Tau Closes €10.25M in Series A Funding

Tau, a Turin, Italy-, Moscow, Russia- and Berlin, Germany-based tech and sustainable manufacturing company at the core of the electrification of transport and decarbonization of energy, closed €10.25m in Series A funding.

Backers included Finindus and German specialty chemicals company Altana.

The company intends to use the funds to continue to expand operations and its development efforts.

Led by Francesco Taiariol, CEO, Piero Degasperi, CTO, and Daniel Rutz, CDO, Tau is a technology and sustainable manufacturing company that develops high-performance wire combining minimized partial discharge, high filling factors, temperature resistance, high-voltage and frequency optimization to enable global producers of electric motors, cars, buses, trucks and aircraft to double the power output of future traction motors while keeping their size.