Boulder Wind Power Obtains $8,000,000 Series A Funding

  • Feed Type
  • Date
    3/31/2011
  • Company Name
    Boulder Wind Power
  • Mailing Address
    1812 Boxelder Street Louisville, CO 80027
  • Company Description
    Boulder Wind Power was founded by industry veterans who recognized that wind energy must become cost competitive with fossil fuel alternatives before it will gain mass adoption.
  • Website
    http://www.boulderwindpower.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $8,000,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    The funding will be used to complete development, testing and commercialization of Boulder Wind Power’s next generation direct drive technology which is simpler, more efficient and less costly to maintain than alternative wind turbine technologies.
  • M&A Terms
  • Venture Investor
    New Enterprise Associates
  • Venture Investor
    Undisclosed

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