Reverion’s plants are incredibly significant within the carbon capture industry as it is Reverion’s plants which capture the CO2 created during power generation, that make it possible to achieve carbon-negative power generation from biogas.

It is Reverion’s patented technology that aids the process of overcoming the limitations that come with conventional technologies that are used for power generation from biogas. These fuel cell-based plants are capable of achieving an estimated 80% efficiency in power generation and this means that the electricity output of gas engines is doubled. Another benefit of these plants is that they have the ability to operate reversibly and they can do this to produce and store renewable gas or green hydrogen. This skill comes in particularly useful in times of electricity surplus, enhancing grid flexibility.

So far, Reverion has already secured more than $100 million in pre-orders and this figure effectively reflects the strong and consistent demand this company has received from customers, in particular farmers and industrials. The reason behind farmers’ interest in Reverion’s technology is due to the way it can double the output of existing biogas plants, whilst simultaneously generating new revenue streams. On the other hand, the industrial customers are so interested in Reverion’s units because the technology is cleverly optimised for deep integration into thermal as well as chemical processes. This means that the technology is capable of providing electricity, heat and a variety of gases when it comes to on-site use.

It is evident that Reverion has a wide and diverse customer base, therefore it highlights how important this funding round is, as it will allow the company to deliver the containerised plug-and-play power plants at scale.

This funding round was led by Energy Impact Partners (EIP) and along with them, the funding round also included Honda and the European Innovation Council Fund (EIC Fund). Existing investors Extantia Capital, UVC Partners, Green Generation Fund, Doral Energy-Tech Ventures, and finally, Possible Ventures also joined the round.

The purpose behind creating this funding round was that it will enable Reverion to start serial production of its power plants and it will also help the company to meet more than $100 million in customer pre-orders collected to date. 

Partner at Energy Impact Partners, Ashwin Shashindranath, commented, “What Reverion has accomplished is nothing short of exceptional and exemplifies the market traction we look for in emerging climate tech companies. Their innovative approach and rapid progress highlight their potential to become leaders in renewable energy not only in Europe but across the globe.” 

CEO and Managing Director at Reverion GmbH, Dr. Stephan Herrmann, added, "Farmers with biogas plants struggle with regulatory retrofit demands and the limitations of traditional technologies. This customer segment is exactly where Reverion is entering the market. The demand for our units has been overwhelming in Germany, and we're not stopping there — we're preparing for a global push with strategies tailored to each region’s regulations. In this financing round, we've selected partners offering capital and crucial expertise in scaling hardware startups and advancing innovative energy technologies. We're excited to onboard top-tier investors from the US and Japan as we grow the company.”