Tau
Date | Investors | Amount | Round |
---|---|---|---|
N/A | $800k | Angel | |
N/A | $2.3m | Angel | |
N/A | $1.6m | Angel | |
€10.3m | Series A | ||
* | €9.0m Valuation: €51.3m | Series B | |
* | €11.0m | Series B | |
Total Funding | AUD58.7m |
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Recent News about Tau
EditTau Group is at the forefront of the electrification industry, specializing in the production of sustainable, solvent-free, high-performance magnet wires. The company serves clients in sectors that are transitioning to electrification, such as automotive, industrial machinery, and renewable energy. Operating in the global market, Tau Group leverages its innovative DryCycle technology to offer a solvent-free enameling process that minimizes carbon footprint and resource usage. This technology not only eliminates CO2 emissions but also provides superior ease of operation, flexibility, and cost efficiency. Tau Group's business model revolves around selling these advanced magnet wires and enameling solutions to manufacturers and industries focused on sustainable practices. Revenue is generated through direct sales of their products and potentially through licensing their proprietary technology. The company's commitment to sustainability and innovation positions it as a key player in the transition from fossil fuels to electricity, aiming to make both the environment and human progress thrive together.
Keywords: sustainable magnet wires, solvent-free, electrification, DryCycle technology, carbon footprint, high-performance, automotive, industrial machinery, renewable energy, innovative solutions.