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X1 Wind

55 employees

X1 Wind is a disruptive floating wind technology developer. It has developed and proven its floating wind platform with the potential to make a step-change in offshore wind. The concept is the result of more than 10 years of experience and learning in offshore renewables of the founding team. It has been designed to benefit from the “offshore” environment to drive costs down. The design drivers have been a significant weight reduction compared to current systems, simplified installation with a quick connection system, elimination of unnecessary systems to reduce maintenance and scalability. The company's innovation potential has resulted in the 2nd prize at the Cleantech Camp Contest, and in the recognition of highly renowned organizations such as the Innoenergy's Highway Program and the H2020 SME Instrument.

Investor insights

Funding rounds participated in

$2.9M sweet spot round size

Investor type

Privately Held

Basic info

Industry

Wind Electric Power Generation

Sectors

Wind Electric Power Generation

Date founded

2017

Funding rounds raised

Total raised

$2.9M

from 1 investors over 1 rounds

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X1 Wind raised $2.9M on November 7, 2020

Investors: European Innovation Council

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