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Nuventura

Full company profile

uuid0000zs4

Namestring
Nuventura
Legal namestring
Nuventura GmbH
Websiteurl
nuventura.com
Company typeenum
Private
Founded yearint
2017
Descriptiontext

Nuventura GmbH is a Berlin-based electrical engineering company founded in 2017 that develops and manufactures SF6-free gas-insulated switchgear (GIS) for 24 kV and 36 kV medium-voltage primary distribution applications. Its core technology replaces sulfur hexafluoride (SF6), a greenhouse gas with a global warming potential of 23,500 times that of CO2, with pure dry-air insulation combined with vacuum circuit breakers. The product portfolio comprises the Nu1 single-tank system (available in 24 kV and 36 kV variants, up to 2500A rated busbar current, 31.5 kA short-circuit rating) and the Nu2 platform (24 kV, supporting single and double busbar configurations with up to 40 kA short-circuit rating). Both lines carry IEC 62271-200 type certification and additional ANSI/IEEE compliance, and are protected by patents covering the dry-air architecture, the outercone connection system, and a solid-insulated busbar design.

Nuventura monetizes its technology through direct sales of complete switchgear panels to utilities and industrial operators, through licensed OEM/panel-builder partnerships that integrate Nuventura core modules or primary panels into partner offerings, and through technical services for specification, commissioning, and maintenance. Pricing is quote-based with multi-year project contracts and a 20-28 week delivery timeline. As of April 2026, Nuventura operates as a wholly owned subsidiary of Lucy Group (parent of Lucy Electric) following a 100% acquisition, with manufacturing in Berlin and Chennai, a 15+ partner distribution network spanning Europe, the Middle East, North America, and Asia-Pacific, and reference customers including Windkraft Simonsfeld, Stockholm Metro, Acciona Energy, Energienetze Steiermark, Enerjisa, Unison Networks, E.DIS, Westnetz, APEX Energy, and H2APEX. The company's strategic positioning is anchored on the EU F-gas regulation that bans SF6 in new medium-voltage switchgear from 2026.

Short descriptiontext

Nuventura GmbH, a Berlin-based electrical equipment manufacturer acquired by Lucy Group in 2026, produces SF6-free dry-air gas-insulated switchgear for 24 kV and 36 kV medium-voltage applications, serving utilities, renewable energy developers, industrial operators, and public infrastructure projects globally.

Operating statusenum
Acquired
Ownership categoryenum
Headcount rangeband
51–100
akta.pro rankint
HeadquartersBerlin, Germany
HQ citystring
Berlin
HQ countrystring
Germany
HQ regionstring
Europe
Markets served

Serves global market

Offices3 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
SF6-free switchgear, gas-insulated switchgear, medium-voltage equipment, dry-air insulation, electrical switchgear manufacturing
Industry3 codes
1Switchgear & Switchboards (HV/MV/LV, GIS/AIS)
CodeIMAGAAABPrimaryYes
2Gas-Insulated Switchgear (GIS) & Hybrid Switchgear
CodeEUADACACPrimaryNo
3Circuit Breakers, Disconnectors, Earthing Switches & Switchgear Components
CodeEUADACAHPrimaryNo
NAICS code1 code
  • Switchgear and Switchboard Apparatus Manufacturing335313
SIC code1 code
  • Switchgear & Switchboard Apparatus3613
Product category
Medium-Voltage Gas-Insulated Switchgear
No data
GTM motion4 records

Each record includes

Type, Description, Source

Revenue model5 records
1SF6-free Switchgear Hardware Sales
TypeHardware Sales
Description

Sale of complete SF6-free gas-insulated switchgear products (Nu1 and Nu2 series) for medium-voltage applications. Products are sold directly and through channel partners to utilities, renewable energy projects, and industrial operators.

nuventura.com
2Core Module and Component Sales
TypeHardware Sales
Description

Supply of core modules (tank with breaker and drive) to partner manufacturers for custom integration into their product offerings, enabling higher value chain share for partners.

nuventura.com
3Primary Panel Supply
TypeHardware Sales
Description

Supply of primary panels including enclosure with empty LV compartment to partners (LV panel builders, EPCs, integrators) who customize by adding control and protection systems before delivering to end customers.

nuventura.com
4Licensing and Technology Transfer
TypeLicensing Royalties
Description

Business model builds on licensing technology to manufacturers around the globe, enabling them to produce SF6-free switchgear using Nuventura's patented dry-air GIS technology.

nuventura.com
5Technical Services and Support
TypeProfessional Services
Description

