Lugano-based Gaia Turbine introduced the profitable completion of a brand new €1.15 million funding spherical for the event of its hydroelectric micro and mini-turbine – this follows the launch of its first pilot venture in This fall 2024.
The funding spherical included participation from angel buyers and TiVentures SA, which had beforehand invested within the firm.
“This pilot venture is a pivotal second for Gaia Turbine,” stated Franco Tommasini, Co-founder and CTO of Gaia Turbine SA. “We’re each demonstrating the effectiveness of our know-how in n operational surroundings and we’re making ready to take it to a bigger scale due to the boldness of our buyers and business companions.”
Gaia Turbine SA was established in 2020 by Calogero Amato (CEO) and Franco Tommasini (CTO) in an effort to develop a plug-and-play hydroelectric micro & mini-turbine, best for aqueducts and minimal important flows, reportedly with greater than 90% effectivity.
This newest funding marks a major step ahead in Gaia Turbine’s development technique, following the launch of its first pilot venture in December 2024 at AMB (Azienda Multiservizi Bellinzona).
The startup’s plug-and-play hydroelectric turbine has been linked to the facility grid, the place it’s efficiently demonstrating its efficiency below real-world and variable working situations.
With the extra capital, Gaia Turbine is accelerating its improvement actions, with a transparent concentrate on scaling its market presence and advancing towards full industrialisation.
The corporate is at present evaluating potential websites for its subsequent pilot set up, which can additional validate the turbine’s flexibility and effectivity in new utility eventualities, similar to water provide networks.
Moreover, the Gaia Turbine staff is strengthening ties with business and industrial companions, each in Switzerland and internationally, to foster strategic collaborations and lay the foundations for large-scale deployment of its know-how.
Not too long ago, the corporate additionally introduced the launch of a strategic enterprise examine in collaboration with Scholar Impression, a distinguished affiliation that brings collectively gifted college students from the College of St.Gallen, famous for its experience in sustainable enterprise practices.
This initiative merges Scholar Impression’s perspective with Gaia Turbine’s “dedication to innovation within the hydropower sector“, aiming to discover new methods for enhancing sustainability and enterprise development.
