SeaTwirl

Goteborg, Sweden Founded: 2013 • Age: 13 yrs
Vertical axis offshore wind turbine developer
Annual revenue - Latest available
Total funding - 3 rounds
Employees 13 Tracked headcount
Investors 2 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About SeaTwirl

SeaTwirl is a company based in Goteborg (Sweden) founded in 2013. The company has 13 employees as of December 31, 2024. SeaTwirl operates in a competitive market with competitors including X1 Wind, BW Ideol, Triton Anchor, Principle Power and Wind Catching Systems, among others.

  • Headquarter Goteborg, Sweden
  • Employees 13 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Energy & Utilities
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Seatwirl Ab
Operational Areas
Energy & Utilities → Renewable & Clean Energy Unlock Sub-Sector Unlock Segment
Energy & Utilities → Renewable & Clean Energy Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    -$1.67 M (USD)
    -8.02
    as on Dec 31, 2024
  • EBITDA
    -$1.87 M (USD)
    -0.11
    as on Dec 31, 2024
  • Latest Funding Round
    $58.99 K (USD), Grant

    Aug 31, 2021

  • Investors
  • Employee Count
    13

    as on Dec 31, 2024

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IPO & Listings of SeaTwirl

SeaTwirl is a publicly listed company on the OMXSTO with ticker symbol STW in Sweden, operating in the Utilities 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.

Exchange: OMXSTO · Ticker: STW · Sector: Utilities · Sweden

People of SeaTwirl

Headcount 1-10
Employee Profiles 10
Employee Profiles
People
Johan Sandberg
CEO
People
Eric Lorentzon
Head Of Foundation And Mooring
People
Rémi Corniglion
Floating Wind Turbine Loads Engineer
People
David Österberg
Head Of R&d

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Funding Insights of SeaTwirl

Investors in SeaTwirl

SeaTwirl has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union and EIC Fund.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Government agency and accelerator focusing on innovative startups and SMEs
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Investor details for SeaTwirl

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by SeaTwirl

Investments
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Investment portfolio details for SeaTwirl

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  • Transaction dates
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Financial Statements - SeaTwirl

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Detailed financials for SeaTwirl

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Seatwirl Comparisons

SeaTwirl Primary company
Description
Vertical axis offshore wind turbine developer
Location
Goteborg, Sweden
Founded Year
2013
Annual Revenue
Not available
Net Profit
-$1.67 M (USD)
EBITDA
-$1.87 M (USD)
Employees
13
As of 2024
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Peer comparison for SeaTwirl

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Competitors of SeaTwirl

SeaTwirl 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 X1 Wind, BW Ideol, Triton Anchor, Principle Power and Wind Catching Systems, among others.

Company Name Domain Founded year HQ Location Description
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Provider of offshore floating wind platform for the wind energy sector
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Floating offshore wind energy platforms are provided for renewable projects.
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Provider of offshore wind anchor
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Floating platforms for offshore wind turbines are designed and provided.
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Offshore wind floating systems are provided for renewable energy projects.
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Detailed competitors of SeaTwirl

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Latest news on Seatwirl

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Complete news archive for SeaTwirl

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Frequently Asked Questions about SeaTwirl

SeaTwirl was founded in 2013 and raised its 1st funding round 3 years after it was founded.

SeaTwirl is headquartered in Goteborg, Sweden. It is registered at Goteborg, Vastra Gotaland, Sweden.

As of Dec 31, 2024, the latest employee count at SeaTwirl is 13.

SeaTwirl is a a floating offshore vertical axis wind turbine that can be placed at deeper waters. The vertical axis wind turbine is mounted on a underwater structure that reaches deep down under the water surface. The underwater structure contains a buoyancy part and in its lowest point weight part. This makes the structure stable. The full body from the wind turbine in the top to the lowest underwater weight part is rotating as one piece and all its weight is carried up by the water. To translate the kinetic energy into electrical energy a generator is placed around the rotating tower. The generator is placed above the sea level and is held at place using anchoring to the bottom of the sea.

SeaTwirl's top competitors include Principle Power, X1 Wind and Stiesdal.

Yes, SeaTwirl is publicly traded on OMXSTO under the ticker symbol STW.

SeaTwirl has 2 investors. Key investors include European Union, and EIC Fund.

The ticker symbol of SeaTwirl is STW on OMXSTO.

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