Freiburg/Berlin, 10 March 2026 – ADVANT Beiten has provided comprehensive legal advice to the deep tech start-up Telura during a successful pre-seed funding round. The funding round, worth around EUR 4 million (approx. USD 5 million), was led by the Berlin-based deep tech investor Nucleus Capital. Other investors include Possible Ventures from Munich and First Momentum Ventures from Karlsruhe.
Founded in 2025 by Philipp Engelkamp and Andrew Welling and headquartered in Munich, the company is developing a novel, next generation drilling system for accessing deep geothermal resources. The company’s objective is to make geothermal energy more accessible, affordable and safer as a reliable renewable energy source.
The funds raised will be used primarily to further develop the technology, expand the team, launch initial pilot projects and prepare for market entry.
ADVANT Beiten provided Telura with comprehensive advice on the structuring and execution of the funding round.
Advisors to Telura:
ADVANT Beiten: Christian Burmeister (in charge, Corporate/M&A, Freiburg and Berlin), Julius Bauer (Corporate/M&A, Freiburg)
Media Contact
Frauke Reuther
Manager Kommunikation
ADVANT Beiten
+49 (69) 75 60 95 - 570
frauke.reuther@advant-beiten.com
