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- T2Y Capital leads Series C round of magnet wire innovator Tretau alongside existing investors
T2Y Capital invests in the €20 million Series C funding round of magnet wire innovator Tretau as lead investor alongside existing investors CDP Venture Capital, Finindus, MITO Tech Ventures, Syensqo Ventures and Santander Alternative Investments T2Y Capital joins existing investors with board representation as the company's third-largest shareholder Funding will support Tretau’s international expansion and scaling of production capabilities to meet growing demand in the global wire and electrification markets Munich, Pianezza (Turin) – 15 September 2025 – T2Y Capital, a financial investor specializing in growth capital with a focus on the energy sector and adjacent industries, leads a €20 million Series C funding round of Tretau, an innovative supplier of solvent-free, high-performance magnet wire based in Pianezza (Turin), Italy. The investment will support Tretau’s international expansion and scaling of production capabilities to meet the growing demand in the global wire and electrification markets. Tretau’s patented technology combines high-voltage, thermal, and mechanical performance with solvent-free manufacturing. Trusted by leading global OEMs, the company delivers sustainable, scalable solutions for next-generation motors, transformers and generators.T2Y Capital will join the Board of Directors alongside Altana, Syensqo Ventures, Finindus, and CDP Venture Capital. In this Series C funding round, T2Y Capital co-invests with Syensqo Ventures, Finindus, CDP Venture Capital (through Corporate Partners I IndustryTech and EnergyTech funds and PiemonteNext fund, established and managed by CDP Venture Capital and subscribed by the regional finance company FinPiemonte to maximise investments in innovation for the region), Santander Alternative Investments (through Santander Climate Fund), and MITO Tech Ventures. This investment builds on a succession of previous capital injections, underscoring Tretau’s sustained growth and its ability to attract leading investors who share its vision for innovation in the energy transition. Beyond reinforcing the company’s trajectory in developing high-performance magnet wire solutions, this funding not only strengthens Tretau’s leadership but also strategically positions Piedmont as a premier hub for automotive innovation and advanced manufacturing. It solidifies Tretau’s competitive edge in the global wire and electrification markets and provides critical resources to accelerate R&D, scale up production, and bring next-generation technologies to market. Andreas Haindl, Co-Founder of T2Y Capital: “Tretau combines breakthrough technology, strong market traction and proven leadership. Their patented technologies address a critical need in the electrification megatrend that creates unprecedented demand for high-performance magnet wire solutions. We see tremendous potential for international expansion and market leadership, and we look forward to partnering to scale Tretau globally.” Tretau's Blueprint Manufacturing Plant in Pianezza Francesco Taiariol, Co-Founder and CEO of Tretau: “We're thrilled to welcome T2Y Capital as lead investor of our funding round and strategic partner for our international expansion. We share the same commitment to enabling the energy transition through breakthrough technology. We're excited to work together to establish Tretau as the global benchmark in magnet wire production.” Tretau was founded to accelerate the transition to a decarbonized future. Building on its core technology, the company is establishing a new industry benchmark for electrification. Tretau supports its stakeholders with solutions that enhance operational efficiency, reduce environmental impact, and enable scalable, cost-effective manufacturing. To deliver on this mission, Tretau has developed DryCycle®, a patented manufacturing process that enables the application of high-performance technopolymers – including PEEK insulation – directly onto magnet wire in a single step, without solvents, additives, or pre-treatments. This cost-effective technology balances the need for resource-efficient production with the electrical strength, thermal stability, and reliability demanded by modern electrified systems. The wire manufactured through this breakthrough process enables the electric machines of tomorrow: more powerful, compact, and eco-friendly. Since its establishment in 2014, Tretau has emerged as a pivotal figure in magnet wire innovation and production. With an ambitious team of 70+ employees, the company holds 70 patents in 28 countries and has forged partnerships with leading global players in the automotive, chemical, and various other industries. T2Y Capital invests in high-growth companies with market-proven solutions across the energy transition value chain – including key supplier industries. Recent investments include a strategic partnership with energy storage pioneer Prime Batteries and backing Wetrax Group, a leading German provider of innovative aerosol-based fire suppression solutions used in rapidly growing sectors such as battery storage. With the investment in Tretau, T2Y Capital continues its strategy of identifying leading companies with mature technologies and business models ready for scale-up. Founded by former investment bankers Patrick Bettscheider and Andreas Haindl, the fund aims to build European champions of the energy transition