Lugano Gaia turbine Its hydropower has announced the successful completion of a new € 1.15 million fund for the development of the hydropower micro and mini-turbine-it follows its first pilot project in Q4 2024.
The Fund Round included the participation of Angel Investors and TVenchers SA, which had previously invested in the company.
“This pilot project is an important moment for the Gaia turbine“Said Franco TomasiniGaia Turbine SA co-founder and CTO. “We both show the effectiveness of our technology in N operational environment and we are preparing to take it to the greater size for our investors and industrial partners’ confidenceThe “
Gaia Turbine SA was founded by Calogero Amato (CEO) and Franco Tomassini (CTO) in 2021, so that the plug-and-play hydro electric micro and mini-turbines are ideal for aquatic and minimum important flow, more than 90% efficient.
This latest financing has taken an important step in the Gaia Turbine’s growth strategy after the first pilot project at AMB (Azinda MultivGi Belinzona) in December 2024.
Startup plug-end-play hydroelectric turbine is connected to the power grid, where it is successfully displaying its effectiveness under real-world and variable operating conditions.
With additional capital, the Guaya turbine is accelerating its development activities, the presence of its market focuses on scaling and moving towards complete industrialization.
The company is currently evaluating potential sites for its next pilot installation, which will further legalize the flexibility and skills of turbine in new applications such as water supply networks.
Furthermore, both Switzerland and internationally are strengthening ties with commercial and industrial partners, to increase strategic cooperation and lay the foundation for large -scale establishment.
Recently, the company has also announced the launch of a strategic business research in collaboration with Student Impact, which is a prominent company that combines talented students from St. Galen University for skill in sustainable business practice.
This initiative integrates the student’s impact on the guya turbines with the guya turbines ”Hydropower“, Aims to explore new strategies to increase sustainability and business growth.
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