Reverion Raises €8.5 Million to Enter Series Production of Power Plants of the Future

Reverion, the climate tech start-up for renewable energies, has raised €8.5 million to accelerate the production of their revolutionary clean power plants. UVC Partners, Green Generation Fund, Extantia Capital, Doral Energy-Tech Ventures, and biomethane trader Landwärme GmbH participated in the round.
Reverion Raises €8.5 Million to Enter Series Production of Power Plants of the Future

The investors’ fresh capital will be used to expand the production of 100 kW and 500 kW biogas power plants. Both plant sizes have recently received significant demand from customers. In addition, Reverion has received EUR 12 million of research capital, which will be used to develop the plants.

With Reverion’s new technology, existing biogas operators can increase their revenue by up to 400 percent using the same amount of biomass. The company’s upcoming Series A fundraise aims to scale production to meet anticipated market demand for gigawatts of renewable capacity.

100 percent more efficiency and no harmful CO2 emissions

Reverion’s mission is to replace as many of the world’s conventional power plants as possible. The first target market is existing biogas suppliers. Today, these are operated with gas engines with very low efficiency (max. 40 percent), are not flexible, offer limited storage options, and emit millions of tons of CO2 annually. In contrast, Reverion’s modular power plants can double the efficiency of electricity generation from 40 to 80 percent compared to conventional technology.

Since the small power plants can also run “backward” (reversible), a renewable natural gas substitute or green hydrogen can be produced and stored from a temporary surplus in the wind and solar power to make the grid more flexible. Another advantage is that Reverion’s modern power plants can be operated CO2-negatively when biogas is used.

The patented carbon-negative fuel cell technology has already attracted numerous customers.

“We have secured over EUR 60 million in pre-orders, which we plan to fulfill,” explains Felix Fischer, Co-Founder, and COO. “Our objective is to break even by entering series production and rapidly scaling the number of units delivered,” he says.

EU Commission’s goals speed up Reverion’s market entry

Swift action is necessary for Germany to meet the EU Commission’s goals for the energy transition (Net-Zero Act) in the foreseeable future. Reverion, the spin-off from the Technical University of Munich, can significantly contribute to reaching these targets:

“Our technology addresses four out of the eight currently declared goals: improving storage, expanding electrolysis processes and fuel cells, increasing the use of biogas and biomethane, and carbon storage. Therefore, we are confident that a rapid and comprehensive market entry will give Germany and the EU a competitive edge in ultra-flexible and carbon-negative energy supply,” explains Stephan Herrmann, Co-Founder, and CEO.

Established industries need to cooperate

Access to capital is the bottom line when entering mass production, and close cooperation with the established industry is crucial for success. This is precisely where UVC Partners can support as an experienced hardware investor.

“We looked at various start-ups in this area. The founding team of Reverion convinced us because they have developed an outstanding technology over the last years and successfully tested it in a pilot plant. With our large network together with UnternehmerTUM, we can bring partners, suppliers, and expertise to the table to further scale the technology,” explains Johannes von Borries, Managing Director at UVC Partners.

All investors recognize the potential benefits to society and the economy of scaling Reverion’s technology. Janna Ensthaler, General Partner at the Green Generation Fund, says, “Reverion’s innovative technology promises to contribute to the energy transition significantly, enhancing the efficiency of biogas plants and displacing fossil fuels from the grid. From day one, the exceptional technical founding team captivated us, with their sales traction demonstrating commercial acumen alongside Research and Development expertise.

"The Green Generation Fund is excited to support the team in realizing their ambitious decarbonization vision every step of the way.”

Torben Schreiter, Partner at Extantia Capital summarizes all the advantages of Reverion, saying, “When deployed at scale, Reverion can truly revolutionize the way we generate baseload power around the world. With its proprietary technology, the company has solved all of the historical technical shortcomings associated with biogas power, resulting in a 5x increase in revenue for customers from the same amount of biomass.

"While Reverion is currently selling into the world’s leading biogas market first (Germany), we are observing substantial interest from international prospects as well. Reverion has what it takes to scale this solution, a global leader in renewable energy, and shape gigawatts of future clean energy.”

Baterías con premio en la gran feria europea del almacenamiento de energía
El jurado de la feria ees (la gran feria europea de las baterías y los sistemas acumuladores de energía) ya ha seleccionado los productos y soluciones innovadoras que aspiran, como finalistas, al gran premio ees 2021. Independientemente de cuál o cuáles sean las candidaturas ganadoras, la sola inclusión en este exquisito grupo VIP constituye todo un éxito para las empresas. A continuación, los diez finalistas 2021 de los ees Award (ees es una de las cuatro ferias que integran el gran evento anual europeo del sector de la energía, The smarter E).