About Wind Catching Systems
Wind Catching Systems is a company based in Lysaker (Norway) founded in 2017 by Arthur Kordt and Asbjorn Nes.. Wind Catching Systems has raised $10 million across 3 funding rounds from investors including Enova, North Energy and GM Ventures. The company has 1 employees as of December 31, 2021. Wind Catching Systems offers products and services including Windcatcher. Wind Catching Systems operates in a competitive market with competitors including X1 Wind, BW Ideol, SeaTwirl, Triton Anchor and Principle Power, among others.
- Headquarter Lysaker, Norway
- Employees 1 as on 31 Dec, 2021
- Founders Arthur Kordt, Asbjorn Nes
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Wind Catching Systems As
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Annual Revenue
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Net Profit
$-1.15 M (USD)-117as on Dec 31, 2022
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EBITDA
$-1.15 M (USD)-117as on Dec 31, 2022
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Total Equity Funding
$10 M (USD)
in 3 rounds
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Latest Funding Round
$909.58 K (USD), Grant
Feb 06, 2023
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Investors
Enova
& 3 more
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Employee Count
1
as on Dec 31, 2021
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Products & Services of Wind Catching Systems
Wind Catching Systems offers a comprehensive portfolio of products and services, including Windcatcher. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Delivers scalable offshore wind energy with efficient maintenance and production.
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Funding Insights of Wind Catching Systems
Wind Catching Systems has successfully raised a total of $10M across 3 strategic funding rounds. The most recent funding activity was a Grant round of $909.58 thousand completed in February 2023. 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 Grant — $909,582
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First Round
First Round
(10 Jun 2022)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2023 | Amount | Grant - Wind Catching Systems | Valuation |
investors |
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| Oct, 2022 | Amount | Grant - Wind Catching Systems | Valuation |
investors |
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| Jun, 2022 | Amount | Series A - Wind Catching Systems | Valuation | GM Ventures |
| 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 Wind Catching Systems
Wind Catching Systems has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Enova, North Energy and GM Ventures. 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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Venture capital funding is provided by General Motors-backed firm.
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Founded Year | Domain | Location | |
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Venture capital is directed by Ferd toward impact investing goals.
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Founded Year | Domain | Location | |
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New energy and climate technologies are developed by Enova.
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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 Wind Catching Systems
| 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 - Wind Catching Systems
| 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 |
Wind Catching Systems Comparisons
Competitors of Wind Catching Systems
Wind Catching Systems 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, SeaTwirl, Triton Anchor and Principle Power, 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.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of offshore floating wind platform for the wind energy sector
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| domain | founded_year | HQ Location |
Floating offshore wind energy platforms are provided for renewable projects.
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| domain | founded_year | HQ Location |
Vertical axis offshore wind turbine developer
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| domain | founded_year | HQ Location |
Provider of offshore wind anchor
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| domain | founded_year | HQ Location |
Floating platforms for offshore wind turbines are designed and provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Wind Catching Systems
Frequently Asked Questions about Wind Catching Systems
When was Wind Catching Systems founded?
Wind Catching Systems was founded in 2017 and raised its 1st funding round 5 years after it was founded.
Where is Wind Catching Systems located?
Wind Catching Systems is headquartered in Lysaker, Norway.
Is Wind Catching Systems a funded company?
Wind Catching Systems is a funded company, having raised a total of $10M across 3 funding rounds to date. The company's 1st funding round was a Series A of $10M, raised on Jun 10, 2022.
How many employees does Wind Catching Systems have?
As of Dec 31, 2021, the latest employee count at Wind Catching Systems is 1.
What does Wind Catching Systems do?
Wind Catching Systems was founded in 2017 in Lysaker, Norway, within the offshore wind sector. Floating systems designed for wind energy installations are developed and supplied. The Wind Catcher is offered as an integrated substation that incorporates turret and mooring technologies to stabilize operations in marine environments. Activities center on supporting renewable energy infrastructure in coastal and open-sea locations, with co-founders Arthur Kordt and Asbjorn Nes leading the efforts.
Who are the top competitors of Wind Catching Systems?
Wind Catching Systems's top competitors include Principle Power, X1 Wind and Stiesdal.
What products or services does Wind Catching Systems offer?
Wind Catching Systems offers Windcatcher.
Who are Wind Catching Systems's investors?
Wind Catching Systems has 4 investors. Key investors include Enova, North Energy, GM Ventures, and Ferd.
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