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Direct & Co-Investments

Goldbeck-backed aurum Impact joins Reverion's $175m Series B as new investor

The Bielefeld investment office joined the round alongside lead investor Kembara and institutional backers Allianz and KfW Capital, according to Family Office Hub.

At a glance

25-second brief
  • Reverion, a German maker of reversible fuel-cell power plants, has raised a $175 million Series B led by Kembara, with aurum Impact as a new investor, according to Family Office Hub.

  • aurum Impact is the investment office backed by the family behind GOLDBECK, the European construction group.

  • Reverion reports seven commercial plants in regular operation at customer sites, unit output upgraded to 500 kW, and a commercial pipeline of more than $2 billion in revenue potential.

Reverion, a German maker of reversible fuel-cell power plants, has raised a $175 million Series B led by Kembara, with aurum Impact as a new investor, according to Family Office Hub. The same report lists Allianz and KfW Capital as participants in the round.

aurum Impact is the investment office backed by the family behind GOLDBECK, the European construction group. Aurum Impact Invest GmbH is registered in Bielefeld at Ummelner Straße 4-6 under HRB 44444. Its imprint lists Jan-Hendrik Goldbeck and Jörg-Uwe Goldbeck among its managing persons. The office's about page says it is backed by the family behind GOLDBECK, founded in 1969 and based in Bielefeld, alongside GOLDBECK SOLAR. Jan-Hendrik and Jörg-Uwe Goldbeck lead the GOLDBECK Group in the second generation; Joachim Goldbeck leads GOLDBECK SOLAR. The office describes its capital as patient, flexible and impact-focused, with longer investment horizons than a conventional fund.

Reverion reports seven commercial plants in regular operation at customer sites, unit output upgraded to 500 kW, and a commercial pipeline of more than $2 billion in revenue potential. The company was founded in 2022 by Stephan Herrmann and Felix Fischer and is based in Eresing, near Munich; headcount is above 200, double a year earlier. In live customer operation, it reports measured electrical efficiency of 74.2%, which it describes as roughly double a conventional generator. The plants also run in reverse to turn surplus electricity into storable gas and capture high-purity carbon dioxide while generating. Reverion describes the process as carbon-negative rather than low-carbon. Reverion was nominated for the German Future Prize in September 2026 and has a large-volume fuel-cell supply partnership with Doosan Fuel Cell.

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