Tech Company Financing Transactions
Newheat Funding Round
On 11/21/2023, Newheat raised $32.7 million in funding from Swen Capital Partners, Bpifrance and Etchart Group.
Transaction Overview
Company Name
Announced On
11/21/2023
Transaction Type
Venture Equity
Amount
$32,720,000
Round
Undisclosed
Investors
Proceeds Purpose
The majority of the raised funds will be directed towards investing in heat plant projects, with Newheat aiming for majority ownership in these ventures. Planning to undertake 15 projects totaling �150 million investment over the next three years, primarily in France, the company targets an annual delivery of 200 GWh of renewable heat.
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
10 Allées de Tourny
Bordeaux, 33000
France
Bordeaux, 33000
France
Phone
Undisclosed
Website
Email Address
Overview
Developer of solar heat plant technology designed to produce energy through solar thermal equipment. The company's solar plant infrastructure is designed, financed, built, and operates its own heat generation plants that reduce energy bills and reliance on fossil fuel energy, enabling industries with solar plants to meet their requirements, are reliable, and fit the purpose of their business.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Hugues Defreville
Chief Financial Officer
Emmanuelle Cabirou
Chief Operating Officer
Stéphane Huet
Chief Technical Officer
Pierre Delmas
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