Reverion has closed a Series B funding round of US$175 million to scale production of its carbon-negative power plants. The round was led by Kembara, with participation from new investors Allianz, KfW Capital, Aurum Impact, and Carbon Equity, alongside existing backers such as Extantia and Energy Impact Partners. The company will invest the majority of the capital in a new German production site and expects to add up to 800 jobs.
Fixing Intermittency with Carbon-Negative Power
Solar and wind generation remain limited by intermittency, leaving grids and heavy industry dependent on fossil fuel backup. Reverion addresses this gap with solid oxide fuel cell technology that converts gas into electricity electrochemically, without combustion, while capturing pure biogenic CO2. The systems operate at an electrical efficiency of 74.2% in live customer operation, nearly double that of conventional generators, and can run in reverse to store surplus electricity as gas.
How the Technology Works
In fuel cell mode, the units electrochemically convert renewable gas into electricity and capture CO2 in pure form for reuse or permanent storage. When fueled by renewable natural gas, the captured CO2 is biogenic, making the plant carbon-negative in operation. The same system also runs in reverse as an electrolyzer, converting surplus electricity into storable gases and giving operators flexibility across power and gas markets.
Meeting Data Center Power Demand
Energy-intensive data centers are facing severe grid connection delays and growing environmental scrutiny. Reverion provides an on-site power solution using local gas infrastructure, allowing operators to bypass grid bottlenecks and secure continuous firm power. This approach can turn energy-hungry infrastructure into a carbon-neutral or carbon-negative asset while shielding it from electricity market price volatility.
Leadership Perspective
Stephan Herrmann, CEO and co-founder, said solar and wind provide clean energy only when weather cooperates, and the world needs clean power on tap. He explained that the Series B lays the foundation for industrial mass production and a dispatchable, carbon-negative engine. The financing also allows the company to scale its product into the megawatt class and open entirely new markets.
Manufacturing Expansion and Commercial Pipeline
The company will invest most of the Series B capital in a new German megafactory designed to increase annual manufacturing capacity tenfold to 250 megawatts. Reverion reports a commercial project pipeline exceeding US$2 billion in revenue potential and currently operates 7 plants at customer sites. The headquarters team has grown from 100 to more than 200 employees, the new facility is expected to add up to 800 further positions, and first international projects are scheduled for delivery later this year.
Investor Confidence
According to Robert Trezona, Climate Lead at Kembara, Mundi Ventures' European scale-up fund, solid oxide fuel cells are the most efficient way to convert gas into electricity, and Reverion sets the global benchmark. He notes that hyperscalers require massive, reliable power but cannot compromise on climate commitments. The fund views Reverion's negative carbon footprint as important as its efficiency in the data center growth market.
With the new funding, Reverion is positioned to scale its dispatchable, carbon-negative technology from early commercial operation to industrial mass production. The investment addresses both grid reliability and the rapid power needs of AI-driven infrastructure. By expanding manufacturing capacity and international deliveries, the company aims to help grids and heavy industry operate on clean power around the clock.