The Danish DeepTech company Subra completed a Series A financing round of 50 million EUR. Investors include Bayern Kapital, Novo Holdings, Maj Invest, and SPRIND. The funding will be used to scale the company's high-temperature superconductor technology, expand production capacities, further develop the technology, and advance a fully integrated European production platform. The article also states that a key part of the growth strategy was the acquisition of THEVA Dünnschichttechnik GmbH in April 2026.
About Subra
Subra is a Danish deep-tech company developing high-temperature superconductor cable technology to reduce energy losses in electricity transmission. Its product, SUBRACABLE, enables more flexible cables and long-length production for energy infrastructure.
Farum, Denmark
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Frequently Asked Questions
What type of funding round did Subra raise?
Subra raised a series-a round.
How much did Subra raise in its series-a?
Subra raised $50,000,000 EUR in its series-a.
When did Subra raise its series-a?
Subra raised its series-a on 2026-07-20.
Who invested in Subra's series-a?
The investors in Subra's series-a are: Bayern Kapital, Novo Holdings, Maj Invest, SPRIND (Federal Agency for Disruptive Innovation, Germany).
What type of investment was Subra's series-a?
Subra's series-a was a equity investment.
How will Subra use the funds from its series-a?
Subra plans to use the funds for: scale high-temperature superconductor technology, build a fully integrated European production platform, expand production capacities, further develop the technology, accelerate industrial production.