to achieve above-average returns for its investors. T2Y Capital focuses on investments in the double- to triple-digit million-euro range – both through the fund and in partnership with co-investors to enable larger transaction volumes. About T2Y Capital T2Y Capital is a growth equity investor focused on the energy sector and adjacent industries. The fund aims to scale innovative companies with a proven business model by providing capital and expertise, thereby generating superior returns for its investors. T2Y Capital invests along the entire value chain and helps to build European champions in the energy transition. As an SFDR Article 9 fund, T2Y Capital meets the highest standards of the EU Disclosure Regulation. The Munich-based investment firm was founded in 2022 by former investment bankers Patrick Bettscheider and Andreas Haindl. Bettscheider was the founder and majority shareholder of the European investment boutique MainFirst Bank AG and subsequently majority shareholder of Kommunalkredit Austria AG from 2015 to 2024. Haindl was CEO of MainFirst and previously held positions at Deutsche Bank and McKinsey. For additional information about T2Y Capital, please visit T2Y Capital’s website www.t2ycapital.com and LinkedIn page. About Tretau Formerly known as Tau Group, Tretau is a global technology leader delivering next-generation insulated wire solutions for electrification. Its patented technologies combine the need for sustainable, resource-efficient production with the power, reliability and performance required by electric vehicles and machinery. This enables the production of smaller, durable, greener, and more powerful motors, transformers, and generators. Tretau specialized in low-impact protective coatings for high-performance copper, aluminum, and steel wires. For additional information, please visit Tretau’s website www.tau.group and follow Tretau on X and LinkedIn .
- Tau Group Announces Rebrand to Tretau as Part of Global Expansion Strategy
Pianezza, July 09, 2025 - Tau Group, the technology company at the forefront of the energy transition and a pioneer in electrification and decarbonization, is proud to announce its new brand name. The rebranding marks a pivotal milestone in the company’s international growth, aligning with its vision to unify operations and establish a stronger presence across global markets. What began as a local innovator has rapidly evolved into a global force shaping the future of mobility, renewable energy, and industrial electrification. Reflecting this accelerated growth and expanding impact, the company is unifying all current and future locations under a single name: Tretau . This new brand identity brings together teams, technologies, and stakeholders around the world under one commitment, to set the industry standard. “ Tretau operates across e-mobility, renewable energy, electrical grids, and industrial markets, ” said Francesco Taiariol, Co-founder and CEO. “ By coming together under one name, we reinforce our global footprint and sharpen our focus. Our new identity helps us tell a clearer story about who we are, what we stand for, and the value we bring as a partner in electrification. " Tau Group becomes Tretau as part of global expansion strategy The name Tretau bridges past and future. It honors the company’s roots while capturing the spirit of transformation and forward thinking that has always defined its journey. Founded with the goal of reinventing a sector often slow to change, Tretau set out to make wire not just a component, but a catalyst for innovation across industries. “Our logo is a visual expression of who we are” said Taiariol. “Is just one part of a larger system that expresses our vision and where we’re going. It represents our leadership in powering the future of electrification.” Alongside the name change, Tretau is unveiling a new logo and refreshed visual identity, designed to reflect the company’s evolution and continued pursuit of technical and environmental excellence. This rebranding signals the start of an exciting new chapter. With expanded global reach, a unified identity, and a continued commitment to performance and sustainability, Tretau remains driven by curiosity, expertise, and purpose. About Tretau Formerly known as Tau Group, Tretau is a global technology leader delivering next-generation insulated wire solutions for electrification. Its patented technologies combine the need for sustainable, resource-efficient production with the power, reliability and performance required by electric vehicles and machinery. This makes it possible to manufacture smaller, more durable, more environmentally-friendly and more powerful motors, transformers and generators. Tretau’s focus is on protective coatings for high-performance copper, aluminum, and steel wires with a low environmental impact. Visit www.tau.group or follow Tretau on X and LinkedIn
- Tau Group Joins Cleantech for Italy as Coalition Member
