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