Nordic Windpower Lands $38,000,000 Series C Round

  • Feed Type
  • 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

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