Funded Tech Companies
Norsepower
Headquartered in Helsinki, Norsepower has funding from Mirova, Tesi and Nefco.
Company Overview
Company Name
Norsepower
Company Status
Private & Independent
Industry
Funding Rounds
Total Funding
Contact Information
Mailing Address
Tammasaarenlaituri 3
Helsinki, 00180
FI
Helsinki, 00180
FI
Phone
Undisclosed
Website
Email Address
Company Background Information
Overview
Norsepower was founded in late 2012 with a mission to reduce the environmental impact of shipping through its Rotor Sail Solution technology. The concept of the Flettner rotor was first devised by Finnish inventor and architect Sigurd Savonius in the 1920s, concurrently with German engineer Anton Flettner. The first Atlantic crossing - by a vessel using Flettner rotors only - took place in 1926 proving the principle. However, technical challenges and the market situation prevented more widespread application.
Last Transaction
3/28/2023
Financing History
Date
Type
Amount
Management Team
Title
Name
Email & Social
Company Investors
- Mirova
- Tesi
- Nefco
- Finnish Climate Fund
- OGCI Climate Investments
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