# Tau secures €4.5M Series A from ALTANA Group

Tau, an e-mobility and advanced materials venture, secured a €4.5 million Series A equity investment from the corporate venture arm of ALTANA Group, a German specialty chemicals company.

- Type: Investment
- Announced: 2020-03-03
- Where: Turin, Italy
- Value: $4.95M (4.50M EUR)
- Status: announced
- Products: wire enamelling technologies, DryCycle technology, LILIT technology
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Tau](https://endata.com/companies/45690.md)
- [ALTANA](https://endata.com/companies/2187.md) (investor)

## Sources

- [tretau.group](https://www.tretau.group/post/tau-secures-4-5-million-series-a-funding-from-altana-group), 2020-03-03: "We are excited about welcoming ALTANA Group as an additional investor who shares our vision for the core of e-mobility by achieving the transition of wire coating towards a sustainable process."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.