About X1 Wind
X1 Wind is a company based in Barcelona (Spain) founded in 2017 by Alex Raventos and Carlos Casanovas.. X1 Wind offers products and services including X90 Platform, X30 Floater, and PivotBuoy System. X1 Wind operates in a competitive market with competitors including BW Ideol, SeaTwirl, Triton Anchor, Principle Power and Wind Catching Systems, among others.
- Headquarter Barcelona, Spain
- Founders Alex Raventos, Carlos Casanovas
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Sectors
Energy & Utilities
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
EIT InnoEnergy
& 4 more
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Employee Count
Employee Count
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Products & Services of X1 Wind
X1 Wind offers a comprehensive portfolio of products and services, including X90 Platform, X30 Floater, and PivotBuoy System. 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.
Commercial-scale platform for 5-6MW turbines in offshore projects
Part-scale prototype tested in Canary Islands for wind validation
Single-point mooring for cost-effective floating wind deployment
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Funding Insights of X1 Wind
- Total Funding Total Funding
- Total Rounds 9
- Last Round Last Round
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First Round
First Round
(01 May 2018)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2025 | Amount | Seed - X1 Wind | Valuation |
investors |
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| Jan, 2023 | Amount | Grant - X1 Wind | Valuation |
investors |
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| Feb, 2022 | Amount | Series A - X1 Wind | Valuation |
investors |
| 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 X1 Wind
X1 Wind has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include EIT InnoEnergy, European Union and CDTI. 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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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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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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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 X1 Wind
| 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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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - X1 Wind
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
X1 Wind Comparisons
Competitors of X1 Wind
X1 Wind 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 BW Ideol, SeaTwirl, Triton Anchor, Principle Power and Wind Catching Systems, 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 |
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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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| domain | founded_year | HQ Location |
Offshore wind floating systems are provided for renewable energy projects.
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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 X1 Wind
Frequently Asked Questions about X1 Wind
When was X1 Wind founded?
X1 Wind was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is X1 Wind located?
X1 Wind is headquartered in Barcelona, Spain. It is registered at Barcelona, Catalonia, Spain.
Who is the current CEO of X1 Wind?
Alex Raventos is the current CEO of X1 Wind. They have also founded this company.
What does X1 Wind do?
Provider of offshore floating wind platform for the wind energy sector. The X1 Wind turbine system is for the offshore wind industry with lower costs and reliable technology. Turbine stands on a single point mooring system-based pivot buoy which is claimed to be offering weathervaning. Three tethers are attached to the pivot, this allows the equal share of the load on all the tethers while wind thrust is directly transmitted to the tension leg platform mooring system.
Who are the top competitors of X1 Wind?
X1 Wind's top competitors include Principle Power, Stiesdal and BW Ideol.
What products or services does X1 Wind offer?
X1 Wind offers X90 Platform, X30 Floater, and PivotBuoy System.
Who are X1 Wind's investors?
X1 Wind has 5 investors. Key investors include EIT InnoEnergy, European Union, CDTI, EIC Fund, and Technip Energies.
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