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NexWafe logo — NexWafe designs & develops engineered green solar wafer prod...

NexWafe

NexWafe designs & develops engineered green solar wafer production processes making PV more sustainable & efficient.

Founded 2015 Germany Freiburg, Germany 80 employees Total: $92.95M Energy, Industrial +2

General Information

Company Name NexWafe
Founded Year 2015
Location Germany Freiburg, Germany
Founders / Decision Makers
Team member Team member
Employees 80
Industries Energy, Industrial, Manufacturing +1
Business Model B2B
Revenue Model Product Sales, Licensing, Service Fee
Hiring 3 roles posted in the month to 25 Sep 2026
Social

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Recorded by Bounce Watch from public sources. Every entry below carries the date we observed it, and when we have not looked recently the page says so rather than leaving silence to imply nothing happened.

Actively Hiring Sep 23, 2026

Hiring for 3 positions in the last 30 days.

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About NexWafe

NexWafe, founded in 2015 and headquartered in Germany, is a forward-thinking company in the energy, industrial, manufacturing, and renewable energy sectors. The company focuses on revolutionizing the photovoltaic (PV) industry through its engineered green solar wafer production process, enhancing sustainability and efficiency in solar wafer manufacturing.

NexWafe is strategically aligned with partners such as Reliance Industries, cementing its reach and scaling capabilities through a notable India Partnership Agreement. This collaboration underscores its commitment to expanding its technological and market footprint.

With its latest funding involving a $2.51M grant investment from the European Innovation Council in September 2025, NexWafe is well-positioned to drive advancements in sustainable energy solutions, appealing to investors focused on impactful, scalable innovations in the renewable energy landscape.

Business keywords: Green Solar Wafer Production, Sustainable PV Industry, Solar Wafer Engineering, Cost-Effective Solar Wafers, Renewable Energy Innovation, Strategic Partnerships, Solar Manufacturing Solutions, Wafer Manufacturing Process, Solar Cell Compatibility, PV Module Fabrication, Low Carbon Technology, Engineered Solar Solutions, High Quality Solar Components

Services & Products

Development of ultra-thin solar wafers
High-efficiency photovoltaic manufacturing process
Partnerships for wafer supply

Target Customers

Space technology companies Automotive companies Renewable energy providers Photovoltaic manufacturers

Funding Rounds & Investors (14)

View All
Funding Stage Amount Investors Lead Investors Date
Grant $2.51M 1
European Innovation Council
European Innovation Council
01 Sep 2025
Late VC Undisclosed 1
EIT InnoEnergy
EIT InnoEnergy
01 Apr 2025
Late VC €30.00M 5
Aramco Ventures Malcolm Turnbull Reliance Capital
Aramco Ventures, Malcolm Turnbull +3
01 May 2023
Series C €7.00M 1
Ecosummit Ventures Management
01 Apr 2022
Series C €25.00M 1
Reliance New Energy Solar
01 Oct 2021
Series B €10.00M 5
Fraunhofer Venture Aramco Ventures Lynwood Capital Partners
Fraunhofer Venture, Aramco Ventures +3
01 Feb 2021
Grant €2.44M 1
European Innovation Council
European Innovation Council
01 Oct 2020
Early VC Undisclosed -
01 Feb 2019
Round Undisclosed 1
CHEMIEPARK Bitterfeld-Wolfen GmbH
CHEMIEPARK Bitterfeld-Wolfen GmbH
01 Jun 2018
Early VC €8.00M 3
Aramco Ventures Green Gateway Fund Lynwood Capital Partners
Aramco Ventures, Green Gateway Fund +1
01 Dec 2017

View All 14 Funding Rounds

Latest News

View All
Rays of innovation: 10 European startups shaping the future of solar power — Eu-startups
Rays of innovation: 10 European startups shaping the future of solar power
Eu-startups Jun 04, 2024
Germany’s 10 fastest-growing startup teams — Sifted
Germany’s 10 fastest-growing startup teams
Sifted May 06, 2024

NexWafe Alternatives & Competitors

View All Alternatives
NexWafe vs
Oxford PV
Oxford PV United Kingdom

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Series D
110 employees
Energy, Information Technology
Compare NexWafe vs Oxford PV
NexWafe vs
Helion
Helion United States

Building the world's first fusion power plant

Series G
535 employees
ESG, Energy
Compare NexWafe vs Helion
NexWafe vs
Sunfire
Sunfire Germany

A World Without Fossil Fuels

506 employees
Energy, Manufacturing
Also compare with: NexWafe vs Rayleigh Solar Tech Rayleigh Solar Tech View all alternatives

FAQ About NexWafe

NexWafe designs & develops engineered green solar wafer production processes making PV more sustainable & efficient.
NexWafe was founded in 2015.
NexWafe is headquartered in Freiburg, Germany.
NexWafe operates in Energy, Industrial, Manufacturing and Renewable Energy. Its work centres on Green Solar Wafer Production, Sustainable PV Industry, Solar Wafer Engineering and Cost-Effective Solar Wafers. Its customers include Space technology companies, Automotive companies and Renewable energy providers.
NexWafe has a B2B business model. Its revenue comes from Product Sales, Licensing and Service Fee.
NexWafe has approximately 80 employees.
NexWafe has completed 14 funding rounds, raising a total of $92.95M.
NexWafe offers: Development of ultra-thin solar wafers, High-efficiency photovoltaic manufacturing process, Partnerships for wafer supply.
Top alternatives and competitors to NexWafe include Oxford PV, Helion, Sunfire, NorSun, 浙江瑞能新能源有限公司. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
NexWafe and Oxford PV are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for NexWafe, https://bouncewatch.com/company/nexwafe, updated 25 September 2026. When citing, please name BounceWatch and link this page.

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