Engineering consultation, specification review, commissioning, maintenance, and testing services for MV switchgear at factory and customer sites.

nuventura.com
Marketing channels6 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels4 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Operations, Supply Chain, Personnel, Technology or R&D, Infrastructure, Marketing or Sales
Pricing details1 tier
1Project-based pricing for SF6-free switchgear with configuration options
ModelUnit PricingBilling cadenceMulti-year contract
Notes

Switchgear products are priced on a per-unit basis with configuration-specific pricing based on voltage level (24 kV or 36 kV), current rating (630A to 2500A), short circuit rating (20 kA to 31.5 kA), and number of panels. Quotes are project-specific and provided within 24 hours of request.

nuventura.com
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Brand1 of 2 records shown
1Nu1
Description

Fully type-tested, SF6-free medium-voltage gas-insulated switchgear (GIS) for indoor primary distribution applications, available in 24 kV and 36 kV versions with dry-air insulation and IEC 62271 certification

nuventura.com
+1 more record
Core offering1 text field

Nuventura manufactures SF6-free gas-insulated switchgear (GIS) for medium-voltage power distribution at 24 kV and 36 kV, sold under the Nu1 and Nu2 product lines. The switchgear uses patented dry-air insulation combined with vacuum circuit breakers as a direct, type-tested replacement for SF6-based GIS, delivered to utilities, grid operators, renewable energy developers, and industrial customers via direct sales and a global partner network.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 6 values shown
  • GWP = 0 for insulation medium vs 23,500 for SF6
+5 more records
Product overview1 text field

Nuventura offers a unified portfolio of SF6-free gas-insulated switchgear (GIS) products for medium-voltage applications. The core offering consists of two product lines: Nu1 for 24 kV and 36 kV primary distribution (single busbar) with up to 2500A rated busbar current and 31.5kA/3s short-circuit rating; and Nu2 for 24 kV applications supporting both single busbar (SBB) and double busbar (DBB) configurations with up to 40kA/3s short-circuit rating. Both products utilize patented dry-air insulation technology with vacuum circuit breakers, fully replacing SF6 greenhouse gas while maintaining IEC 62271-200 certification. The company also offers partnership programs for OEMs and panel builders through primary panels and core modules for custom integration.

Product and service6 records
1Nu1 SF6-free medium-voltage GIS
CategoryMedium-voltage gas-insulated switchgear
Description

Fully type-tested, SF6-free medium-voltage gas-insulated switchgear (GIS) for indoor primary distribution at 24 kV and 36 kV, with dry-air insulation, patented outercone connection system, solid-insulated busbar, and single-tank design. Delivers up to 2500 A rated busbar current and 31.5 kA/3s short-circuit rating. Designed for utilities, grid operators, renewable energy projects, and industrial customers needing a maintenance-free, EU F-gas compliant alternative to SF6 GIS.

2Nu2 SF6-free medium-voltage GIS
CategoryMedium-voltage gas-insulated switchgear
Description

SF6-free medium-voltage gas-insulated switchgear (GIS) for 24 kV primary distribution, available in single busbar (SBB) and double busbar (DBB) configurations. Features inner cone cable terminations, segregated vacuum circuit breaker and disconnector/busbar compartments, and a gas-insulated busbar design. Provides up to 2500 A rated busbar current and 40 kA/3s short-circuit rating for higher-capacity substation applications.

3Primary Panel Supply Program
CategoryChannel partner program / OEM supply
Description

Partnership offering that supplies OEMs, panel builders, EPCs, and integrators with primary panels (enclosure with empty LV compartment) which they customize with their own control and protection systems before delivering to end customers. Targets LV panel builders, EPCs, and system integrators seeking a faster route to a SF6-free MV GIS offering.

4Core Module Integration Program
CategoryChannel partner program / OEM supply
Description

Partnership offering that supplies OEMs and panel builders with the core module (tank with breaker and drive) for integration into their own switchgear product lines, allowing partners to capture higher value-chain share. Aimed at switchgear manufacturers seeking to add a SF6-free primary distribution offering to their portfolio.

5SF6-free GIS Technology Licensing
CategoryTechnology licensing
Description

Licensing and technology transfer of Nuventura's patented SF6-free dry-air GIS technology to switchgear manufacturers worldwide, enabling licensees to manufacture SF6-free medium-voltage switchgear. Offered to OEMs and manufacturers seeking to enter the SF6-free market with Nuventura's underlying technology.