Tau Group supports national push to scale clean technologies and drive industrial transformation Turin, April 09, 2025 . Tau Group is proud to announce its role as a member of Cleantech for Italy , a national coalition of investors, innovators, and academic institutions committed to placing clean technologies at the core of Italy’s industrial strategy. As Italy faces rising energy costs, increasing geopolitical uncertainty, and a prolonged contraction in industrial output, Cleantech for Italy aims to turn these challenges into an opportunity. The coalition’s mission is to accelerate the growth of home-grown cleantech champions capable of driving decarbonization, strengthening energy security, and creating the green jobs of the future. By joining this initiative, Tau Group reaffirms its commitment to supporting the transition toward a more resilient and competitive industrial system. The coalition’s agenda is built around five strategic pillars: scaling innovation into industry, accelerating industrial adoption of cleantech solutions, unlocking capital for scale-ups, modernizing regulation to support deployment, and building a future-ready workforce. Cleantech for Italy aligns with the broader European Clean Industrial Deal and reflects a growing consensus that cleantech is not just about climate—it’s central to long-term economic strength and strategic autonomy. Tau Group is a new member of the Cleantech for Italy Coalition About Tau Group Tau Group is a technology company working at the heart of the energy transition, committed to decarbonising energy and electrifying transport options. Its patented technologies combine the need for sustainable, resource-efficient production with the power, reliability and performance required by electric vehicles and machinery. This makes it possible to manufacture smaller, more durable, more environmentally-friendly and more powerful motors, transformers and generators. Tau Group’s focus is on protective coatings for high-performance copper, aluminium, and steel wires with a low environmental impact. Visit www.tau.group or follow Tretau on X and LinkedIn About Cleantech for Italy Cleantech for Italy is a coalition of leading innovators, investors and research institutions advocating for cleantech to play a central role in Italy's industrial strategy. The initiative is committed to accelerating the development, demonstration and deployment of cutting-edge clean technologies in Italy by: advocating for an enabling cleantech regulatory environment, mobilizing financial instruments to support the scale-up of cleantech projects, bridging the gap between supply and demand to accelerate cleantech adoption, and facilitating technology transfer and efficient go-to-market pathways for cleantech. Visit www.cleantechforitaly.com or follow Cleantech for Italy on LinkedIn
- EIB supports Tau Group with €20 million to improve sustainability and efficiency in the car manufacturing industry.
EIB financing will enable Tau Group to increase production of high-performance and environmentally friendly magnet wire from 2000 to 12000 tonnes per year for use in vehicles and machine parts. Investments will be made at their facility in Turin (Italy) between 2024 and 2027. The project is backed by InvestEU, the European Commission’s investment programme. Luxembourg, December 12, 2024 . The European Investment Bank (EIB) has announced a €20 million venture debt loan for Tau Group, an Italian technology startup at the heart of efforts to electrify transport solutions. The EIB’s investment will enable Tau Group to increase its production capacity for high-performance magnet wire for use in vehicles and machine parts that also contribute to the energy transition. The current capacity of around 2000 tonnes is set to increase to 12000 per year by 2027. The agreement, backed by InvestEU, was announced at the EIB Headquarter in Luxembourg. The EIB-funded investments will be made at the plant in Turin by 2027. Tau Group’s objective is to replace current wire enamelling techniques – which involve using hazardous and polluting solvents – with a new technology making it possible to coat wire with advanced engineering polymers. The use of wire in electric motors has been a complex process until now, requiring several evaporation stages as well as solvents that are harmful to the environment. The DryCycle process, patented by Tau Group, has just one step and yields the same or better results than the traditional process. It does not require the use of solvents, reduces energy consumption, and minimises waste during production. In this way, Tau Group produces high-performance, environmentally-friendly and low-cost magnet wire for electric vehicles and other electrical machinery, helping to speed up developments in the sustainable transport sector. With venture debt, the EIB offers a type of quasi-equity financing designed to meet the specific needs of innovative businesses that are growing rapidly. The EIB's venture debt portfolio is the largest in Europe, with over €6 billion invested in 200 operations and 50 exit deals since 2015. “Electrifying the car manufacturing industry and ensuring its production efficiency is fundamental, not only to step up the fight against climate change, but also to reinforce Europe’s competitiveness,” said Alessandro Izzo, EIB Director Equity, Growth and Project Finance . “EIB financing aims to create a more efficient and sustainable manufacturing industry that is ready to face the challenges of the future.” Tau Group at the EIB Headquarters "EIB support represents a key contribution to accelerating the growth of European industry and advancing the electrification of production processes and consumption," said Tau Group CEO, Francesco Taiariol . “This support will enable us to continue scaling up production capacity and make full use of the DryCycle process to manufacture magnet wire, an essential component of electric motors. Tau Group is committed to becoming an industry leader, promoting sustainability and efficiency in its sector, and consolidating Europe’s