EXPONENTIAL RENEWABLES

A Green & Energytech startup included in the Barcelona & Catalonia Startup Hub

X1WIND. Barcelona & Catalonia Startup Hub
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X1WIND

EXPONENTIAL RENEWABLES
Carrer De La Diputació 284 5º Planta 08009 Barcelona
https://x1wind.com/

X1 Wind is an innovative floating wind technology developer. Based in Barcelona Spain the team developed a unique floating wind platform through its patented PivotBuoy technology that allows the floating structure to passively weathervane in a downwind configuration enabling significant cost reductions to make floating wind competitive. After successfully validating its technology in the Canary Islands the team is focused on scaling and industrializing pre-commercial and commercial units.

Industries & Technologies

Industries: Green & Energytech
Technologies: Clean Energy
Other fields: -

Financial data

Funding stage:
Founded: 2017
Employees:

Other information

Business model: R+D+I Services, Other types of licence
Target: Business
Spinoff participants: None / Not a spinoff

Funding

2.4M € (October 2020)

Capital

Investors: European Innovation Council

1.8M € (March 2019)

Capital

Investors: European Commission

0.1M € (March 2018)

Capital

Investors: European Innovation Council

Source: Press releases newsletters & platforms company websites annual reports & accounts regulatory body sites & stock exchanges

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