Theva
AcquiredTheva is a climate tech company in Ismaning, Germany, founded in 1996. It has raised $19.4M across 3 rounds, most recently a Series D in May 2024.
Lossless electricity transmission – already possible
- Total Funding
- $19.4M
- Last Round
- Series DMay 2024
- Rounds
- 3
- Acquisition Date
- Apr 2026
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 3 funding rounds and 4 investors for this company. The full record is or through the API.
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
It lists 51–200 employees. It has raised $19.4M in total across 3 rounds, most recently a Series D round in May 2024. Investors include Target Partners, EnBW New Ventures and Bayern Kapital.
Tech & App Stack
3 technologies & apps tracked
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Funding & Exit History
Apr 2026
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Funding: Growth Equity through Series D. Amounts, valuations, and investors where available.
Investors
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