About Hexicon
Hexicon is a publicly listed company based in Stockholm (Sweden) founded in 2009. Floating wind energy projects are developed by Hexicon globally. Hexicon has raised $12.09 million across 4 funding rounds from investors including Nuveen. Its chief executive, as recorded, is Marcus Thor. Hexicon offers products and services including TwinWind Technology. Its focus areas include Energy, Wind Energy, Service Providers and Project Developers. Its legal entity is Hexicon AB. Its competitors include Arise, Eolus and Landinfra Energy.
Company details
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.
- Headquarters Stockholm, Sweden
- Stage Public
- SectorsEnergy & Utilities
- Email••••••••
- Website hexicongroup.com
- Social LinkedIn X Instagram YouTube
- Legal Name Hexicon Ab
- Annual Revenue$2.09 M (USD)95.18as on Dec 31, 2025
- Net Profit-$35.52 M (USD)-26.7as on Dec 31, 2025
- EBITDA-$4.71 M (USD)30.69as on Dec 31, 2025
- Total Equity Funding$12.09M (USD)
in 4 rounds
- Investors
Products & Services of Hexicon
Hexicon offers a comprehensive portfolio of products and services, including TwinWind Technology.
Patented system for efficient floating offshore wind power generation.
Apps and channels of Hexicon
its YouTube channel Hexicon has 148 subscribers and 7 videos.
Videos from Hexicon
The most watched videos on Hexicon's YouTube channel, Hexicon (148 subscribers). Click a video to play it here.
More on Hexicon.
Funding Insights of Hexicon
Hexicon has successfully raised a total of $12.09M across 4 strategic funding rounds. 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 $12.09M
- Total Rounds 4
- First Round $1.55M
(Sep 2014)
- Investors Count 1
All 4 funding rounds of Hexicon with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2026 | Debt – Conventional | – | – | ||
| Apr 2016 | $3.06M | Series A | – | – | – |
| Nov 2014 | $7.47M | Series A | – | – | – |
| Sep 2014 | $1.55M | Series A | – | – | – |
1 investors in total: 1 institutional.
Investors in Hexicon
Hexicon has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Nuveen.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| nuveen.com |
Investor details for Hexicon
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People of Hexicon
1 people are tracked at Hexicon (1 in leadership).
| Name | Role | Group |
|---|---|---|
Marcus Thor | CEO | Leadership |
Complete people profiles for Hexicon
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IPO & Listings of Hexicon
Hexicon is a publicly listed company on the OMXSTO with ticker symbol HEXI in Sweden, operating in the Industrial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date18 Jun 2021
- Listed onOMXSTO: HEXI
- Listed entityHexicon AB
- Exchange sectorIndustrial services
- ISINSE0004898799
- Share price0.12 SEK · 2026-10-14
- Market capitalisation43,474,418.00 SEK
- EPS (diluted, trailing year)-0.99 SEK
- Volume (last session)154,446
Financials of Hexicon
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 19.2M SEK | -327.1M SEK | -43.4M SEK |
| 2024 | 9.8M SEK | -258.2M SEK | -62.6M SEK |
| 2023 | 5.7M SEK | -187.3M SEK | -80.6M SEK |
| 2022 | 11.6M SEK | -166.9M SEK | -89.5M SEK |
| 2021 | 23.1M SEK | -50.7M SEK | -43.6M SEK |
Detailed financial statements for Hexicon
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Hexicon
4 dated milestones of Hexicon across 17 years, from founding to its latest funding, stage changes and deals.
- Founded Hexicon is founded.
- Funding First funding round of $1.6M.
- IPO Lists on the stock exchange (IPO).
- Funding Latest funding round, Debt – Conventional,.
Competitors of Hexicon
Hexicon has 3 listed competitors in our database. They include Arise, Eolus and Landinfra Energy.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| arise.se | 2007 | Halmstad, Sweden | Onshore wind power projects are developed and operated in Sweden. | |||
| eolus.com | 1990 | Hassleholm, Sweden | Developer of renewable energy solutions, providing comprehensive asset management services for commissioned projects | |||
| landinfra-energy.com | 2022 | Malmo, Sweden | Develops and manages renewable energy projects in the Nordic market. |
Detailed competitors of Hexicon
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Web traffic of Hexicon
The website of Hexicon (hexicongroup.com) receives about 2.6K visits a month.
- Monthly visits2.6K
▲ 236.3% vs previous month
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Related news about Hexicon
Complete news archive for Hexicon
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Frequently Asked Questions about Hexicon
Hexicon was founded in 2009 and raised its 1st funding round 5 years after it was founded.
Hexicon is headquartered in Stockholm, Sweden.
Marcus Thor is the CEO of Hexicon, as recorded in our data.
Hexicon is a funded company, having raised a total of $12.09M across 4 funding rounds to date. The company's 1st funding round was a Series A of $1.55M, raised on Sep 2014.
Annual revenue of Hexicon is $2.09M as on Dec 31, 2025.
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.
Hexicon's top competitors include Arise, Eolus and Landinfra Energy.
Hexicon offers TwinWind Technology.
Yes, Hexicon is publicly traded on OMXSTO under the ticker symbol HEXI.
Hexicon has 1 investor. Key investors include Nuveen.
Hexicon operates through Hexicon Ab.