Announced
Completed
Financials
Sources
Tags
Acquisition
Venture Capital
Completed
Friendly
clean energy
Electronic Components and Equipment
Private
United Kingdom
Minority
Private Equity
Cross Border
Single Bidder
Synopsis
Altor, a private equity fund focused on investing in and developing medium-sized companies, Kinnevik, a Swedish investment company, and Temasek, an investment company based in Singapore, led a €145 million Series B funding round in Aira, a clean energy-tech solutions company, with participation from Burda family, Collaborative Fund, Creades, Lingotto, Nesta Impact Investments and Statkraft Ventures. “We are thrilled to welcome our new shareholders. Above and beyond the funding, they bring invaluable strategic insights, networks, and expertise. Together, we are committed to spearheading the much-needed green revolution in residential heating,” Martin Lewerth, Aira CEO.
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