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High Tech Series B Founded 2012

WindESCo

Provider of IoT-enabled sensor solutions for wind turbines. It uses smart sensors, optimization algorithms, M2M communication, and IoT cloud computing to make the turbine more efficient. It has developed a platform that analyzes how wind farm operators measure and utilize the wind to maximize performance while protecting major components from damage. Founded in 2012, headquartered in Boston, United States. The…

📍 Boston, United States · Internet of Things Infrastructure,

Funding snapshot

Last roundSeries B
Amount$9M
Date28 July 2023
Total raised$30M
Team size12

About

Provider of IoT-enabled sensor solutions for wind turbines. It uses smart sensors, optimization algorithms, M2M communication, and IoT cloud computing to make the turbine more efficient. It has developed a platform that analyzes how wind farm operators measure and utilize the wind to maximize performance while protecting major components from damage. Founded in 2012, headquartered in Boston, United States. The company has raised $30.4M in funding at the series b stage. The company operates in the Internet of Things Infrastructure sector with additional focus on Facility Management Tech and Sensors. Its business model centers on Sensors. Founded in 2012, headquartered in Boston, United States. The company has raised $30.4M at the Series B stage. Backed by investors including ABB, WAVE Equity Partners, Tenaska, Phoenix Contact Innovation Ventures, UPC Capital Ventures.

Business model

Internet of Things Infrastructure > IoT Devices > Sensors,

Energy Efficiency Tech > ESCO > Project Management,

Renewable Energy Tech > Wind Energy > Wind Farm IT > Operations and Maintenance > Turbine Monitoring,

Sensors > Industry Applications > Energy,

Photonics > Optoelectronics > Fibre Optic Sensors,

Facility Management Tech > Building Management > Building Energy Management

Institutional investors

WAVE Equity Partners Tenaska Phoenix Contact Innovation Ventures UPC Capital Ventures

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