Theva
AcquiredLossless electricity transmission – already possible
Ismaning, Germany · Founded 1996 · $19.4M raised
- Total Funding
- $19.4M
- Last Round
- $11.9M Series DMay 2024
- Rounds
- 3
- Acquisition Date
- Apr 2026
About
THEVA Dünnschichttechnik GmbH is a German manufacturer of second-generation high-temperature superconductor (HTS) wire, marketed under the brand THEVA Pro-Line. Founded in 1996 and headquartered in Ismaning near Munich, the company has built on over 20 years of expertise in coating technology and equipment engineering to establish the first industrial-scale production line for 2G superconductors in Germany, launched in 2012. THEVA's superconductor wire enables the transport of extremely high electrical currents with near-zero losses, allowing it to replace copper conductors in high-performance applications such as wind power generators, industrial drives, power cables, and power rails. The company serves manufacturers of cables, power electronics, and industrial systems globally, with sales partners in Asia, the USA, and Europe. With around 60 employees, THEVA has attracted five investors across multiple financing rounds — Target Partners, BayBG, eCAPITAL, Bayern Kapital, and EnBW New Ventures.
Summary
Theva is a Climate Tech company based in Ismaning, Germany, founded in 1996. It has raised $19.4M in total across 3 rounds, most recently a $11.9M Series D round in May 2024. Investors include Target Partners, EnBW New Ventures and Bayern Kapital.
Tech & App Stack
3 technologies & apps tracked
Every product and vendor across these categories, with where each signal came from.
Create a free account with 25 free credits every month, no card needed, to unlock the full tech & app stack, funding history, and valuations.
Funding History
Apr 2026
Sign up to see all 4 rounds
Series D through Acquisition — per-round amounts, valuations, and who invested in each round.
Investors
Similar Companies
Sempra Infrastructure develops, builds, operates, and invests in infrastructure serving customers...
Green steel company using hydrogen and renewable electricity to decarbonize steel production. For...
Self-driving cars.
AI infrastructure company building renewable-powered data centers and cloud compute optimized for...

EnBW Energie Baden-Württemberg AG is one of Germany's largest integrated energy companies, develo...
Generate is a North American energy platform delivering reliable, affordable, lower-carbon power ...
Your company? Embed this profile
Add the live badge to your site — it stays current as your funding data updates.
<a href="https://indexed.vc/companies/theva"><img src="https://indexed.vc/api/badge/company/theva" alt="Theva on Indexed.vc" width="260" height="76" /></a>
