u00adlo\u00adgies and mobi\u00adlity. The fund gene\u00adrally invests between \u20ac0.5 and \u20ac10 million at the outset and up to \u20ac30 million in total per company. The port\u00adfo\u00adlio compa\u00adnies bene\u00adfit from the exten\u00adsive invest\u00adment and exit expe\u00adri\u00adence of the manage\u00adment team as well as from the close coope\u00adra\u00adtion with Unter\u00adneh\u00admer\u00adTUM, Euro\u00adpe\u2019s leading inno\u00adva\u00adtion and start-up center. With over 400 employees and more than 100 indus\u00adtry part\u00adners, Unter\u00adneh\u00admer\u00adTUM can draw on many years of expe\u00adri\u00adence in buil\u00adding young compa\u00adnies. This colla\u00adbo\u00adra\u00adtion gives UVC Part\u00adners the oppor\u00adtu\u00adnity to provide start\u00adups with unique access to talent, indus\u00adtry clients and other finan\u00adcial partners.<\/p>\n

About Reverion
\n<\/strong>
\nReverion GmbH is a spin-off of the Tech\u00adni\u00adcal Univer\u00adsity of Munich. The start-up is deve\u00adlo\u00adping the tech\u00adno\u00adlogy, which was successfully vali\u00adda\u00adted as part of a rese\u00adarch project, to commer\u00adcial matu\u00adrity and is marke\u00adting it as a plant manu\u00adfac\u00adtu\u00adrer. The contai\u00adner-based plants can replace conven\u00adtio\u00adnal gas engi\u00adnes with their low effi\u00adci\u00aden\u00adcies and can also be opera\u00adted with hydro\u00adgen in addi\u00adtion to biogas. In addi\u00adtion, plants produce pure CO2 as a bypro\u00adduct of elec\u00adtri\u00adcity gene\u00adra\u00adtion, so they can operate CO2-nega\u00adtively. In parti\u00adcu\u00adlar, howe\u00adver, they are rever\u00adsi\u00adble, so that surplus rene\u00adwa\u00adble elec\u00adtri\u00adcity from wind and photo\u00advol\u00adtaics can also be conver\u00adted into hydro\u00adgen or methane as a substi\u00adtute for natu\u00adral gas in the same plants. The tech\u00adno\u00adlogy ther\u00ade\u00adfore combi\u00adnes all the essen\u00adtial core elements \u2014 increased effi\u00adci\u00adency, CO2-nega\u00adtive opera\u00adtion and large-scale seaso\u00adnal energy storage \u2014 that are still needed for successful imple\u00admen\u00adta\u00adtion of the energy tran\u00adsi\u00adtion, in a single plant. www.reverion.com<\/p>\n","protected":false},"excerpt":{"rendered":"

Munich \u2014 Climate tech start-up Reverion raises \u20ac8.5 million to acce\u00adle\u00adrate produc\u00adtion of its flexi\u00adble power plants. UVC Part\u00adners, Green Gene\u00adra\u00adtion Fund, Extan\u00adtia Capi\u00adtal, Doral Energy-Tech Ventures and biome\u00adthane trader Land\u00adw\u00e4rme GmbH are among the inves\u00adtors.The fresh capi\u00adtal will be used to expand produc\u00adtion of 100 kilo\u00adwatt and 500 kilo\u00adwatt biogas power plants. In addition, [\u2026]<\/p>\n","protected":false},"author":2,"featured_media":48454,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[886,1364,1366,1369,1373],"tags":[],"class_list":["post-48456","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-en","category-featured-en","category-news-en","category-investors","category-venture-capital-en"],"yoast_head":"\nReverion receives 8.5 million euros for series production of power plants of the future - FYB Financial Yearbook<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.fyb.de\/en\/reverion-receives-8-5-million-euros-for-series-production-of-power-plants-of-the-future\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Reverion receives 8.5 million euros for series production of power plants of the future - FYB Financial Yearbook\" \/>\n<meta property=\"og:description\" content=\"Munich \u2014 Climate tech start-up Reverion raises \u20ac8.5 million to acce\u00adle\u00adrate produc\u00adtion of its flexi\u00adble power plants. UVC Part\u00adners, Green Gene\u00adra\u00adtion Fund, Extan\u00adtia Capi\u00adtal, Doral Energy-Tech Ventures and biome\u00adthane trader Land\u00adw\u00e4rme GmbH are among the inves\u00adtors.The fresh capi\u00adtal will be used to expand produc\u00adtion of 100 kilo\u00adwatt and 500 kilo\u00adwatt biogas power plants. 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UVC Part\u00adners, Green Gene\u00adra\u00adtion Fund, Extan\u00adtia Capi\u00adtal, Doral Energy-Tech Ventures and biome\u00adthane trader Land\u00adw\u00e4rme GmbH are among the inves\u00adtors.The fresh capi\u00adtal will be used to expand produc\u00adtion of 100 kilo\u00adwatt and 500 kilo\u00adwatt biogas power plants. 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