Alteva secures 1.7 million euros in pre-seed financing

Marc Nemitz Marc Nemitz | 20.01.2025

With a new generation of batteries that are three times lighter than current technologies, alteva is aiming to electrify global transportation. Pre-seed round raises 1.7 million euros in fresh capital.

Cologne, January 20, 2025 - Battery startup alteva has successfully closed a pre-seed financing round of 1.7 million euros. The financing round was led by High-Tech Gründerfonds (HTGF), with participation from UnternehmerTUM Funding for Innovators, NRW.BANK and several angel investors. With the new capital, alteva plans to further develop its prototypes and enter series production within the next two to three years.

Ultra-light batteries as the key to the electrification of transportation

Alteva is developing a pioneering battery technology specifically designed for applications in aviation, trucks, buses and heavy goods vehicles. The innovative carbon material on which the battery cells are based enables three times lighter weight compared to conventional batteries. This technology offers higher energy density combined with longevity and addresses one of the key obstacles to the electrification of heavy and long-distance vehicles: the high weight of conventional energy storage systems.

With the support of our investors, we are a big step closer to our vision of fully decarbonized transportation. Our batteries will change the way we use natural resources and make mobility sustainable

Aiko Bernehed, founder and CEO of alteva

The technological basis of the batteries was developed in collaboration with the German Aerospace Center (DLR). Alteva wants to use this innovation to drive forward the decarbonization of transport and replace fossil fuels in one of the most energy-intensive sectors.

Fossil fuels continue to dominate primary energy demand. Alteva's pioneering batteries have the potential to reduce this dependency in the long term.

Maximilian Scholz, Investment Manager at HTGF

Founded in 2023 by Aiko Bernehed and Ida Milow, alteva Technologies GmbH develops innovative battery solutions for the global transportation sector. The company's goal is to accelerate the decarbonization of aviation, long-distance transport and heavy-duty applications with its ultra-light battery technology.

Future prospects: prototypes and series production

The pre-seed funds will be used to complete the development of the prototypes. Following successful pilot projects with the first customers, series production is set to start within the next two to three years. alteva is thus positioning itself as a potential key player for sustainable electrification in the global transportation sector.


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