Tau Group has successfully secured an €11 million extension of its Series B funding round, led by CDP Venture Capital and Santander Alternative Investments, to accelerate its production capacity for insulated wires in the electric mobility sector.

Target Information

Tau Group is a leading technology company driving energy transition and decarbonization efforts, specifically focusing on the development of insulated wires for electric motors. Recently, the company successfully completed an €11 million extension of its Series B funding round. This financing was primarily led by CDP Venture Capital and Santander Alternative Investments, through the Santander InnoEnergy Climate Fund, with continued support from existing investors. The strategic funding will support Tau Group's expansion of production capacity in a new facility to meet newly established long-term supply agreements with automotive industry partners.

The proprietary technologies developed by Tau Group optimize sustainable resource-efficient production while ensuring effective electrification performance. The company is dedicated to creating low-carbon protective coatings for high-performance copper, aluminum, and steel wires, positioning itself as a key player in promoting smaller, greener, more durable, and powerful motors, transformers, and generators.

Industry Overview

The energy transition and decarbonization industry is experiencing substantial growth as global demand for sustainable solutions intensifies. In Italy, where Tau Group is based, the automotive sector is undergoing significant