role at the forefront of the global energy transition.” About Tau Group Tau Group is a technology company working at the heart of the energy transition, committed to decarbonising energy and electrifying transport options. Its patented technologies combine the need for sustainable, resource-efficient production with the power, reliability and performance required by electric vehicles and machinery. This makes it possible to manufacture smaller, more durable, more environmentally-friendly and more powerful motors, transformers and generators. Tau Group’s focus is on protective coatings for high-performance copper, aluminium, and steel wires with a low environmental impact. Visit www.tau.group or follow Tretau on X and LinkedIn About the EIB The European Investment Bank (ElB) is the long-term lending institution of the European Union, owned by its Member States. It finances investments that contribute to EU policy objectives . EIB projects bolster competitiveness, drive innovation, promote sustainable development, enhance social and territorial cohesion, and support a just and swift transition to climate neutrality. The EIB Group, which also includes the European Investment Fund (EIF) , signed a total of €88 billion in new financing for over 900 projects in 2023 . These commitments are expected to mobilise around €320 billion in investment, supporting 400 000 companies and 5.4 million jobs. In the last five years, the EIB Group has provided more than €58 billion in financing for projects in Italy. All projects financed by the EIB Group are in line with the Paris Climate Accord. The EIB Group does not fund investments in fossil fuels. We are on track to deliver on our commitment to support €1 trillion in climate and environmental sustainability investment in the decade to 2030 as pledged in our Climate Bank Roadmap . Over half of the EIB Group’s annual financing supports projects directly contributing to climate change mitigation, adaptation, and a healthier environment. Approximately half of the EIB's financing within the European Union is directed towards cohesion regions, where per capita income is lower. This underscores the Bank's commitment to fostering inclusive growth and the convergence of living standards. About InvestEU The InvestEU programme provides the European Union with essential long-term financing, helping to leverage substantial sums of public and private funding to enable a sustainable recovery. It also helps to crowd in private investment for the European Union's strategic priorities such as the European Green Deal and the digital transition. The InvestEU programme brings together under one roof the multitude of EU financial instruments currently available to support investment in the European Union, making funding for investment projects simpler, more efficient and more flexible. InvestEU has three components: the InvestEU Fund, the InvestEU Advisory Hub and the InvestEU Portal. The InvestEU Fund is deployed through financial partners that invest in projects using the EU budget guarantee of €26.2 billion. The entire budget guarantee will back the investment projects of the implementing partners, increasing their risk-bearing capacity and mobilising at least €372 billion in additional investment.
- Tau Group Announces €1.5 Million Investment from MITO Tech Ventures to Expand Magnet Wire Production
This investment enables Tau Group to expand its capacity to meet the rising demand for sustainable magnet wire solutions, supporting the global shift towards electrification. Turin, October 30, 2024 . Tau Group secures €1.5 million investment from MITO Tech Ventures, a venture capital firm focused on accelerating innovative technologies for environmental transition and decarbonisation towards the Net Zero goal. MITO Tech Ventures's investment is an extension of Tau Group's recent strategic Series-B funding round. In January 2024, the company raised €11 million in this round. The additional capital, along with the support of Tau Group’s existing investors — Syensqo, Finindus, Altana AG, CDP Venture Capital, and Santander Bank (through the Santander InnoEnergy Climate Fund) — will further accelerate the company's growth and expand its production capacity. Tau Group’s patented technologies enable sustainable and resource-efficient manufacturing, delivering the high performance essential for electrification. The company plays a pivotal role in the development of smaller, greener, and more powerful electric motors, transformers, and generators through its advanced magnet wire solutions. “MITO Tech Ventures's commitment to sustainable development aligns seamlessly with our core values and vision,” stated Francesco Taiariol, CEO and Co-founder of Tau Group. “This strategic investment will not only allow us to expand our production capabilities but also accelerate advancements in the electrification of transportation and energy systems, driving meaningful change towards a more sustainable and resilient future.” Tau Group's Pianezza Production Facility Alberto Calvo, Managing Director of MITO Tech Ventures said: “The electrification of processes and consumption requires the development of radically innovative and environmentally friendly technological solutions. Tau brings unique, state-of-the-art solutions to the market, which will enable entire industrial sectors to make their products and services more efficient in a sustainable way. We fully share the vision and strategies of the entrepreneurial team to build a future of