Modvion

About

Modvion develops modular wind power towers in composite materials.

Göteborg,Vastra Gotaland,Sweden
1 - 10

Highlights

Details

Last Funding Type: Pre-seed
Last Funding Money Raised: kr5.40M
Industries: CleanTech,Energy,Manufacturing,Renewable Energy,Wind Energy
Founded date: Jan 1, 2015
Number Of Employee: 1 - 10
Operating Status: Active

Modvion is a Swedish/ American Engineering and Industrial Design company developing modular designs in renewable engineered wood product materials to simplify and improve construction logistics.

Their current area of focus is in wind tower technology. Modvion´s patented module technology enables significantly decreased cost, efficient transportation and streamlined installation of towers exceeding 120 m. Ultimately, this results in increased cost efficiency in the harvesting of wind resources.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

4

kr5.40M €71.42K

Modvion has raised a total of kr5.40M €71.42K in funding over 2 rounds. Their latest funding was raised on Feb 18, 2021 from a Series Unknown round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Feb 18, 2021	Series Unknown	—	1	Vestas Ventures	—	Detail
Jan 1, 2019	Grant	€71.42K	1	—	—	Detail
Dec 1, 2018	Pre-seed	kr5.40M	1	—	—	Detail
May 19, 2016	Non-Equity Assistant	—	1	—	—	Detail