Germany · 
Who invested in NexWafe?
NexWafe's investors include EIT InnoEnergy, Aramco Ventures, Athos Capital, Fraunhofer Venture and Lynwood, and 1 more on record.
20152017201920212023
?Seed$9.4MRound$32MSeries D
Germany · Series D startup
Who invested in NexWafe
Funding summaryUpdated 26 Oct 2026
$42Mraised across 3 rounds since 2015, from 3 sources
$9.4MRound$32MSeries D
- Latest round
- Series D, $32MMay 2023
- Step-upi
- 3.4×
- Investors
- 6
The funding story
Each circle is a round, placed by date and sized by amount. The line above is the running total.
- First round
- Seed Jul 2015
- Biggest round
- $32M Series D · May 2023
- Usual gap between rounds
- 5.4 years the median of 2
The rounds
- May 2023
- Dec 2017
- Jul 2015
Founders and team
From NexWafe's own website: 4 on the team.
- André SeemaierCo-CEO and CFO
- Dr. Davor Sutija PhDCo-CEO and CTO
- Marina GroenbergCEO at Hemma Group AG
- Sanjay MashruwalaPresident at Reliance Industries Limited
AdvisersDaniel KolbProf. Dr. Andreas Bett
Who was in which round
The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.
Seed2015Round2017Series D2023
EIT InnoEnergy
Aramco Ventures
Athos Capital
Fraunhofer VentureLynwoodSaudi Aramco Energy Ventures/ Green Gateway
EIT InnoEnergyAramco VenturesAthos CapitalFraunhofer VentureLynwoodSaudi Aramco Energy Ventures/ Green GatewayEveryone who backed them
Lynwoodno record of our own yet1round
Saudi Aramco Energy Ventures/ Green Gatewayno record of our own yet1round
Missing a round, or an investor who was in one? Tell us.
Also claim to have backed them
These 2 firms list NexWafe as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.
Quick answers about NexWafe
How much has NexWafe raised?
NexWafe has raised $42M across 3 rounds since 2015. One round did not disclose an amount, so the total is a floor.
When did NexWafe last raise?
NexWafe's most recent round was a Series D of $32M in May 2023.
What was NexWafe's biggest round?
Its most recent round, $32M in May 2023, is also its largest on record.
Who backed NexWafe first?
NexWafe's first round on record, in Jul 2015, was backed by Fraunhofer Venture.
What stage is NexWafe at?
NexWafe's latest named round is a Series D, in May 2023.
Where is NexWafe based?
NexWafe is based in Germany.
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