6Technical Services and Support for MV Switchgear
CategoryProfessional services
Description

Engineering consultation, specification review, commissioning, maintenance, and testing services delivered for SF6-free medium-voltage switchgear at factory and customer sites. Provided to utilities, renewable energy developers, and industrial operators purchasing Nu1 or Nu2 equipment.

Scale indicator7 records

Each record includes

Type, Value, Description, Source

Partnership16 partners
Strategic tierFlagshipTypeStrategic or Co-development PartnerAnnounced on2026-04-01
Description

Lucy Group acquired 100% of Nuventura shares in 2024. Nuventura joined Lucy Electric to accelerate global adoption of SF6-free primary switchgear. Acquisition provides access to Lucy Group's global footprint, established customer relationships, and industrial scale for faster technology deployment worldwide.

Strategic tierCoreTypeChannel Partner/ Reseller/ DistributorAnnounced on2025-08-01
Description

Polish provider of technical solutions in power supply systems, automation, and control. Partnership enables Elgór and Hansen to incorporate Nuventura's SF6-free MV GIS into their switchgear offerings, advancing Poland's energy transition.

Strategic tierCoreTypeChannel Partner/ Reseller/ DistributorAnnounced on2024-12-01
Description

Leading switchgear manufacturer based in Saudi Arabia. Partnership brings F-Gas-free GIS technology to the Middle East market, enabling local production and distribution of SF6-free switchgear.

Strategic tierCoreTypeChannel Partner/ Reseller/ DistributorAnnounced on2024-12-01
Description

Montreal-based leader in energy solutions. Partnership brings Nuventura's SF6-free GIS technology to Canadian and U.S. markets, advancing sustainability and innovation across North America's energy sector.

Strategic tierCoreTypeChannel Partner/ Reseller/ DistributorAnnounced on2024-11-01
Description

Partnership unites Nuventura's eco-friendly switchgear technology with PMS's expertise in electrical engineering and automation to deliver innovative sustainable solutions in Austria and across Europe.

Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

New Zealand-based partner distributing Nuventura products. Facilitated Unison Networks project installation of 8 panels for New Zealand electricity distribution network.

Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Turkish technology partner. Facilitated Enerjisa project and Stockholm Metro installations. Active in Turkey and Nordic markets.

Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Spanish distribution partner for Nuventura SF6-free switchgear technology.

Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Portuguese partner distributing Nuventura products in the Iberian market.

Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Qatar-based partner distributing Nuventura SF6-free switchgear in the Middle East region.

Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Bangladesh-based partner distributing Nuventura products in South Asian markets.

Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Colombia-based partner distributing Nuventura products in Latin American markets.

Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Austrian partner specializing in electrical engineering and automation. Facilitated Windkraft Simonsfeld project installation.

Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Belgian distribution partner for Nuventura SF6-free switchgear in Western Europe.

Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

German partner hosting KOOPMANN Energietage events. Distributes Nuventura products in German market.

16PMS Elektrotechnik GmbH
Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Austrian partner specializing in electrical engineering solutions. Multiple locations across Austria.

nuventura.com
Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

Global energy management and automation player with AirSeT SF6-free MV switchgear line. Direct competitor with broader portfolio and larger distribution reach than Nuventura.

TypeBroad incumbent
Description

Major incumbent in MV switchgear with blue GIS (SF6-based) and active SF6-free product development. Competes head-to-head across utility and industrial segments where Nuventura sells.

TypeDirect peer
Description

Spanish MV switchgear manufacturer with SF6-free GIS portfolio (ga family). Direct peer targeting similar European utility and renewable energy customers.

TypeDirect peer
Description

Parent company of Nuventura following 2026 acquisition; manufactures MV switchgear products. Now incorporates Nuventura's dry-air GIS into its own portfolio, making it both parent and product-line peer.

TypeEmerging player
Description

Japanese MV switchgear manufacturer developing SF6-free GIS offerings for global markets. Competes in overlapping voltage classes with potential APAC market overlap.

TypeBroad incumbent
Description

Global switchgear and electrification giant offering SF6 and emerging SF6-free GIS portfolios across all voltage classes. Most direct large incumbent competing with Nuventura's 24/36 kV MV GIS.

TypeEmerging player
Description

Korean electrical equipment manufacturer offering MV GIS including SF6-free variants. Competes in adjacent geographies with overlap in industrial and renewable applications.

TypeBroad incumbent
Description

Diversified power management company with MV switchgear portfolio including xGIS SF6-free solution. Competes in utility and industrial applications at overlapping voltage classes.

