About Hexicon
Hexicon is a company based in Stockholm (Sweden) founded in 2009.. Hexicon has raised $12.09 million across 3 funding rounds. Hexicon offers products and services including TwinWind Technology. Hexicon operates in a competitive market with competitors including Arise, Eolus, Landinfra Energy, W3 Energy and Rope Access, among others.
- Headquarter Stockholm, Sweden
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Sectors
Energy & Utilities
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Email
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Phone
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Website
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Social
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- Legal Name Hexicon Ab
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$12.09 M (USD)
in 3 rounds
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Latest Funding Round
$3.06 M (USD), Series A
Apr 05, 2016
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Investors
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Employee Count
Employee Count
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Products & Services of Hexicon
Hexicon offers a comprehensive portfolio of products and services, including TwinWind Technology. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Patented system for efficient floating offshore wind power generation.
Funding Insights of Hexicon
Hexicon has successfully raised a total of $12.09M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $3.06 million completed in April 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series A — $3.1M
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First Round
First Round
(12 Sep 2014)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2016 | Amount | Series A - Hexicon | Valuation |
investors |
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| Nov, 2014 | Amount | Series A - Hexicon | Valuation |
investors |
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| Sep, 2014 | Amount | Series A - Hexicon | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Hexicon
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Hexicon
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Hexicon Comparisons
Competitors of Hexicon
Hexicon operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Arise, Eolus, Landinfra Energy, W3 Energy and Rope Access, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Onshore wind power projects are developed and operated in Sweden.
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Developer of renewable energy solutions, providing comprehensive asset management services for commissioned projects
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Develops and manages renewable energy projects in the Nordic market.
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| domain | founded_year | HQ Location |
Provides operational and commercial services for wind farm asset management in Nordic areas.
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| domain | founded_year | HQ Location |
Wind turbines are serviced and maintained using industrial rope access.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Hexicon
Frequently Asked Questions about Hexicon
When was Hexicon founded?
Hexicon was founded in 2009 and raised its 1st funding round 5 years after it was founded.
Where is Hexicon located?
Hexicon is headquartered in Stockholm, Sweden.
Who is the current CEO of Hexicon?
Marcus Thor is the current CEO of Hexicon.
Is Hexicon a funded company?
Hexicon is a funded company, having raised a total of $12.09M across 3 funding rounds to date. The company's 1st funding round was a Series A of $1.55M, raised on Sep 12, 2014.
What does Hexicon do?
Hexicon was founded in 2009 and is headquartered in Stockholm, Sweden. Operations are centered on the renewable energy sector, with a focus on developing and managing floating wind energy projects. Services include project planning, engineering, and deployment in offshore locations. The company is led by CEO Marcus Thor, and activities span international waters to support sustainable energy initiatives.
Who are the top competitors of Hexicon?
Hexicon's top competitors include Arise, Eolus and Rope Access.
What products or services does Hexicon offer?
Hexicon offers TwinWind Technology.