Tau Closes €10.25M in Series A Funding
Summary
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. 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.