Funding Details
- Awarder
- SemiNews
- Date Award
- September 28, 2023
- Vertical
- Energy
- Funding URL
- View Funding Page
Company Info
- Founding Year
- 2017
- Traction
- The company has achieved a 99% export rate and a revenue of 10 million Euros this year, reaching profitability. The Near East region currently accounts for approximately 70% of their sales.
- Revenue Amount
-
$10,000,000
- Founders
- Norbert Juschicz, Willibald Bacher
- Company Description
- Greenwood Power specializes in manufacturing Strom- and Spannungssensors for gas- and luftisolierte Ortsnetzstationen, essential for building Smart Grids. Their patented products aid in stabilizing power grids against production and demand fluctuations caused by renewable energy sources like solar and wind power.
- Market
- Renewable Energy
- Location
-
Brunn am Gebirge,
Niederösterreich,
Austria
- Coinvestors
- eQventure, tecnet equity
Links