{"id":16685,"date":"2016-11-28T09:55:59","date_gmt":"2016-11-28T08:55:59","guid":{"rendered":"http:\/\/cms.munich-startup.net\/?p=16685"},"modified":"2016-11-28T09:56:00","modified_gmt":"2016-11-28T08:56:00","slug":"fresh-capital-for-theva-gmbh","status":"publish","type":"post","link":"https:\/\/cms.munich-startup.net\/en\/16685\/fresh-capital-for-theva-gmbh\/","title":{"rendered":"Fresh capital for THEVA GmbH"},"content":{"rendered":"<div class=\"entry-content\"><p><strong>BayBG is investing in the production of superconductors, or more precisely, in THEVA GmbH. The company raised a total of 6.4 million euros in its current financing round. Fresh capital that will be used for the further development of superconductors.<\/strong><\/p>\n<p>Superconductors are high-performance cables used in the power industry, drive and magnet technology, and manufacturing. A key advantage is their high efficiency and virtually loss-free power transmission over long distances when the cables are sufficiently cooled to minus 198 degrees Celsius.<\/p>\n<h3>Goal: Reduce costs for superconductors through series production<\/h3>\n<p>Sounds good, but there is currently far too little material on the market at competitive prices. The aim of <a href=\"http:\/\/theva.de\/\">THEVA<\/a> The aim is therefore to reduce the costs of superconductors to the level of copper through series production in order to supply the market with sufficient material.<\/p>\n<p>Superconductors have so far been used in pilot projects in the public power grid or in industrial plants, among other applications. Experts expect a growing number of pilot installations using superconductors in the coming years.<\/p>\n<h3>BayBG sees great potential<\/h3>\n<p>Also the<a href=\"http:\/\/www.baybg.de\/\"> BayBG Bavarian Investment Company<\/a> focuses on the future trend:<\/p>\n<blockquote><p>&quot;We already recognized the potential of superconductors in 2012 and therefore invested in THEVA D\u00fcnnschichttechnik GmbH, Ismaning. BayBG, together with eCapital, the Bavarian growth fund managed by Bayern Kapital, and Target Partners, has also continued to participate in the current financing round totaling \u20ac6.4 million,&quot;<\/p><\/blockquote>\n<p>said Peter Pauli, Managing Director of BayBG.<\/p>\n<p>THEVA will invest the fresh capital in the further development and expansion of superconductor production.<\/p>\n<blockquote><p>&quot;Currently, THEVA is the only German company capable of mass-producing superconductors. We have developed our own patented process for this purpose, which, combined with our own modular production facilities, gives us a real competitive advantage,&quot;<\/p><\/blockquote>\n<p>said Dr. Werner Prusseit, Managing Director of THEVA.<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>BayBG is investing in the production of superconductors, or more precisely, in THEVA GmbH. The company raised a total of \u20ac6.4 million in its current financing round. This fresh capital will be used for the further development of superconductors. Superconductors are high-performance cables used in the power industry, drive systems, and...<\/p>","protected":false},"author":24,"featured_media":16686,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1,5635],"tags":[284,2185,2184],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Frisches Kapital f\u00fcr die THEVA GmbH - Munich Startup<\/title>\n<meta name=\"description\" content=\"Die BayBG investiert in den Produzenten von Supraleitern THEVA GmbH. Die aktuelle Finanzierungsrunde umfasst insgesamt 6,4 Millionen Euro.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cms.munich-startup.net\/en\/16685\/fresh-capital-for-theva-gmbh\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Frisches Kapital f\u00fcr die THEVA GmbH - Munich Startup\" \/>\n<meta property=\"og:description\" content=\"Die BayBG investiert in den Produzenten von Supraleitern THEVA GmbH. Die aktuelle Finanzierungsrunde umfasst insgesamt 6,4 Millionen Euro.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cms.munich-startup.net\/en\/16685\/fresh-capital-for-theva-gmbh\/\" \/>\n<meta property=\"og:site_name\" content=\"Munich Startup\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/munichstartup\/\" \/>\n<meta property=\"article:published_time\" content=\"2016-11-28T08:55:59+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2016-11-28T08:56:00+00:00\" \/>\n<meta name=\"author\" content=\"Regina Bruckschl\u00f6gl\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@munich_startup\" \/>\n<meta name=\"twitter:site\" content=\"@munich_startup\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Regina Bruckschl\u00f6gl\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cms.munich-startup.net\/16685\/frisches-kapital-fuer-die-theva-gmbh\/\",\"url\":\"https:\/\/cms.munich-startup.net\/16685\/frisches-kapital-fuer-die-theva-gmbh\/\",\"name\":\"Frisches Kapital f\u00fcr die THEVA GmbH - Munich Startup\",\"isPartOf\":{\"@id\":\"https:\/\/cms.munich-startup.net\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cms.munich-startup.net\/16685\/frisches-kapital-fuer-die-theva-gmbh\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cms.munich-startup.net\/16685\/frisches-kapital-fuer-die-theva-gmbh\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cms.munich-startup.net\/wp-content\/uploads\/2016\/11\/THEVA_Pro-Line_002.jpg\",\"datePublished\":\"2016-11-28T08:55:59+00:00\",\"dateModified\":\"2016-11-28T08:56:00+00:00\",\"author\":{\"@id\":\"https:\/\/cms.munich-startup.net\/#\/schema\/person\/4733256eff8ed883081bf4d616fa784f\"},\"description\":\"Die BayBG investiert in den Produzenten von Supraleitern THEVA GmbH. 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