Piva Capital led a €118m Series B financing round in INERATEC.

Piva Capital, a venture capital firm, led a €118m Series B financing round in INERATEC, a developer of chemical plants equipped with chemical reactor technology, with participation from HG Ventures, TDK Ventures, Copec WIND Ventures, RockCreek, Emerald, Samsung Ventures, ENGIE New Ventures, Safran Corporate Ventures, and Honda. "With the new capital, we are positioned to catalyze a paradigm shift in the energy sector. Our focus is to scale-up e-Fuels enabled by this new investment. By transforming 1GW of renewable energy into 125 million gallons of sustainable e-Fuel by 2030, we are taking solid steps in creating a viable alternative to fossil fuels,” Tim Boeltken, INERATEC CEO.