low-emission applications in this sector. As investors, we strongly support the company's growth path, with the goal of seeing it become an undisputed leader in its field.” About Tau Group Tau is a technology company at the core of energy transition, decarbonization of energy and electrification of transport. Its patented technologies reconcile the necessity of sustainable, resource-minimizing manufacturing with the power, reliability and performance that electrification requires to enable smaller, greener, longer-lasting and more powerful motors, transformers and generators. Tau focuses on carbon-conscious protective coatings for high-performance and standard copper, aluminium and steel wires. Visit www.tau.group or follow Tretau on X and LinkedIn About MITO Technology MITO Technology is an advisor to venture capital funds focusing on technologies generated by universities and research centers, mainly in Italy. It has a team of professionals with transversal skills ranging from technology transfer to intellectual property management and business strategy. Young PhDs with solid scientific backgrounds have joined the team. In 2018, MITO Technology launched its first vintage, Progress Tech Transfer, dedicated to technologies for sustainability. In 2024, MITO Technology announced the launch of its second vintage, MITO Tech Ventures, which invests in technologies for ecological transition and decarbonization, towards the goal of net zero. Visit www.mitotech.eu or follow MITO Technology on LinkedIn
- Tau Group to Exhibit at CWIEME Berlin and Coiltech North America this June
Turin, May 20, 2025 . We are pleased to announce Tau Group ’s participation in two leading industry events this June, where we will showcase our latest innovations in high-performance magnet wire technologies for next-generation electrification. CWIEME Berlin June 3–5 Stand 32F42 Our team will be on-site to present application-specific solutions designed to meet the evolving demands of the electrification market. We also invite you to attend Filippo Veglia ’s session during the Innovation Zone Power Hours (Hall 25), where he will discuss how Tau enables cost efficiency without compromising on technical performance. Coiltech North America Novi, Michigan June 11–12 Stand F28 Meet our team to learn how our patented coating technologies are enabling more efficient, compact, and sustainable electric machines across key sectors. If you are planning to attend either event, we would look forward to meeting you. Please contact sales@tau.group to schedule a meeting, or feel free to visit our stand at your convenience. About Tau Group Tau Group is a technology company working at the heart of the energy transition, committed to decarbonising energy and electrifying transport options. Its patented technologies combine the need for sustainable, resource-efficient production with the power, reliability and performance required by electric vehicles and machinery. This makes it possible to manufacture smaller, more durable, more environmentally-friendly and more powerful motors, transformers and generators. Tau Group’s focus is on protective coatings for high-performance copper, aluminium, and steel wires with a low environmental impact. Visit www.tau.group or follow Tau on X and LinkedIn
- Tau Group Secures Multi-Year Supply Contract with Volvo Cars for BEV Platform
We are proud to announce that Tau Group has secured a significant, multi-year magnet wire supply contract with Volvo Cars for the upcoming BEV platform. About Tau Group Tau is a technology company at the core of energy transition, decarbonization of energy and electrification of transport. Its patented technologies reconcile the necessity of sustainable, resource-minimizing manufacturing with the power, reliability and performance that electrification requires to enable smaller, greener, longer-lasting and more powerful motors, transformers and generators. Tau focuses on carbon-conscious protective coatings for high-performance and standard copper, aluminium and steel wires. Visit www.tau.group or follow Tau on Twitter and LinkedIn
- Tau Group's R&D Team Publishes Study on Thermal Aging's Impact on Electrical Performance
The research and development team at Tau Group recently published a study examining the impact of thermal aging on the electrical performance of wire coated with PFA and PAI. The study, which was published in IEEE Xplore, offers insights into the behavior of these essential components under varying environmental conditions. The study examines the intricate interplay between thermal aging and electrical performance, providing critical data on the behavior of PFA and PAI coated wire over time. By analyzing the effects of thermal aging in controlled environments such as air, oil, and saltwater, the study provides actionable insights for industry professionals seeking to optimize electrical systems' reliability and performance. "This study represents a significant advance in our understanding of the complexities of thermal aging and its effects on dielectric properties," states Enrico Cepparrone, R&D Product Manager at Tau Group. "It is of paramount importance to gain an understanding of how these coatings respond to thermal stress in order to ensure the longevity and efficiency of electrical systems." The insulation of stator winding wires plays a pivotal role in ensuring the reliable and long-lasting operation of electric motors. In light of the ever-increasing demand for product lifetime assurance of electrical