TypeBroad incumbent
Description

Grid technology specialist offering EconiQ SF6-free GIS portfolio. Direct incumbent competitor with global utility relationships overlapping Nuventura's customer base.

TypeDirect peer
Description

German family-owned MV switchgear manufacturer with SF6 and SF6-free offerings. Competes directly in DACH region where Nuventura has strong channel partner presence.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers10 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment5 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature6 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles8 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries1 record

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

Compliance4 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds7 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors14 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Nuventura

Medium-Voltage Gas-Insulated Switchgearnuventura.com

Nuventura GmbH, a Berlin-based electrical equipment manufacturer acquired by Lucy Group in 2026, produces SF6-free dry-air gas-insulated switchgear for 24 kV and 36 kV medium-voltage applications, serving utilities, renewable energy developers, industrial operators, and public infrastructure projects globally.

What Nuventura does

Nuventura GmbH is a Berlin-based electrical engineering company founded in 2017 that develops and manufactures SF6-free gas-insulated switchgear (GIS) for 24 kV and 36 kV medium-voltage primary distribution applications. Its core technology replaces sulfur hexafluoride (SF6), a greenhouse gas with a global warming potential of 23,500 times that of CO2, with pure dry-air insulation combined with vacuum circuit breakers. The product portfolio comprises the Nu1 single-tank system (available in 24 kV and 36 kV variants, up to 2500A rated busbar current, 31.5 kA short-circuit rating) and the Nu2 platform (24 kV, supporting single and double busbar configurations with up to 40 kA short-circuit rating). Both lines carry IEC 62271-200 type certification and additional ANSI/IEEE compliance, and are protected by patents covering the dry-air architecture, the outercone connection system, and a solid-insulated busbar design.

Nuventura monetizes its technology through direct sales of complete switchgear panels to utilities and industrial operators, through licensed OEM/panel-builder partnerships that integrate Nuventura core modules or primary panels into partner offerings, and through technical services for specification, commissioning, and maintenance. Pricing is quote-based with multi-year project contracts and a 20-28 week delivery timeline. As of April 2026, Nuventura operates as a wholly owned subsidiary of Lucy Group (parent of Lucy Electric) following a 100% acquisition, with manufacturing in Berlin and Chennai, a 15+ partner distribution network spanning Europe, the Middle East, North America, and Asia-Pacific, and reference customers including Windkraft Simonsfeld, Stockholm Metro, Acciona Energy, Energienetze Steiermark, Enerjisa, Unison Networks, E.DIS, Westnetz, APEX Energy, and H2APEX. The company's strategic positioning is anchored on the EU F-gas regulation that bans SF6 in new medium-voltage switchgear from 2026.

Nuventura firmographics

Firmographics
Name
Nuventura
Legal name
Nuventura GmbH
Website
https://nuventura.com
Company type
Private
Founded year
2017
Operating status
Acquired
Headcount range
51–100 employees
Short description
Nuventura GmbH, a Berlin-based electrical equipment manufacturer acquired by Lucy Group in 2026, produces SF6-free dry-air gas-insulated switchgear for 24 kV and 36 kV medium-voltage applications, serving utilities, renewable energy developers, industrial operators, and public infrastructure projects globally.
Ownership category
akta.pro rank

Nuventura industry classification

Industry
Product category
Medium-Voltage Gas-Insulated Switchgear
NAICS
Switchgear and Switchboard Apparatus Manufacturing (335313)
SIC
Switchgear & Switchboard Apparatus (3613)
akta.pro primary industry
Switchgear & Switchboards (HV/MV/LV, GIS/AIS) (IMAGAAAB)
akta.pro secondary industries
Gas-Insulated Switchgear (GIS) & Hybrid Switchgear (EUADACAC), Circuit Breakers, Disconnectors, Earthing Switches & Switchgear Components (EUADACAH)

Keywords

  • SF6-free switchgear
  • Gas-insulated switchgear
  • Medium-voltage equipment
  • Dry-air insulation
  • Electrical switchgear manufacturing

Where Nuventura is headquartered

Location

Headquarters

HQ city
Berlin
HQ country
Germany
HQ region
Europe

Offices3 records

Markets served

Nuventura business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Operations, Supply Chain, Personnel, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

  1. SF6-free Switchgear Hardware Sales: Sale of complete SF6-free gas-insulated switchgear products (Nu1 and Nu2 series) for medium-voltage applications. Products are sold directly and through channel partners to utilities, renewable energy projects, and industrial operators.
  2. Core Module and Component Sales: Supply of core modules (tank with breaker and drive) to partner manufacturers for custom integration into their product offerings, enabling higher value chain share for partners.
  3. Primary Panel Supply: Supply of primary panels including enclosure with empty LV compartment to partners (LV panel builders, EPCs, integrators) who customize by adding control and protection systems before delivering to end customers.
  4. Licensing and Technology Transfer: Business model builds on licensing technology to manufacturers around the globe, enabling them to produce SF6-free switchgear using Nuventura's patented dry-air GIS technology.
  5. Technical Services and Support: Engineering consultation, specification review, commissioning, maintenance, and testing services for MV switchgear at factory and customer sites.

