Nuventura
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.
- Company typePrivate
- Founded2017
- HeadquartersBerlin, Germany
- Headcount51–100
- GTM typeB2B
- OfferingHardware or Manufacturing
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
Where Nuventura is headquartered
LocationHeadquarters
- 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
- 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.
- 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.
- 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.
- 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.
- Technical Services and Support: Engineering consultation, specification review, commissioning, maintenance, and testing services for MV switchgear at factory and customer sites.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Multi-year contract | Project-based pricing for SF6-free switchgear with configuration options |
Go-to-market motion4 records
Distribution channels4 records
Marketing channels6 records
Nuventura product offering
Product offeringCore 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 profileNamed customers10 records
Segments5 records
Ideal customer profiles3 records
Nuventura technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
Nuventura partnerships and signals
Strategic signalPartnerships
16 partnerships are on record, tiered flagship and core.
- Lucy Group / Lucy ElectricflagshipLucy 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 HansencorePolish 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.)coreLeading 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.coreMontreal-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 GroupcorePartnership 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 LTDcoreNew Zealand-based partner distributing Nuventura products. Facilitated Unison Networks project installation of 8 panels for New Zealand electricity distribution network.
- Aktif ElektroteknikcoreTurkish technology partner. Facilitated Enerjisa project and Stockholm Metro installations. Active in Turkey and Nordic markets.
- IberapacoreSpanish distribution partner for Nuventura SF6-free switchgear technology.
- Jayme da CostacorePortuguese partner distributing Nuventura products in the Iberian market.
- Q-Tec SwitchgearcoreQatar-based partner distributing Nuventura SF6-free switchgear in the Middle East region.
- Adex GroupcoreBangladesh-based partner distributing Nuventura products in South Asian markets.
- ThermochillcoreColombia-based partner distributing Nuventura products in Latin American markets.
- C-Team EnergietechnikcoreAustrian partner specializing in electrical engineering and automation. Facilitated Windkraft Simonsfeld project installation.
- Switch Gear CompanycoreBelgian distribution partner for Nuventura SF6-free switchgear in Western Europe.
- Koopmann Energie- und ElektrotechnikcoreGerman partner hosting KOOPMANN Energietage events. Distributes Nuventura products in German market.
- PMS Elektrotechnik GmbHcoreAustrian partner specializing in electrical engineering solutions. Multiple locations across Austria.
Scale indicators7 records
Recent moves6 records
Expansion highlights6 records
Nuventura competitors and assessment
Company assessmentBroad 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 signalCompliance4 records
Nuventura financial estimates
Financial estimateRevenue estimate
Valuation estimate
Nuventura leadership team
Management profileNumber of profiles
Profiles8 records
Nuventura subsidiaries and ownership
Company hierarchySubsidiaries1 record
Nuventura funding detail
Funding detailFunding overview
Funding rounds7 records
Investors14 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Nuventura M&A and investment
M&A and investmentM&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.