TwingTec

Dubendorf, Switzerland Founded: 2013 • Age: 13 yrs
Wind energy drones are provided for higher-altitude power generation.

About TwingTec

TwingTec is a company based in Dubendorf (Switzerland) founded in 2013. TwingTec operates in a competitive market with competitors including Makani, Vortex bladeless, Skypull, Accio Energy and Windlift, among others.

Key Metrics
  • Latest Funding Round
    $56.83K (USD), Grant

    Jun 2019

  • Investors

Apps and channels of TwingTec

its YouTube channel TwingTec has 172 subscribers and 9 videos.

TwingTec
YouTube 172 subscribers 9 videos Science & Technology
Open channel

Videos from TwingTec

The most watched videos on TwingTec's YouTube channel, TwingTec (172 subscribers). Click a video to play it here.

Wind Energy 2.0 Explained (TwingTec 2016)
35.3K views
Wind Energy 2.0 Demonstrated (TwingTec 2018)
11.9K views
TwingTec wind energy how it works
7.4K views
TwingTec - Producing Net Positive Power
3.3K views

More on TwingTec.

Funding Insights of TwingTec

  • Total Rounds 3
  • Last Round Grant β€” $56,834
  • First Round $145,577

    (Apr 2014)

  • Investors Count 3

All 3 funding rounds of TwingTec with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2019$56,834Grant––
Mar 2019$56,880Grant––
Apr 2014$145,577Grant––
Valuation history

3 investors in total: 3 institutional.

Investors in TwingTec

TwingTec has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union, EIC Fund and Venture Kick.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Government agency and accelerator focusing on innovative startups and SMEs
–eicfund.euBrussels, Belgium
University backed startup accelerator
–venturekick.chSchlieren, Switzerland
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
1958europa.euBrussels, Belgium
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Investor details for TwingTec

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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  • Round participation
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People of TwingTec

6 people are tracked at TwingTec (3 in leadership, 3 in board & advisors).

NameRoleGroup
George Hanna
CEO & Board MemberLeadership
Rolf Luchsinger
Chief Operating OfficerLeadership
Dino Costa
Co-founder And CIOLeadership
Reyad Fezzani
ChairmanBoard & advisors
Marie-Pierre Dhers
Vice Chair - Independent Board DirectorBoard & advisors
Tommaso Ghidini
Board MemberBoard & advisors
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Complete people profiles for TwingTec

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

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Timeline of TwingTec

3 dated milestones of TwingTec across 6 years, from founding to its latest funding, stage changes and deals.

  1. Founded TwingTec is founded.
  2. Funding First funding round of $146K.
  3. Funding Latest funding round, Grant, of $57K.

Competitors of TwingTec

TwingTec 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 Makani, Vortex bladeless, Skypull, Accio Energy and Windlift, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
makanipower.com2006Alameda, United States$15M–
Harnesses high altitude wind energy
vortexbladeless.com2013–$20,000–
Bladeless wind turbines are developed for cost-effective energy production.
skypull.technology2013Lugano, Switzerland$131,894–
Box-type altitude wind power systems are developed.
accioenergy.com2007Ann Arbor, United States$5.19M11
Wind energy is converted to electricity by specialized devices.
windlift.com2006Raleigh, United States$160,00017
Airborne wind energy systems are developed for electricity harvesting.
kps.energy2011Glasgow, United Kingdom$6.34M29
Manufactures airborne wind turbines for renewable energy solutions.
kitemill.com2008Vossevangen, Norway$2.54M9
Airborne wind energy systems are developed for renewable power generation.
enerkite.de2010Kleinmachnow, Germany–23
Airborne Wind Energy System
ewindsolutions.com2013Beaverton, United States––
Airborne wind energy systems are developed for higher-altitude wind access.
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Detailed competitors of TwingTec

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Latest news on Twingtec

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Complete news archive for TwingTec

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Similar companies to TwingTec

10 companies that operate in the same segment as TwingTec (Renewable Energy Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Silicon-based solar PV modules are manufactured for diverse applications.
1985San Jose, California, United StatesUSD 171.73 MUSD 300 M600
Manufacturer of smart solar inverters
2006Herzliya, Central District, IsraelUSD 96.8 MUSD 1.18 B5,630
Solar panel tracking software is provided for monitoring and control.
2013Fremont, California, United StatesUSD 42.63 MUSD 3.56 B1,300
Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture
2010Pune, Maharashtra, IndiaUSD 76.38 MUSD 56.11 M702
Iron-air energy storage systems are developed for renewable energy projects.
2009Somerville, Massachusetts, United StatesUSD 1.88 B––
Full-end solar services are provided to residential and commercial sectors.
2009Charleston, South Carolina, United StatesUSD 670.36 M––
Micro-inverters and energy storage systems are manufactured for solar applications.
2006Fremont, California, United StatesUSD 100.07 MUSD 1.47 B2,780
Producer and supplier of green hydrogen
2017Nantes, Pays De La Loire, FranceUSD 96.93 MUSD 11.48 M199
Online platform for funding solar projects
2015New York, New York, United StatesUSD 503.95 M–30
Provider of hydrogen production and storage solutions
1927Oslo, Oslo, Norway–USD 95.55 M409
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Frequently Asked Questions about TwingTec

TwingTec was founded in 2013 and raised its 1st funding round 1 year after it was founded.

TwingTec is headquartered in Dubendorf, Switzerland. It is registered at Dubendorf, Zurich, Switzerland.

TwingTec was founded in 2013 in Dubendorf, Switzerland, within the renewable energy sector. Airborne wind energy systems are developed and offered by the company to harness wind power at elevated altitudes. These drone-based platforms are designed with vertical takeoff and landing capabilities, enabling operations in varied environments. Focus is placed on innovative solutions for sustainable electricity production across European and international markets.

TwingTec's top competitors include Windlift, Accio Energy and Skypull.

TwingTec has 3 investors. Key investors include European Union, EIC Fund, and Venture Kick.

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