Pricing tiers

ModelBillingPrice
Unit PricingMulti-year contractProject-based pricing for SF6-free switchgear with configuration options

Go-to-market motion4 records

Distribution channels4 records

Marketing channels6 records

Nuventura product offering

Product offering

Core offering

Nuventura manufactures SF6-free gas-insulated switchgear (GIS) for medium-voltage power distribution at 24 kV and 36 kV, sold under the Nu1 and Nu2 product lines. The switchgear uses patented dry-air insulation combined with vacuum circuit breakers as a direct, type-tested replacement for SF6-based GIS, delivered to utilities, grid operators, renewable energy developers, and industrial customers via direct sales and a global partner network.

Product overview

Nuventura offers a unified portfolio of SF6-free gas-insulated switchgear (GIS) products for medium-voltage applications. The core offering consists of two product lines: Nu1 for 24 kV and 36 kV primary distribution (single busbar) with up to 2500A rated busbar current and 31.5kA/3s short-circuit rating; and Nu2 for 24 kV applications supporting both single busbar (SBB) and double busbar (DBB) configurations with up to 40kA/3s short-circuit rating. Both products utilize patented dry-air insulation technology with vacuum circuit breakers, fully replacing SF6 greenhouse gas while maintaining IEC 62271-200 certification. The company also offers partnership programs for OEMs and panel builders through primary panels and core modules for custom integration.

Differentiator

Problem solved

Functional benefit

Brands

  • Nu1: Fully type-tested, SF6-free medium-voltage gas-insulated switchgear (GIS) for indoor primary distribution applications, available in 24 kV and 36 kV versions with dry-air insulation and IEC 62271 certification
  • Nu2

Products and services

  • Nu1 SF6-free medium-voltage GIS Fully type-tested, SF6-free medium-voltage gas-insulated switchgear (GIS) for indoor primary distribution at 24 kV and 36 kV, with dry-air insulation, patented outercone connection system, solid-insulated busbar, and single-tank design. Delivers up to 2500 A rated busbar current and 31.5 kA/3s short-circuit rating. Designed for utilities, grid operators, renewable energy projects, and industrial customers needing a maintenance-free, EU F-gas compliant alternative to SF6 GIS.
  • Nu2 SF6-free medium-voltage GIS SF6-free medium-voltage gas-insulated switchgear (GIS) for 24 kV primary distribution, available in single busbar (SBB) and double busbar (DBB) configurations. Features inner cone cable terminations, segregated vacuum circuit breaker and disconnector/busbar compartments, and a gas-insulated busbar design. Provides up to 2500 A rated busbar current and 40 kA/3s short-circuit rating for higher-capacity substation applications.
  • Primary Panel Supply Program Partnership offering that supplies OEMs, panel builders, EPCs, and integrators with primary panels (enclosure with empty LV compartment) which they customize with their own control and protection systems before delivering to end customers. Targets LV panel builders, EPCs, and system integrators seeking a faster route to a SF6-free MV GIS offering.
  • Core Module Integration Program Partnership offering that supplies OEMs and panel builders with the core module (tank with breaker and drive) for integration into their own switchgear product lines, allowing partners to capture higher value-chain share. Aimed at switchgear manufacturers seeking to add a SF6-free primary distribution offering to their portfolio.
  • SF6-free GIS Technology Licensing Licensing and technology transfer of Nuventura's patented SF6-free dry-air GIS technology to switchgear manufacturers worldwide, enabling licensees to manufacture SF6-free medium-voltage switchgear. Offered to OEMs and manufacturers seeking to enter the SF6-free market with Nuventura's underlying technology.
  • Technical Services and Support for MV Switchgear Engineering consultation, specification review, commissioning, maintenance, and testing services delivered for SF6-free medium-voltage switchgear at factory and customer sites. Provided to utilities, renewable energy developers, and industrial operators purchasing Nu1 or Nu2 equipment.