components, Tau Group reaffirms its unwavering commitment to continuous research and its dedication to advancing technology to meet the market's demand. Read the study: Effect of Thermal Aging on Electrical Performance of Perfluoroalkoxy- and Polyamide-Imide-Coated Magnet Wire | IEEE Journals & Magazine | IEEE Xplore About Tau Group Tau is a technology company at the core of energy transition, decarbonization of energy and electrification of transport. Its patented technologies reconcile the necessity of sustainable, resource-minimizing manufacturing with the power, reliability and performance that electrification requires to enable smaller, greener, longer-lasting and more powerful motors, transformers and generators. Tau focuses on carbon-conscious protective coatings for high-performance and standard copper, aluminium and steel wires. Visit www.tau.group or follow Tau on X and LinkedIn About IEEE Magazine IEEE is the world’s largest technical professional organization dedicated to advancing technology for the benefit of humanity. IEEE and its members inspire a global community through its highly cited publications, conferences, technology standards, and professional and educational activities. IEEE Xplore is the flagship digital platform for discovery and access to scientific and technical content published by the IEEE (Institute of Electrical and Electronics Engineers) and its publishing partners. Visit IEEE Magazine and IEEE Xplore
- Tau Group Attains ISO 14001 Certification, Reinforcing Commitment to Environmental Responsibility
Tau Group demonstrates its commitment to reducing its carbon footprint, fostering social responsibility, and advancing sustainability initiatives. Turin, February 07, 2024. Tau Group is proud to announce its recent achievement of ISO 14001 certification, underscoring the company's unwavering dedication to excellence and environmental stewardship. ISO 14001 is an internationally recognized standard for environmental management systems (EMS), developed by the International Organization for Standardization (ISO). This certification serves as a testament to Tau Group's commitment to establishing and enhancing effective environmental practices within its operations. By integrating ISO 14001 standards into its business processes, Tau Group has embraced eco-friendly practices, significantly reducing its carbon footprint and fostering social responsibility. This certification demonstrates Tau Group's ongoing efforts to minimize environmental impact, ensure compliance with regulations, and advance sustainability initiatives. "Obtaining ISO 14001 certification reflects Tau Group's dedication to environmental responsibility. It demonstrates our commitment to sustainable practices and reinforces our position as a leader in environmental stewardship," said Carlotta Zago, Quality Manager at Tau Group. Key elements of ISO 14001 certification include the establishment of an environmental policy, identification of environmental aspects and impacts, implementation of environmental management systems, monitoring of environmental performance, and continual improvement. This achievement reaffirms Tau Group’s commitment to environmental responsibility to stakeholders, customers, regulators, and the broader community. As Tau Group continues to progress, it remains dedicated to upholding these standards, fostering innovation, and delivering unparalleled value to its stakeholders. About Tau Group Tau is a technology company at the core of energy transition, decarbonization of energy and electrification of transport. Its patented technologies reconcile the necessity of sustainable, resource-minimizing manufacturing with the power, reliability and performance that electrification requires to enable smaller, greener, longer-lasting and more powerful motors, transformers and generators. Tau focuses on carbon-conscious protective coatings for high-performance and standard copper, aluminium and steel wires. Visit www.tau.group or follow Tau on X and LinkedIn About ISO 14001 ISO 14001 is the internationally recognized standard for environmental management systems (EMS). It provides a framework for organizations to design and implement an EMS, and continually improve their environmental performance. By adhering to this standard, organizations can ensure they are taking proactive measures to minimize their environmental footprint, comply with relevant legal requirements, and achieve their environmental objectives. The framework encompasses various aspects, from resource usage and waste management to monitoring environmental performance and involving stakeholders in environmental commitments.
- Tau Group Closes €11 Million Extension to Series-B Round to Fuel Growth and Enhance Production Capacity
