NAWA Technologies successfully closes third financing round and raises €18.3 million in funding

The current fundraising is based on cooperation with existing and new investors and will enable NAWA to build a new production facility in France. Mass production of NAWACap® ultracapacitors for global markets is scheduled to start there from 2023.

The unique selling point of NAWACap® technology is an electrode made of vertically aligned carbon nanotubes (VACNT) with a very high power density: 12 times more compared to ultracapacitors based on activated carbon and three times more compared to graphene-based ultracapacitors.

Here you can find the press release.