Quantifiable outcome

  • GWP = 0 for insulation medium vs 23,500 for SF6
  • +5 more outcomes

Companies that use Nuventura

Customer profile

Named customers10 records

Segments5 records

Ideal customer profiles3 records

Nuventura technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature6 records

Nuventura partnerships and signals

Strategic signal

Partnerships

16 partnerships are on record, tiered flagship and core.

  • Lucy Group / Lucy ElectricflagshipStrategic or Co-development Partner · 1 April 2026Lucy Group acquired 100% of Nuventura shares in 2024. Nuventura joined Lucy Electric to accelerate global adoption of SF6-free primary switchgear. Acquisition provides access to Lucy Group's global footprint, established customer relationships, and industrial scale for faster technology deployment worldwide.
  • Elgór and HansencoreChannel Partner/ Reseller/ Distributor · 1 August 2025Polish provider of technical solutions in power supply systems, automation, and control. Partnership enables Elgór and Hansen to incorporate Nuventura's SF6-free MV GIS into their switchgear offerings, advancing Poland's energy transition.
  • WESCOSA (Wahah Electric Supply Company of Saudi Arabia Ltd.)coreChannel Partner/ Reseller/ Distributor · 1 December 2024Leading switchgear manufacturer based in Saudi Arabia. Partnership brings F-Gas-free GIS technology to the Middle East market, enabling local production and distribution of SF6-free switchgear.
  • CO7 Technologies Inc.coreChannel Partner/ Reseller/ Distributor · 1 December 2024Montreal-based leader in energy solutions. Partnership brings Nuventura's SF6-free GIS technology to Canadian and U.S. markets, advancing sustainability and innovation across North America's energy sector.
  • PMS GroupcoreChannel Partner/ Reseller/ Distributor · 1 November 2024Partnership unites Nuventura's eco-friendly switchgear technology with PMS's expertise in electrical engineering and automation to deliver innovative sustainable solutions in Austria and across Europe.
  • RPS Switchgear LTDcoreChannel Partner/ Reseller/ DistributorNew Zealand-based partner distributing Nuventura products. Facilitated Unison Networks project installation of 8 panels for New Zealand electricity distribution network.
  • Aktif ElektroteknikcoreChannel Partner/ Reseller/ DistributorTurkish technology partner. Facilitated Enerjisa project and Stockholm Metro installations. Active in Turkey and Nordic markets.
  • IberapacoreChannel Partner/ Reseller/ DistributorSpanish distribution partner for Nuventura SF6-free switchgear technology.
  • Jayme da CostacoreChannel Partner/ Reseller/ DistributorPortuguese partner distributing Nuventura products in the Iberian market.
  • Q-Tec SwitchgearcoreChannel Partner/ Reseller/ DistributorQatar-based partner distributing Nuventura SF6-free switchgear in the Middle East region.
  • Adex GroupcoreChannel Partner/ Reseller/ DistributorBangladesh-based partner distributing Nuventura products in South Asian markets.
  • ThermochillcoreChannel Partner/ Reseller/ DistributorColombia-based partner distributing Nuventura products in Latin American markets.
  • C-Team EnergietechnikcoreChannel Partner/ Reseller/ DistributorAustrian partner specializing in electrical engineering and automation. Facilitated Windkraft Simonsfeld project installation.
  • Switch Gear CompanycoreChannel Partner/ Reseller/ DistributorBelgian distribution partner for Nuventura SF6-free switchgear in Western Europe.
  • Koopmann Energie- und ElektrotechnikcoreChannel Partner/ Reseller/ DistributorGerman partner hosting KOOPMANN Energietage events. Distributes Nuventura products in German market.
  • PMS Elektrotechnik GmbHcoreChannel Partner/ Reseller/ DistributorAustrian partner specializing in electrical engineering solutions. Multiple locations across Austria.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Nuventura competitors and assessment

Company assessment

Broad incumbents

  • Schneider Electric: Global energy management and automation player with AirSeT SF6-free MV switchgear line. Direct competitor with broader portfolio and larger distribution reach than Nuventura.
  • Siemens Energy: Major incumbent in MV switchgear with blue GIS (SF6-based) and active SF6-free product development. Competes head-to-head across utility and industrial segments where Nuventura sells.
  • ABB: Global switchgear and electrification giant offering SF6 and emerging SF6-free GIS portfolios across all voltage classes. Most direct large incumbent competing with Nuventura's 24/36 kV MV GIS.
  • Eaton: Diversified power management company with MV switchgear portfolio including xGIS SF6-free solution. Competes in utility and industrial applications at overlapping voltage classes.
  • Hitachi Energy: Grid technology specialist offering EconiQ SF6-free GIS portfolio. Direct incumbent competitor with global utility relationships overlapping Nuventura's customer base.

