Europe Funding Updates
Amount
€154.2M
Round
Series B
Announced
September 29, 2026
Market
Industry
Climate / Energy

Funding News · Europe

Reverion raises €154.2M Series B to scale reversible energy power plant manufacturing

Eresing, Germany · Climate / Energy

Reverion is developing reversible solid oxide fuel cell power plants for decentralised energy supply. Its systems generate electricity from gas, can switch into energy storage mode, and can operate in a carbon-negative manner, giving customers a way to combine power generation with flexible storage.

The Eresing, Germany-based company has raised €154.2 million in a Series B led by Kembara, Mundi Ventures’ €1 billion deeptech and climate fund. Allianz, KfW Capital, Aurum Impact, and Carbon Equity joined existing backers including Carbon Equity, Extantia, Energy Impact Partners, UVC Partners, the European Innovation Council Fund, alfa8, and Possible Ventures.

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Reverion was founded by Stephan Herrmann, Felix Fischer, Jeremias Weinrich, Maximilian Hauck, and Luis Poblotzki. Seven of its power plants are already operating at customer sites, while the company expects to deliver its first international projects later in the year.

The company will direct most of the funding toward a new megafactory in Germany, increasing annual manufacturing capacity tenfold to 250 megawatts. It also plans to support its commercial project pipeline, add another production site, scale its product into the megawatt class, and create up to 800 positions at the new facility.

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Funding Brief

Amount
€154.2M
Round
Series B
Announced
September 29, 2026
Market
Industry
Climate / Energy

Early-Stage Signals

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