Yotta Capital Partners has invested €10 million in SAX Power, an innovative energy storage manufacturer in Germany, marking its first direct investment outside France.

Target Company Overview

Yotta Capital Partners has successfully led a €10 million financing round for SAX Power, an innovative energy storage solution manufacturer based in Erbach, Germany, near Ulm. This marks Yotta's first direct investment outside of France, facilitated through its Yotta Growth Industry fund. With this strategic investment, Yotta demonstrates its commitment to supporting technologically advanced industrial players across Europe with global ambitions. The deal was conducted with the backing of Caisse d’Epargne ULM.

SAX Power is at the forefront of deep tech solutions for the energy transition. Their patented battery technology offers domestic storage solutions with impressive efficiency, boasting a 99% conversion rate compared to the 90-95% typical of conventional systems. SAX Power's unique storage system generates direct alternating current from battery cells without the need for downstream inverters, setting it apart in the energy storage market.

Industry Overview in Germany

Germany is a global leader in renewable energy, with a strong emphasis on transitioning from fossil fuels to sustainable energy sources. The country's commitment to reducing carbon emissions has driven significant investment and innovation in en