Direct peers

  • Ormazabal: Spanish MV switchgear manufacturer with SF6-free GIS portfolio (ga family). Direct peer targeting similar European utility and renewable energy customers.
  • Lucy Electric: Parent company of Nuventura following 2026 acquisition; manufactures MV switchgear products. Now incorporates Nuventura's dry-air GIS into its own portfolio, making it both parent and product-line peer.
  • Driescher: German family-owned MV switchgear manufacturer with SF6 and SF6-free offerings. Competes directly in DACH region where Nuventura has strong channel partner presence.

Emerging players

  • Toshiba Energy Systems: Japanese MV switchgear manufacturer developing SF6-free GIS offerings for global markets. Competes in overlapping voltage classes with potential APAC market overlap.
  • LS Electric: Korean electrical equipment manufacturer offering MV GIS including SF6-free variants. Competes in adjacent geographies with overlap in industrial and renewable applications.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Nuventura compliance and trust

Trust signal

Compliance4 records

Nuventura financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Nuventura leadership team

Management profile

Number of profiles

Profiles8 records

Nuventura subsidiaries and ownership

Company hierarchy

Subsidiaries1 record

Nuventura funding detail

Funding detail

Funding overview

Funding rounds7 records

Investors14 records

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Nuventura M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Nuventura

What does Nuventura do?

Nuventura manufactures SF6-free gas-insulated switchgear (GIS) for medium-voltage power distribution at 24 kV and 36 kV, sold under the Nu1 and Nu2 product lines. The switchgear uses patented dry-air insulation combined with vacuum circuit breakers as a direct, type-tested replacement for SF6-based GIS, delivered to utilities, grid operators, renewable energy developers, and industrial customers via direct sales and a global partner network.

Is Nuventura a public or private company?

Nuventura is a private company. It is classified as corporate owned and is currently acquired.

When was Nuventura founded?

Nuventura was founded in 2017. It employs 51 to 100 people.

Where is Nuventura based?

Nuventura is headquartered in Berlin, Germany, in the Europe region.

How does Nuventura make money?

Five revenue lines are on record. SF6-free Switchgear Hardware Sales are the primary driver. The others are core Module and Component Sales, primary Panel Supply, licensing and Technology Transfer and technical Services and Support.

Who are Nuventura's main competitors?

Broad incumbents on record are Schneider Electric, Siemens Energy, ABB, Eaton and Hitachi Energy. Direct peers are Ormazabal, Lucy Electric and Driescher. Emerging players are Toshiba Energy Systems and LS Electric.

Does Nuventura have an API?

No public API is recorded for Nuventura.

What industry is Nuventura in?

Nuventura's product category is Medium-Voltage Gas-Insulated Switchgear. Its primary akta.pro industry code is IMAGAAAB, Switchgear & Switchboards (HV/MV/LV, GIS/AIS), with a secondary code of EUADACAC, Gas-Insulated Switchgear (GIS) & Hybrid Switchgear. Its NAICS code is 335313 and its SIC code is 3613.

