Nexwafe

Nexwafe is a climate tech company in Freiburg, Germany, founded in 2015. It has raised $89.0M across 3 rounds, most recently a $32.0M Venture Round in May 2023.

Green solar wafers for a sustainable energy future

Headquarters
Freiburg
Employees
11–50
Founded
2015
Business Model
B2B
Total Funding
$89.0M
Last Round
$32.0M Venture RoundMay 2023
Rounds
3

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

Indexed holds 3 funding rounds and 6 investors for this company. The full record is or through the API.

About

NexWafe is a German solar technology company commercializing the EpiNex® process, a patented epitaxial direct gas-to-wafer silicon manufacturing method that produces high-efficiency photovoltaic wafers with up to 50% lower cost and 75% less energy consumption than conventional Czochralski (CZ) wafer production. Spun out of the Fraunhofer Institute for Solar Energy Systems ISE in 2015, NexWafe's ultra-thin wafers serve as drop-in replacements for standard 120–140 μm wafers, enabling solar cell manufacturers to adopt a greener supply chain without retooling their lines. The company is a member of the Ultra Low-Carbon Solar Alliance and has expanded into North America to prepare for commercial-scale production.

Summary

It lists 11–50 employees. It has raised $89.0M in total across 3 rounds, most recently a $32.0M Venture Round in May 2023. Investors include Reliance Industries, Reliance New Energy and Aramco Ventures.

Tech & App Stack

2 technologies & apps tracked

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Funding History

Data from Indexed.vcUpdated
Venture RoundVenture RoundMay 2023
$32.0M

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Funding: Series B through Venture Round. Amounts, valuations, and investors where available.

Investors

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