Gazelle Wind Power (Series A)

Funding Details
Awarder
Inbox
Date Award
November 14, 2024
Vertical
Sustainability
Funding URL
View Funding Page
Funding Amount:
$11,400,000

Company Info
Traction
The funding will accelerate the development of Nau Azul, Gazelle’s 2MW grid-connected demonstrator in Aguçadoura, Portugal.
Organizations Involved
Indico Capital Partners
Company Description
Gazelle Wind Power is a developer of floating offshore wind platform technology that addresses critical industry challenges like high mass production and installation costs, complex supply chain logistics, and limited suitable installation sites. Their patented dynamic mooring system reduces pitch and balances movement in response to external forces, including wind, waves, and tide.
Market
Offshore Wind Energy
Location
Aguçadoura, Portugal
Coinvestors
DST Group, August One, Wah Kwong, E2IN2

Links