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Live signals
EU-StartupsBerlin-based Nuventura acquired by Lucy Group to scale SF₆-free switchgear globallyLucy Group has completed the acquisition of Berlin-based Nuventura, a startup specialising in SF₆-free medium-voltage switchgear technology, with Nuventura joining Lucy Electric under the parent company's portfolio. The deal enables Nuventura to leverage Lucy Electric's global footprint, manufacturing operations across six continents, and established customer relationships to scale deployment of its patented dry-air GIS technology worldwide. The acquisition comes as the EU F-gas regulation prepares to ban SF₆, the world's most potent greenhouse gas, in new medium-voltage switchgear up to 24 kV from 2026, driving increasing demand for compliant alternatives.BebeezBerlin-based Nuventura acquired by Lucy Group to scale SF₆-free switchgear globally – BeBeez InternationalLucy Group has completed the acquisition of Berlin-based Nuventura, a startup specializing in SF₆-free medium-voltage switchgear, through its division Lucy Electric. Nuventura, founded in 2017, has developed patented dry-air GIS technology that replaces Sulphur hexafluoride, the world's most potent greenhouse gas, and introduced the world's first 36 kV and 24 kV dry-air switchgear products. The acquisition aims to leverage Lucy Group's global footprint and industrial scale to accelerate deployment of the technology across utilities, renewable energy projects, and industrial applications worldwide, as EU regulations ban SF₆ in new medium-voltage switchgear starting in 2026.InsidermediaLucy Group acquires Germany's NuventuraLucy Group, a power distribution supplier headquartered in Oxfordshire, UK, has acquired Berlin-based Nuventura, which developed the world's first 36kV dry air GIS in 2017 as a sustainable alternative to sulphur hexafluoride (SF6). Nuventura will become part of Lucy Electric, the group's low- and medium-voltage power distribution business unit, extending its expertise into primary switchgear. The deal comes amid new European regulations driving an industry-wide shift toward SF6-free alternatives, with Nuventura also recently developing a 24kV version of its switchgear product for medium voltage applications.LucygroupLucy Group acquires Nuventura GmbHLucy Group completed the acquisition of 100% of the shares in Nuventura GmbH on 2 April 2026, adding the Berlin-based company's SF6-free primary switchgear technology to its portfolio. Nuventura, founded in 2017, pioneered the world's first 36kV dry air Gas Insulated Switchgear and will become part of Lucy Electric, extending its capability into primary switchgear and geographic reach into Continental Europe. The acquisition is driven by EU F-gas regulations banning SF6 in switchgear up to 24kV from January 2026, accelerating the shift to environmentally friendly alternatives in the energy sector.EIN PresswireLucy Group acquires Nuventura GmbH in Germany to expand into primary SF6-free switchgearLucy Group has completed the acquisition of 100% of the shares in Nuventura GmbH, a Berlin-based company founded in 2017 that developed the world's first 36kV dry air GIS and a 24kV version for medium-voltage applications. Nuventura will become part of Lucy Electric, Lucy Group's low- and medium-voltage power distribution business unit, extending its expertise into primary SF6-free switchgear. New regulations coming into force across Europe from 2026 are accelerating the shift away from SF6, a long-standing industry standard for gas insulated switchgear.FinSMEsNuventura Closes €25M Series A FundingNuventura, a Berlin-based provider of SF6-free medium-voltage gas-insulated switchgear technologies, has closed a €25 million Series A funding round. The investment was led by Mirova with participation from new and existing investors, bringing the company's total raised capital to €35 million. Nuventura intends to utilize these funds to expand its product portfolio and develop manufacturing capabilities globally.PR NewswireSustainable switchgear technology firm Nuventura secures €25 million in Series A funding, to accelerate global energy industry's transition away from harmful greenhouse gasesBerlin-based Nuventura has secured €25 million in Series A funding to expand its product portfolio and global manufacturing capabilities for SF6-free switchgear technologies. The investment round was led by Mirova, alongside new investors Forward.one and EIC Accelerator, as well as existing backers including IBB Ventures and Future Energy Ventures. This capital injection brings total investment in the company to over €35 million, supporting its mission to accelerate the energy industry's transition away from harmful greenhouse gases.PR Newswire APACSustainable switchgear technology firm Nuventura secures €25 million in Series A funding, to accelerate global energy industry's transition away from harmful greenhouse gasesBerlin-based Nuventura has secured €25 million in Series A funding to expand its product portfolio and global manufacturing capabilities for SF6-free switchgear technologies. The investment round was led by Mirova, alongside new investors Forward.one and EIC Accelerator, as well as existing backers including IBB Ventures and Future Energy Ventures. This capital injection brings total funding for the company to over €35 million, supporting its mission to accelerate the energy industry's transition away from potent greenhouse gases.Asian Development BankSustainable switchgear technology firm Nuventura secures €25 million in Series A funding, to accelerate global energy industry’s transition away from harmful greenhouse gasesNuventura, a Berlin-based developer of sustainable switchgear technology, has secured €25 million in Series A funding to expand its product portfolio and global manufacturing capabilities. The investment round was led by Mirova alongside new investors Forward.one and EIC Accelerator, as well as existing backers including ADB Ventures and Future Energy Ventures. This capital will support Nuventura's mission to replace sulfur hexafluoride (SF6) with dry air alternatives in the energy industry.IBB VenturesNuventura secures €25 million in Series A fundingNuventura completed a €25 million Series A funding round led by Mirova, with participation from Forward.one and EIC Fund, bringing its total investment to over €35 million. The capital will be utilized to expand the company's product portfolio and manufacturing capabilities globally as it promotes SF6-free switchgear technology. This development positions Nuventura to accelerate the energy industry's transition away from harmful greenhouse gas infrastructure.