Nawa Technologies: The latest figures, news and market research on Nawa Technologies

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Country: France

Technology company specializing in nanotechnologies for energy storage

Kouros' strategy for relaunching Nawa Technologies 25/11/2023

Nawa Technologies was taken over on October 27 by the Kouros fund, which specializes in decarbonization and renewable energy projects.
The Kouros group was already a shareholder in Nawa Technologies following a €13 million fundraising in 2020.
Nawa Technologies raised a total of 35 million euros, including 13 million euros contributed by Kouros.
The Kouros Group comprises two subsidiaries (Hylico Trucks and Carbonloop) and stakes in five other companies (Hysetco, Haffner Energy, Powerhive, Sunna Design and Vertical Aerospace).
The company's workforce will be cut almost in half, from over 60 employees to 36.

Batteries: Nawa Technologies taken over by Kouros fund 31/10/2023

Kouros Lab to take over Nawa Technologies on October 27, 2023
Nawa Technologies has been placed in receivership
Out of 61 employees, 36 will be taken over by Kouros Lab
Alexandre Garese to personally invest 9.5 million euros
A fund-raising of 13 million euros is planned within a year.
The Mulliez family acquired a stake in Nawa Technologies at the beginning of 2022 in an 18.3 million euro financing round.
Nawa Technologies is protected by a dozen patent families.
The battery developed by Nawa Technologies recharges 1,000 times faster and can withstand over a million charge/discharge cycles, giving it a lifespan of almost 20 years.
Two production lines are planned: near Aix-en-Provence by 2025, and in the USA in 2026.
The business plan presented to the court forecasts sales of 29 million euros by that date, doubling by 2028.

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