It is called Tau, it is a Turin start-up in electric mobility and advanced materials and it collected 6.75 million Euros of funding for its innovative wire for electric motors, with the target of developing and implementing state-of-the-art technologies starting from 2022, able to accelerate the transition to the Factory of the Future for e-mobility chain manufacturers.
The round involved a variety of international investors, including a consortium of two Middle-Eastern sovereign wealth funds, the Russian Direct Investment Fund (RDIF) and a German investment manager.
The start-up is specialized in wires and components for electric motors, with applications in the automotive, energy and agriculture sectors, and it has developed the DryCycle technology, which defines a new standard of wire coating. Through the strict use of solvent-free polymers, the solution eliminates the release of noxious VOC and greenhouse gases, whereas a simplified production process minimizes the use of resources, decreasing the energy consumption and wastes. LILIT technology by Tau provides the quality control to assure the reliability of the polymeric insulation in the magnetic wire and in electric steel.
The vision of Tau consists in doubling the power of electric motors in a determinate size and the funds of the recent capital increase will be used precisely to accelerate the development of new products, to enlarge the range of high-performance wires and to increase the industrial production, to provide global manufacturers of electrical cars, buses, trucks, aircrafts and ships starting from the beginning of 2022.

LEAVE A REPLY

Please enter your comment!
Please enter your name here