Tech Company Financing Transactions
Tau Funding Round
Solvay Ventures and Finindus participated in a $9.8 million Series B capital raise for Tau. The round was announced on 2/1/2023.
Transaction Overview
Company Name
Announced On
2/1/2023
Transaction Type
Venture Equity
Amount
$9,750,000
Round
Series B
Investors
Solvay Ventures (Lead Investor)
Proceeds Purpose
The company is currently ramping up capacity, and is preparing industrial scale carbon-neutral winding wire production in Italy with the goal to start worldwide deliveries by 2024.
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
Lungo Dora Pietro Colletta 85
Turin(Piemonte), 10153
IT
Turin(Piemonte), 10153
IT
Phone
Undisclosed
Website
Email Address
Overview
Our philosophy is to encourage personal development. Tau is a place where eclectic people work together, learn, often succeed and sometimes fail with laughter and joy. We enjoy different backgrounds, unconventional minds, authenticity and integrity. When someone joins our venture, we are thrilled to receive a new spirit with fresh views and different experiences. That person's unique life path so far enriches our company's path, hopefully for the better. But then personal development paths may lead in different directions. So when someone leaves our team, we are simply grateful for having shared this joint path for a while. In the end, nothing is permanent, and our firm is a living organism. Innovation means thriving on changes.
Management Team
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