Vindmark

Vindmark

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Manufacture and sell innovative wind turbines with high and cost effective towers.

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DateInvestorsAmountRound

SEK6.0m

Early VC
Total Funding000k
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Vindmark Technologies AB operates in the renewable energy sector with a specific focus on wind power project development. Founded in 2011 by Gustaf Leijonhufvud and Tomas Lyrner, the Stockholm-based company has developed a technology platform aimed at the cost-effective development of wind energy projects, covering the entire process from initial exploration to the operational phase of wind turbines. Public information indicates the company is currently out of business as of January 2019.

The company's core business involved optimizing and repowering existing wind plants through circular methods. This approach centered on utilizing wind resources that had not been previously exploited, with the goal of increasing the return on invested capital for their clients. Vindmark's offering was highly technical, providing machinery and equipment based on proprietary wind turbine technology. The business model focused on enhancing the sustainability and circularity of wind power, aiming to play a significant role in a sustainable future. The company's project portfolio exceeded 200 MW.

Vindmark secured an undisclosed amount of seed funding on December 5, 2014, in a round led by Almi Invest. Over its history, the company raised a total of $1.46 million. One source indicates the company was founded in 2008 and became inactive in 2019. The founders were identified as Gustaf Leijonhufvud, who served as Founder & Chairman, and Tomas Lyrner, the Co-Founder. The firm also holds patents, including one for a system and method for refurbishing a wind turbine, highlighting its work in the field.

Keywords: wind power development, renewable energy, circular repowering, wind turbine optimization, wind energy projects, sustainable energy, alternative energy equipment, wind plant repowering, energy technology, Gustaf Leijonhufvud, Tomas Lyrner, Almi Invest, Stockholm, wind turbine refurbishment, wind resource utilization, energy project portfolio, sustainable electricity

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