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Cologne Startup alteva Raises €1.7M for Lightweight Batteries

1/22/2025

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Summary

Story summary

Cologne startup alteva secured €1.7M in Pre-Seed funding, led by HTGF with contributions from NRW.BANK and angel investors.
Founded in 2023 by Ida Milow and Aiko Bernehed, alteva specializes in ultra-lightweight batteries for transportation.
The company plans to finalize prototype development and begin series production within two to three years.
Their innovative technology utilizes a new carbon material, making batteries three times lighter than existing options.

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Story summary

Cologne startup alteva secured €1.7M in Pre-Seed funding, led by HTGF with contributions from NRW.BANK and angel investors.
Founded in 2023 by Ida Milow and Aiko Bernehed, alteva specializes in ultra-lightweight batteries for transportation.
The company plans to finalize prototype development and begin series production within two to three years.
Their innovative technology utilizes a new carbon material, making batteries three times lighter than existing options.