About Norhybrid Renewables
Norhybrid Renewables is a company based in Skien (Norway) founded in 2020. Norhybrid Renewables has raised $2 million across 2 funding rounds from investors including Siva and AV Group. The company has 8 employees as of December 11, 2024. Norhybrid Renewables offers products and services including EnergyBlade 3.7 and Hybrid Energy Parks. Norhybrid Renewables operates in a competitive market with competitors including Vortex bladeless, Accio Energy, Windcredible, Magnuss and New World Wind, among others.
- Headquarter Skien, Norway
- Employees 8 as on 11 Dec, 2024
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Sectors
Energy & Utilities
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Phone
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Website
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Social
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- Legal Name Norhybrid Renewables As
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Annual Revenue
$140.82 K (USD)108as on Dec 31, 2022
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Net Profit
-$758.73 K (USD)-84as on Dec 31, 2022
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EBITDA
-$759.21 K (USD)-75as on Dec 31, 2022
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Total Equity Funding
$2 M (USD)
in 2 rounds
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Latest Funding Round
$2 M (USD), Seed
May 31, 2021
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Investors
Siva
& 1 more
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Employee Count
8
as on Dec 11, 2024
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Products & Services of Norhybrid Renewables
Norhybrid Renewables offers a comprehensive portfolio of products and services, including EnergyBlade 3.7 and Hybrid Energy Parks.
Efficient turbine for low-wind energy generation in various settings.
Integrated systems combining wind, solar, and batteries for local power.
Funding Insights of Norhybrid Renewables
Norhybrid Renewables has successfully raised a total of $2M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2 million completed in May 2021. 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.
Investors in Norhybrid Renewables
Norhybrid Renewables has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Siva and AV Group.
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Siva is engaged in fostering sustainable industrial growth across Norway.
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Investor details for Norhybrid Renewables
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Investments & Acquisitions by Norhybrid Renewables
Investment portfolio details for Norhybrid Renewables
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Financial Statements - Norhybrid Renewables
Detailed financials for Norhybrid Renewables
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Norhybrid Renewables Comparisons
Peer comparison for Norhybrid Renewables
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Competitors of Norhybrid Renewables
Norhybrid Renewables 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 Vortex bladeless, Accio Energy, Windcredible, Magnuss and New World Wind, among others.
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Bladeless wind turbines are developed for cost-effective energy production.
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Wind energy is converted to electricity by specialized devices.
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Wind turbines are developed for commercial and residential applications.
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Wind-based sailing systems for ship propulsion are developed by Magnuss.
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New World Wind
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Detailed competitors of Norhybrid Renewables
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Latest news on Norhybrid Renewables
Complete news archive for Norhybrid Renewables
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Frequently Asked Questions about Norhybrid Renewables
Norhybrid Renewables was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Norhybrid Renewables is headquartered in Skien, Norway. It is registered at Skien, Telemark, Norway.
Norhybrid Renewables is a funded company, having raised a total of $2M across 2 funding rounds to date.
As of Dec 11, 2024, the latest employee count at Norhybrid Renewables is 8.
Annual revenue of Norhybrid Renewables is $140.82K as on Dec 31, 2022.
Norhybrid Renewables was founded in 2020 and is based in Skien, Norway. Solar energy projects are developed within the renewable energy sector. Operations involve planning, construction, and management of photovoltaic installations. Services are provided to support sustainable power generation. Focus is placed on regional European markets, with emphasis on efficiency and grid integration. The domain norhybrid.com is maintained for project updates and stakeholder engagement.
Norhybrid Renewables's top competitors include Accio Energy, Magnuss and Vortex bladeless.
Norhybrid Renewables offers EnergyBlade 3.7 and Hybrid Energy Parks.
Norhybrid Renewables has 2 investors. Key investors include Siva, and AV Group.