The round, led by CDP Venture Capital and Santander Alternative Investments (through Santander InnoEnergy Climate Fund), is joined by existing investors and unfolds concurrently with Tau Group’s expansion of production capacity at its new facility. Turin, January 30, 2024. Tau Group, a leading technology company driving energy transition and decarbonization efforts, is establishing a new global standard in electric motor insulated wire. Tau has successfully closed a €11 million extension to its Series-B funding round. CDP Venture Capital and Santander Alternative Investments (through Santander InnoEnergy Climate Fund) took the lead in this round, with continued support from existing investors. This strategic funding aligns with Tau's concurrent expansion of production capacity in a new facility, geared towards fulfilling long-term supply agreements recently inked with automotive industry partners. Tau Group stands at the forefront of the energy transition, specializing in the decarbonization of energy and electrification of transport. The company's patented technologies strike a balance between sustainable, resource-minimizing manufacturing and the robust performance required for effective electrification. Their focus on carbon-conscious protective coatings for high-performance copper, aluminum, and steel wires has positioned them as a key player in advancing smaller, greener, longer-lasting, and more powerful motors, transformers, and generators. "This €11 million investment represents a pivotal moment for Tau Group and reinforces our commitment to leading the charge in sustainable technology" said Francesco Taiariol, CEO and Co-founder at Tau Group, "With the support of CDP Venture Capital and Santander InnoEnergy Climate Fund, we are poised to accelerate the adoption of e-mobility, bringing about positive change in the global transportation landscape." CDP Venture Capital participates in the operation through its corporate venture capital fund Corporate Partner I, with the IndustryTech and the EnergyTech Sub funds. CDP Venture Capital invests jointly with the regional co-investment fund Piemonte Next, established and managed by CDP Venture Capital and underwritten by the Financial Institution of Piemonte Region Finpiemonte with the objective of maximizing investments in innovation for the territory. “The revolutionary technology patented by Tau Group promises to significantly improve conductor performance, providing a competitive advantage in the industry and paving the way for more sustainable solutions in the world of electrical conduction” comments Enrico Filì, Head of IndustryTech sub-fund of Corporate Partners I fund, CDP Venture Capital, “The new funding will support Tau production capacity through a new plant and new production lines targeted at fulfilling the increasing demand from the international automotive sector. Tau represents an ideal target for CDP Venture Capital's cvc fund helping companies creating bridges between large industrial groups and the new disruptive solutions”. Santander InnoEnergy Climate Fund’s mission is that of accelerating the energy transition across different sectors, including that of mobility. Such focus, together with the expertise and network of the corporations that are behind the fund (Santander and InnoEnergy), make it a perfect ally for Tau Group at this point in time. As Tau Group continues to advance in sustainable magnet wire manufacturing, the additional funding sets the stage for an exciting chapter of growth and impact on a global scale. The funds raised in this extension will propel Tau Group's growth trajectory, enhancing its ability to achieve ambitious goals. This investment will play a pivotal role in scaling up production capacity, a crucial step in meeting the demands arising from Tau Group's recent long-term supply agreements within the automotive sector. The company remains dedicated to advancing sustainability, fostering innovation, and contributing to the broader goals of the energy transition. About Tau Group Tau is a technology company at the core of energy transition, decarbonization of energy and electrification of transport. Its patented technologies reconcile the necessity of sustainable, resource-minimizing manufacturing with the power, reliability and performance that electrification requires to enable smaller, greener, longer-lasting and more powerful motors, transformers and generators. Tau focuses on carbon-conscious protective coatings for high-performance and standard copper, aluminium and steel wires. Visit www.tau.group or follow Tau on X and LinkedIn About CDP Venture Capital CDP Venture Capital is an asset management company participated by CDP Equity (70%) and Invitalia (30%) with the goal of making venture capital a cornerstone of Italy's economic development and innovation, creating the conditions for the overall, sustainable growth of the entire innovation ecosystem. CDP Venture Capital manages 13 investment funds, amounting to over 3 billion euros in resources that support innovative enterprises at all stages of their life cycle, making both direct and indirect investments (funds of funds). About Santander Alternative Investments SGIIC Santander Alternative Investments SGIIC, part of Santander Asset Management, is an alternative investment fund manager with EUR 2 billion in committed capital through debt finance, trade finance, venture capital, real estate, infrastructure and FoF strategies. It has 60 employees, half of whom make up its investment teams. As part of Santander Wealth Management & Insurance (WM&I), Santander Asset Management is a global asset manager with firm roots in Europe and Latin America. Stretching back over 50 years and operating in 10 countries, it has EUR 215 billion in assets under management across all types of investment vehicles, from mutual funds and pension plans to institutional mandates and alternative investments. It has over 820 employees all over the globe, some 210 of whom are investment specialists with over 10 years’ experience in asset management. Its investment methods and local teams’ analysis capabilities, coupled with stringent risk control, give it a unique insight into market opportunities and its clients’ needs. Figures as at December 2023.
