About Kitepower
Kitepower is a company based in Delft (Netherlands) founded in 2016 by Roland Schmehl.. Kitepower has raised $4.46 million across 3 funding rounds from investors including European Union, ENERGIIQ and ifund. Kitepower operates in a competitive market with competitors including YARD ENERGY, Pondera Consult, ventolines.nl, Conbit and OWL Heavy Lift, among others.
- Headquarter Delft, Netherlands
- Founders Roland Schmehl
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4.46 M (USD)
in 3 rounds
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Latest Funding Round
$878.39 K (USD), Series A
Oct 04, 2022
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Investors
European Union
& 2 more
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Employee Count
Employee Count
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Funding Insights of Kitepower
Kitepower has successfully raised a total of $4.46M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $878.39 thousand completed in October 2022. 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 — $878,390
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First Round
First Round
(18 Jun 2021)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2022 | Amount | Series A - Kitepower | Valuation |
investors |
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| Oct, 2022 | Amount | Grant - Kitepower | Valuation |
investors |
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| Jun, 2021 | Amount | Series A - Kitepower | Valuation |
investors |
| 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 |
Investors in Kitepower
Kitepower has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union, ENERGIIQ and ifund. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Energy innovation funding is provided by ENERGIIQ in Zuid-Holland.
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Founded Year | Domain | Location | |
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Impact investments are facilitated by stichting ifund for societal benefits.
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Kitepower
| 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 - Kitepower
| 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 |
Kitepower Comparisons
Competitors of Kitepower
Kitepower 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 YARD ENERGY, Pondera Consult, ventolines.nl, Conbit and OWL Heavy Lift, 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.
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| domain | founded_year | HQ Location |
Onshore wind farms are developed and operated in the Netherlands.
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| domain | founded_year | HQ Location |
Developer of wind energy projects
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| domain | founded_year | HQ Location |
Wind energy projects are developed and managed in the Netherlands.
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| domain | founded_year | HQ Location |
Specialized lifting and engineering services are provided across industries.
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Provides logistics for offshore wind parks to reduce emissions and costs.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Kitepower
Frequently Asked Questions about Kitepower
When was Kitepower founded?
Kitepower was founded in 2016 and raised its 1st funding round 5 years after it was founded.
Where is Kitepower located?
Kitepower is headquartered in Delft, Netherlands. It is registered at Delft, South Holland, Netherlands.
Is Kitepower a funded company?
Kitepower is a funded company, having raised a total of $4.46M across 3 funding rounds to date. The company's 1st funding round was a Series A of $3.58M, raised on Jun 18, 2021.
What does Kitepower do?
Kitepower was established in 2016 in Delft, Netherlands, with Roland Schmehl serving as co-founder. Focus is placed on the renewable energy sector, where airborne wind technologies are developed and deployed. Operations involve engineering and project implementation for utility-scale wind power solutions. Activities are conducted primarily in Europe, emphasizing sustainable energy generation through kite-based systems.
Who are the top competitors of Kitepower?
Kitepower's top competitors include Conbit, Pondera Consult and YARD ENERGY.
Who are Kitepower's investors?
Kitepower has 3 investors. Key investors include European Union, ENERGIIQ, and ifund.