Sunny Start to 2024 for Financing Deals

Sunfire, Dresden, electrolyzers and hydrogen, EUR 200 million 

With hydrogen set to become an increasingly important element in Germany’s power mix, this producer of electrolyzers caught the fancy of a banking consortium led by Commerzbank. 80 percent of the financing round is guaranteed by the German national government and the regional state of Saxony.

Solaris, Berlin, finance, EUR 140 million

The company known as Europe’s leading embedded finance provider further solidified its position with a successful series G funding round. The extra funds came on top of a EUR 100 million funding round less than a year ago.

NEURA, Metzingen, robotics, EUR 120 million

This young firm from the south of Germany specializes in robotics that work closely together with humans in the manufacturing, logistics and health sectors. It’s the only producer of robotics of this particular sort in Germany.

INERATEC, Karlsruhe, e-fuels, EUR 70 million 

Another big deal in the southwest of Germany went power-to-liquid pioneers INERATEC. The company produces carbon-neutral fuels including kerosine, gasoline and diesel.

Cargobeamer, Leipzig, logistics, EUR 60 million

Another lucrative deal went to the state of Saxony and fledgling firm Cargodealer, which specializes in ultra-efficient loading and unloading of freight trains. The fresh funds came from a new North American investors Orion Infrastructure Capital (OIC)