- Tau Group Named on the 2024 Global Cleantech 100
Global Cleantech 100 list: Tau Group makes significant contributions to sustainable innovation. Turin, January 15, 2024. Tau Group, a technology company leading the energy transition, decarbonization and electrification of transport, has been named on Cleantech Group’s 2024 Global Cleantech 100. This annual list, now in its 15th year, serves as a definitive guide to the top companies making significant contributions to sustainable innovation. Tau has positioned itself as an innovative supplier to the automotive industry by establishing a new global standard in electric motor insulated wire. Its wire addresses the industry’s demand for the next generation of motors to have a minimized carbon footprint, use fewer resources, and enhance the efficiency, range, and recharge time of electric vehicles. The key lies in the wire’s superior resistance to partial discharge and its ability to accommodate voltages of 800V and higher. The use of high-performance polymers with proprietary coating technology enables Tau to produce wire that facilitates higher performance, leading to smaller and more reliable electric motors—a crucial element in the accelerating adoption of electric vehicles. The Global Cleantech 100 features top private companies with innovative solutions in sectors like Agriculture & Food, Energy & Power, Materials & Chemicals, Resources & Environment, and Transportation & Logistics. Selected through a rigorous evaluation, these companies provide sustainable answers to address the climate and environmental crisis. “These innovative companies are driving positive change and are at the forefront of enabling the global transition to a more sustainable future,” said Richard Youngman, CEO, Cleantech Group. “The Global Cleantech 100 is a recognition of the market’s positive view on their progress to date and their potential impact in building a cleaner, decarbonized world.” "At Tau Group, we believe in the power of innovation to address environmental challenges. Being part of Cleantech Group's Global Cleantech 100 highlights our commitment to providing cutting-edge solutions for a more sustainable and energy-efficient future" said Francesco Taiariol, Tau Group’s Co-founder and CEO. In line with its dedication to continuous improvement, Tau Group is actively increasing its production capacity in its new plant in Pianezza (TO), Italy. This expansion will play a pivotal role in meeting the growing demand for its insulated wire, reinforcing Tau Group's position in the energy transition and sustainable innovation. Download the Global Cleantech 100 complimentary report where Cleantech Group shares further insights and perspectives on the state of global cleantech innovation. About Tau Group Tau is a technology company at the core of energy transition, decarbonization of energy and electrification of transport. Its patented technologies reconcile the necessity of sustainable, resource-minimizing manufacturing with the power, reliability and performance that electrification requires to enable smaller, greener, longer-lasting and more powerful motors, transformers and generators. Tau focuses on carbon-conscious protective coatings for high-performance and standard copper, aluminium and steel wires. Visit www.tau.group or follow Tau on X and LinkedIn About Cleantech Group Cleantech Group is the leading authority on global cleantech innovation. Since 2002, its research has assisted corporations, the public sector, investors, and others in identifying, assessing, and engaging with innovative solutions and opportunities related to the world’s massive and growing environmental and climate challenges.
- Tau Group Named Hello Tomorrow Deep Tech Pioneer
Tau Group has been selected as a Hello Tomorrow Deep Tech Pioneer Hello Tomorrow Investor Day & Global Summit, Paris Turin, November 24, 2023. Tau Group Tau Group has been selected as a Hello Tomorrow Deep Tech Pioneer. Tau Group proudly announces its selection as a Hello Tomorrow Deep Tech Pioneer for 2023, positioning itself among a distinguished group of visionaries, innovators, and disruptors at the forefront of revolutionizing industries through deep tech. This follows a rigorous selection process that evaluated 4,500 applications from 120 countries. As part of the DTP, Tau Group will participate in Investor Day on March 20th, 2024, and in The Hello Tomorrow Global Summit from March 21st to 22nd, 2024, in Paris. Investor Day provides Tau Group with the opportunity to engage with key stakeholders, pitch groundbreaking ideas, and explore potential collaborations that further enhance our mission. The Hello Tomorrow Global Summit, a two-day event, will bring together 3,000 of the brightest minds in deep tech, fostering discussions about the future of technology and providing a platform for networking and inspiration. This platform serves as a catalyst for Tau Group to continue pushing the boundaries of innovation and making lasting impacts on industries. About Hello Tomorrow Hello Tomorrow was created in 2011 by a group of individuals convinced that science has the potential to change the world for the better, but that the traditional model of technology transfer to bring solutions from lab to market – and from idea to impact – could not rise to this challenge. Since then, Hello Tomorrow has built and orchestrated the largest and widest Deep Tech network as well as helping Deep Tech startups and corporations build new solutions. Hello Tomorrow Global Summit is the closing event of the Deep Tech Days, which is a week-long gathering in Paris made up of events dedicated to celebrating and accelerating deep tech innovation: connecting key people bringing solutions from lab to market and strengthening the deep tech investment network. The flagship events include: the Hello Tomorrow Investor Day, Financing the Future and the Global Summit. About Tau Group Tau is a technology company at the core of energy transition, decarbonization of energy and electrification of transport. Its patented technologies reconcile the necessity of sustainable, resource-minimizing manufacturing with the power, reliability and performance that electrification requires to enable smaller, greener, longer-lasting and more powerful motors, transformers and generators. Tau focuses on carbon-conscious protective coatings for high-performance and standard copper, aluminium and steel wires. Visit www.tau.group or follow Tau on X and LinkedIn











