Tech Company Financing Transactions
alteva Funding Round
On 1/20/2025, alteva received $1.8 million in Seed investment from High-Tech Gründerfonds, NRW.BANK and private investors.
Transaction Overview
Company Name
Announced On
1/20/2025
Transaction Type
Venture Equity
Amount
$1,800,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to complete prototype development. Following successful trials with pilot customers, series production is projected within the next two to three years.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
Undisclosed
Cologne, Undisclosed
Germany
Cologne, Undisclosed
Germany
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Our team is building a sustainable future for humanity in which nature and our technologically advanced and equitable society thrive in unison. To enable that future, we are decarbonizing the global transportation sector. Alteva is using technology developed at the German Aerospace Center, to develop and commercialize ultralight batteries made from abundant and sustainable raw materials.
Management Team
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