Nordic Windpower Lands $38,000,000 Series C Round
-
Feed Type
-
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=02224cb8-7639-4d7e-b632-efe3320658a1&Preview=1 -
Date
1/6/2010 -
Company Name
Nordic Windpower -
Mailing Address
125 University Ave Berkeley, CA 94710 -
Company Description
Nordic Windpower was formed to commercialize the ground-breaking Nordic technology for wind turbines. -
Website
http://www.nordicwindpower.com -
Transaction Type
Venture Equity -
Transaction Amount
$38,000,000 -
Transaction Round
Series C -
Proceeds Purposes
Nordic Windpower will use the funds, of which $12.1 million has already been received, to scale up its business activities involving the sale, manufacturing and service of its innovative 1 MW, N1000 wind turbines. Last month, the company announced the shipment to Uruguay’s largest wind power developer of the first three of 19 turbines sold since May 2009. -
M&A Terms
-
Venture Investor
Khosla Ventures -
Venture Investor
New Enterprise Associates -
Venture Investor
Novus Energy Partners -
Venture Investor
Undisclosed
