NexWafe - About the company
NexWafe is a series C company based in Freiburg im Breisgau (Germany), founded in 2015 by Stefan Reber, Roy Segev and Kai Schillinger. It operates as a Manufacturer of solar PV wafers. NexWafe has raised $121M in funding from investors like Aramco Ventures, EIT InnoEnergy and Reliance Industries. The company has 394 active competitors, including 21 funded and 41 that have exited. Its top competitors include companies like Hanwha, Astronergy and Otovo.
Company Details
NexWafe produces and supplies wafers to solar cell producers. The company manufactures these wafers using Kerfless Wafering Technique by which there is less wastage of raw materials and the cost of production is low than regular.
- Website
- nexwafe.com
- Email ID
- *****@nexwafe.com
- Registered Address
- Hans-Bunte-Str. 19, 79108 Freiburg im Breisgau
Key Metrics
Founded Year
2015
Location
Freiburg im Breisgau, Germany
Stage
Series C
Total Funding
$121M in 12 rounds
Latest Funding Round
Investors
Ranked
1st among 394 active competitors
Employee Count
79 as on Feb 28, 2026
Similar Companies
Legal entities associated with NexWafe
NexWafe is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Nexwafe Gmbh CIN: B8536_HRB713117 , Germany, Active | Jun 05, 2015 | - | - |
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NexWafe's funding and investors
NexWafe has raised a total funding of $121M over 12 rounds. Its first funding round was on Jul 13, 2015. Its latest funding round was a Series C round on May 31, 2023 for $*****. 5 investors participated in its latest round. NexWafe has 18 institutional investors and 5 angel investors.
Here is the list of recent funding rounds of NexWafe:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 31, 2023 | 7855859 | Series C | 9795783 | 7948506 | 5644955 | 6696161 |
Jan 31, 2023 | 9633943 | Grant (prize money) | 5613694 | 7672837 | 4160096 | |
Apr 14, 2022 | 1173693 | Series C | 4044724 | 3919202 | 1510617 |
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NexWafe's founders and board of directors
Founder? Claim ProfileThe founders of NexWafe are Stefan Reber, Roy Segev and Kai Schillinger. Karl Friedrich Haarburger is the CEO of NexWafe.
Here are the details of NexWafe's key team members:
- Stefan Reber: Former Co-Founder & MD of NexWafe. They serve on the board of 1 company.
- Roy Segev: Co-Founder of NexWafe.
- Kai Schillinger: Former Co-Founder & Vice President of NexWafe. Contact Info: 1 email address
NexWafe's Board of Directors
NexWafe's board has 2 active members. Stefan Reber is part of team and Davor Sutija is independent board member.Here is the list of NexWafe's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 10y 9m | |
Independent board member | - | Current | 5y 6m |
View details of NexWafe's Founder profiles and Board Members
NexWafe's employee count trend
NexWafe has 79 employees as of Feb 26. Here is NexWafe's employee count trend over the years:
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NexWafe's Competitors and alternates
Top competitors of NexWafe include Hanwha, Astronergy and Otovo. Here is the list of Top 10 competitors of NexWafe, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Manufacturer of solar PV wafers | $121M | 63/100 | ||
2nd | Hanwha 1952, Seoul (South Korea), Public | Manufacturer of solar cells, modules, and other related components | - | 63/100 | |
3rd |  Astronergy 2006, Haining (China), Series C | Manufacturer of solar PV modules | $328M | 58/100 | |
4th | Marketplace for residential solar panels | - | 56/100 | ||
5th | Provider of applied research, technology, and innovation services across multiple sectors | - | 56/100 | ||
6th | Integrated manufacturer of products for renewable energy and transmission lines sectors | - | 54/100 | ||
7th |  Daqo New Energy 2008, Pudong (China), Public | Manufacturer of polysilicon and silicon wafers | $40M | 54/100 | |
8th | Ubiquity Solar 2011, Ontario (United States), Series B | Solar PV technology leader delivering advanced solutions for power generation and aerospace | $382K | 53/100 | |
9th | Provider of solar photovoltaic module components | - | 52/100 | ||
10th | Manufacturer of solar PV modules | $255M | 50/100 |
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NexWafe's Investments and acquisitions
NexWafe has made no investments or acquisitions yet.
Reports related to NexWafe
Here is the latest report on NexWafe's sector:
News related to NexWafe
Filter this listMedia has covered NexWafe for a total of 2 events in the last 1 year, 1 of them has been about company updates.
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NexWafe, Talon outline wafer supply deal to back US solar cell productionRenewables Now•Feb 19, 2026•TALON, NexWafe
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NexWafe Ventures into the US Market, Bringing Solar Wafer Production Back HomeSolarQuarter•Jan 30, 2024•NexWafe
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Germany’s NexWafe secures $32 million for solar wafer productionRenewable Energy Magazine•Jun 07, 2023•NexWafe, Reliance Industries, Aramco Ventures, Athos Capital and 1 other
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NexWafe working on technology development after closing Series C funding roundPV-Tech•Apr 19, 2022•NexWafe, Reliance Industries, Ecosummit, EIT InnoEnergy and 2 others
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Reliance boosts green energy push with two more dealsDeccan Herald•Oct 13, 2021•Reliance Industries, NexWafe, Stiesdal, Reliance Power
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Reliance New Energy Solar to Invest in NexWafe as Strategic Lead InvestorSMEStreet.in•Oct 13, 2021•Reliance Power, NexWafe, Reliance Industries
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