Tech Company Financing Transactions
Gazelle Wind Power Funding Round
Gazelle Wind Power, operating out of Reading, Berkshire, scored $12 million in investment from Indico Capital Partners, DST Global and private investors.
Transaction Overview
Company Name
Announced On
11/13/2024
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Undisclosed
Investors
Indico Capital Partners (Lead Investor)
Proceeds Purpose
The company intends to use the funds to accelerate the development of Nau Azul, its 2MW grid-connected demonstrator in Aguçadoura, Portugal.
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
Castle Studios, 15 Castle Street
Reading, Berkshire, RG1 7SB
UK
Reading, Berkshire, RG1 7SB
UK
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Gazelle Wind Power Limited was founded to accelerate the transition to renewable energies by introducing the next generation of advanced offshore wind platforms. Gazelle Wind Power offers a revolutionary floating platform solution to meet the challenges facing the offshore wind industry. Gazelle's unique design responds to waves through the action of a central counterweight connected to tripodal arms anchored to the seabed. The geometry is such that the platform can move horizontally and vertically with minimal tilting.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jon Salazar
Browse more venture capital transactions:
Prev: 11/13/2024: Cometa venture capital transaction
Next: 11/13/2024: mediaire venture capital transaction
Share this article
About Our VC Transactions Data
We do our best to record every notable VC transaction. VC investment data records reported here are derived from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs