
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.
- Headquarter Dubendorf, Switzerland
- SectorsEnergy & Utilities
- Website twingtec.ch
- Social LinkedIn X Facebook YouTube
- Latest Funding Round$56.83K (USD), Grant
Jun 2019
- InvestorsEuropean Union
& 2 more
Apps and channels of TwingTec
its YouTube channel TwingTec has 172 subscribers and 9 videos.
Videos from TwingTec
The most watched videos on TwingTec's YouTube channel, TwingTec (172 subscribers). Click a video to play it here.
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.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2019 | $56,834 | Grant | β | β | |
| Mar 2019 | $56,880 | Grant | β | β | |
| Apr 2014 | $145,577 | Grant | β | β |
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government agency and accelerator focusing on innovative startups and SMEs | – | eicfund.eu | Brussels, Belgium | |
University backed startup accelerator | – | venturekick.ch | Schlieren, Switzerland | |
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium |
Investor details for TwingTec
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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People of TwingTec
6 people are tracked at TwingTec (3 in leadership, 3 in board & advisors).
| Name | Role | Group |
|---|---|---|
George Hanna | CEO & Board Member | Leadership |
Rolf Luchsinger | Chief Operating Officer | Leadership |
Dino Costa | Co-founder And CIO | Leadership |
Reyad Fezzani | Chairman | Board & advisors |
Marie-Pierre Dhers | Vice Chair - Independent Board Director | Board & advisors |
Tommaso Ghidini | Board Member | Board & advisors |
Complete people profiles for TwingTec
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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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.
- Founded TwingTec is founded.
- Funding First funding round of $146K.
- 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 Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| makanipower.com | 2006 | Alameda, United States | $15M | – | Harnesses high altitude wind energy | |
| vortexbladeless.com | 2013 | – | $20,000 | – | Bladeless wind turbines are developed for cost-effective energy production. | |
| skypull.technology | 2013 | Lugano, Switzerland | $131,894 | – | Box-type altitude wind power systems are developed. | |
| accioenergy.com | 2007 | Ann Arbor, United States | $5.19M | 11 | Wind energy is converted to electricity by specialized devices. | |
| windlift.com | 2006 | Raleigh, United States | $160,000 | 17 | Airborne wind energy systems are developed for electricity harvesting. | |
| kps.energy | 2011 | Glasgow, United Kingdom | $6.34M | 29 | Manufactures airborne wind turbines for renewable energy solutions. | |
| kitemill.com | 2008 | Vossevangen, Norway | $2.54M | 9 | Airborne wind energy systems are developed for renewable power generation. | |
| enerkite.de | 2010 | Kleinmachnow, Germany | – | 23 | Airborne Wind Energy System | |
| ewindsolutions.com | 2013 | Beaverton, United States | – | – | Airborne wind energy systems are developed for higher-altitude wind access. |
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
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Latest news on Twingtec
Complete news archive for TwingTec
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- 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.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Silicon-based solar PV modules are manufactured for diverse applications. | 1985 | San Jose, California, United States | USD 171.73 M | USD 300 M | 600 | |
Manufacturer of smart solar inverters | 2006 | Herzliya, Central District, Israel | USD 96.8 M | USD 1.18 B | 5,630 | |
Solar panel tracking software is provided for monitoring and control. | 2013 | Fremont, California, United States | USD 42.63 M | USD 3.56 B | 1,300 | |
Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture | 2010 | Pune, Maharashtra, India | USD 76.38 M | USD 56.11 M | 702 | |
Iron-air energy storage systems are developed for renewable energy projects. | 2009 | Somerville, Massachusetts, United States | USD 1.88 B | – | – | |
Full-end solar services are provided to residential and commercial sectors. | 2009 | Charleston, South Carolina, United States | USD 670.36 M | – | – | |
Micro-inverters and energy storage systems are manufactured for solar applications. | 2006 | Fremont, California, United States | USD 100.07 M | USD 1.47 B | 2,780 | |
Producer and supplier of green hydrogen | 2017 | Nantes, Pays De La Loire, France | USD 96.93 M | USD 11.48 M | 199 | |
Online platform for funding solar projects | 2015 | New York, New York, United States | USD 503.95 M | – | 30 | |
Provider of hydrogen production and storage solutions | 1927 | Oslo, Oslo, Norway | – | USD 95.55 M | 409 |
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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.
