
Bioseco
Protecting birds at wind farms and airports using innovative Hi-Tech.
Date | Investors | Amount | Round |
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- | investor | €0.0 | round |
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* | N/A | Buyout | |
Total Funding | 000k |
EUR | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
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Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% growth | - | (85 %) | 1978 % | (84 %) | 31 % | 1016 % | 59 % |
EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% EBITDA margin | (7 %) | (2400 %) | (112 %) | (294 %) | (435 %) | 14 % | (5 %) |
Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% profit margin | (184 %) | (3551 %) | (166 %) | (627 %) | (708 %) | (2 %) | (15 %) |
EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Established in 2013 in Gdansk, Poland, Bioseco is a technology research and development firm specializing in environmental protection systems for the renewable energy and aviation sectors. The company was founded by a team of specialists in optics, radar, and computer science to address the challenge of bird collisions with man-made infrastructure. The current CEO is Adam Jaworski. In September 2024, private equity fund Spire Capital Partners acquired a controlling stake in the company to facilitate further product innovation and international expansion.
Bioseco designs, develops, and manufactures monitoring systems that protect birds and bats from colliding with wind turbine blades and prevent bird-strike incidents at airports. Its primary clients are wind farm operators and airport authorities, with a significant portion of its revenue, approximately 80%, originating from international customers in countries like France, Spain, and Germany. The business model centers on selling and installing its proprietary protection systems, which helps clients comply with environmental regulations and reduce financial losses associated with turbine shutdowns or aircraft damage.
The company's core offerings are the Bird Protection System (BPS) for wind farms and the Airport Fauna Monitoring System (AFMS). The BPS employs a modular system using stereo-vision cameras and machine learning algorithms to detect birds and analyze their flight paths in real-time. When a collision risk is identified, the system deploys a sequence of deterrents, including strobe lights and warning sounds. If the bird continues on a high-risk trajectory, the system can automatically initiate a short-term turbine shutdown to prevent a collision. This technology provides a significant operational advantage over lengthy, pre-scheduled shutdowns. The system is capable of detecting large birds from over 600 meters away and provides detailed event records for analysis, which are accessible via a web application. Bioseco's systems are designed for seamless integration with turbines from major manufacturers.
Keywords: bird protection system, wind farm safety, aviation safety, wildlife monitoring, environmental technology, avifauna protection, stereo-vision system, collision avoidance, renewable energy compliance, bird-strike prevention, airport fauna monitoring, environmental risk mitigation, machine learning, biodiversity, sustainable energy, cleantech, ornithology technology, bat protection, turbine shutdown mitigation, wildlife detection