Mirova Invests in Tallano Technology Cleantech Company
The cleantech company, which is developing a unique solution for capturing fine particles from the road and rail sectors, welcomes to its capital Mirova, the affiliate of Natixis Investment Managers dedicated to sustainable investing, Bpifrance and Véolia.
Tallano Technology, created in 2012 by Christophe Rocca-Serra, develops an innovative technology that reduces by 85 to 90% one of the main sources of ultra-fine particle emissions in the road and rail sector. With a portfolio of 25 patents in a dozen countries around the world, Tallano has developed a particle suction system called "TAMIC" which is attached directly to the brakes of road or rail vehicles. The reduction performance achieved by Tallano is unrivalled and has already enabled the company to develop various partnerships with several railway operators, including SNCF, car manufacturers and equipment manufacturers in Europe and Asia.
With this first phase of development, and in a European regulatory context conducive to its expansion, Tallano has opened its capital to major players in the environmental transition. The company has thus raised 17.7 million euros from Mirova, Bpifrance, Veolia and several family offices.
The European Commission should soon adopt the future Euro 7 standard that will define the emissions of vehicles marketed from 2025. It should lead to a significant reduction in emission thresholds including ultra-fine particles from braking, which until now have not been covered by any standard. "TAMIC" offers a unique solution for capturing particulate emissions at the source during vehicle braking. The brakes of a new vehicle represent on average 6 times more particles than its engine. Tested in the laboratory and proven in real-life conditions, "TAMIC" consists of an electronic card that activates a turbine during braking and sucks up the particles emitted by the action of the brake pads on the brake disc. It is a universal device that can be adapted to any type of vehicle.
This fundraising will enable the company to accelerate its commercial development with other rail operators around the world and to increase its partnerships in the road transport industry (cars and heavy vehicles).
Mirova, the main investor in this fundraising, is acting through its new private equity strategy dedicated to financing companies providing innovative sustainable solutions and technologies contributing to the environmental transition.
Christophe Rocca-Serra, CEO and founder of Tallano: "This fundraising represents a major milestone in the development of Tallano. It also shows the recognition of the industrial and financial world for the work of Tallano's teams who have been innovating relentlessly for almost 9 years to make "TAMIC" a solution that meets the major challenges of environmental protection and public health. We thank our new partners for their confidence, and we are eager to write with them the next chapter of our history."
Marc Romano, Head of Impact Private Equity at Mirova: “We aim to deploy accelerator capital to support innovative companies that provide a solution to environmental issues. The problem of fine particles is a public health issue that cannot be resolved without technological progress. Finance has a role to play in these innovations by providing funds for their development. We are very pleased to support Tallano in its development.”
For Further Reading:
Mirova
Mirova is an affiliate of Natixis Investment Managers.
Portfolio management company - French Public Limited liability company
Regulated by AMF under n°GP 02-014
RCS Paris n°394 648 216
Registered Office: 59, Avenue Pierre Mendes France – 75013 – Paris.
www.mirova.com
Natixis Investment Managers
Natixis Investment Managers is a subsidiary of Natixis.
Portfolio management company - French Public Limited liability company
RCS Paris n°453 952 681
Registered Office: 43, Avenue Pierre Mendes France – 75013 – Paris.
www.im.natixis.com
This communication is for information only and is intended for investment service providers or other Professional Clients. The analyses and opinions referenced herein represent the subjective views of the author as referenced unless stated otherwise and are subject to change. There can be no assurance that developments will transpire as may be forecasted in this material.
Copyright © 2021 Natixis Investment Managers S.A. – All rights reserved
Tallano Technology, created in 2012 by Christophe Rocca-Serra, develops an innovative technology that reduces by 85 to 90% one of the main sources of ultra-fine particle emissions in the road and rail sector. With a portfolio of 25 patents in a dozen countries around the world, Tallano has developed a particle suction system called "TAMIC" which is attached directly to the brakes of road or rail vehicles. The reduction performance achieved by Tallano is unrivalled and has already enabled the company to develop various partnerships with several railway operators, including SNCF, car manufacturers and equipment manufacturers in Europe and Asia.
With this first phase of development, and in a European regulatory context conducive to its expansion, Tallano has opened its capital to major players in the environmental transition. The company has thus raised 17.7 million euros from Mirova, Bpifrance, Veolia and several family offices.
The European Commission should soon adopt the future Euro 7 standard that will define the emissions of vehicles marketed from 2025. It should lead to a significant reduction in emission thresholds including ultra-fine particles from braking, which until now have not been covered by any standard. "TAMIC" offers a unique solution for capturing particulate emissions at the source during vehicle braking. The brakes of a new vehicle represent on average 6 times more particles than its engine. Tested in the laboratory and proven in real-life conditions, "TAMIC" consists of an electronic card that activates a turbine during braking and sucks up the particles emitted by the action of the brake pads on the brake disc. It is a universal device that can be adapted to any type of vehicle.
This fundraising will enable the company to accelerate its commercial development with other rail operators around the world and to increase its partnerships in the road transport industry (cars and heavy vehicles).
Mirova, the main investor in this fundraising, is acting through its new private equity strategy dedicated to financing companies providing innovative sustainable solutions and technologies contributing to the environmental transition.
Christophe Rocca-Serra, CEO and founder of Tallano: "This fundraising represents a major milestone in the development of Tallano. It also shows the recognition of the industrial and financial world for the work of Tallano's teams who have been innovating relentlessly for almost 9 years to make "TAMIC" a solution that meets the major challenges of environmental protection and public health. We thank our new partners for their confidence, and we are eager to write with them the next chapter of our history."
Marc Romano, Head of Impact Private Equity at Mirova: “We aim to deploy accelerator capital to support innovative companies that provide a solution to environmental issues. The problem of fine particles is a public health issue that cannot be resolved without technological progress. Finance has a role to play in these innovations by providing funds for their development. We are very pleased to support Tallano in its development.”
For Further Reading:
- Mirova Invests in Agronutris to Help Industrialise its Insect-Based Protein Production
- Mirova Invests in the Startup Ombrea to Help Accelerate the Deployment of its Climate Protection Solutions
- Mirova Unveils New Plans for Impact Private Equity
- Making an “Impact” with Private Equity
Mirova is an affiliate of Natixis Investment Managers.
Portfolio management company - French Public Limited liability company
Regulated by AMF under n°GP 02-014
RCS Paris n°394 648 216
Registered Office: 59, Avenue Pierre Mendes France – 75013 – Paris.
www.mirova.com
Natixis Investment Managers
Natixis Investment Managers is a subsidiary of Natixis.
Portfolio management company - French Public Limited liability company
RCS Paris n°453 952 681
Registered Office: 43, Avenue Pierre Mendes France – 75013 – Paris.
www.im.natixis.com
This communication is for information only and is intended for investment service providers or other Professional Clients. The analyses and opinions referenced herein represent the subjective views of the author as referenced unless stated otherwise and are subject to change. There can be no assurance that developments will transpire as may be forecasted in this material.
Copyright © 2021 Natixis Investment Managers S.A. – All rights reserved