Kite Power Systems
Kite Power Solutions is a business developing a disruptive technology to produce renewable energy from the wind.
Business Model:
Revenue: $0
Employees: 11-50
Industries / Tags:
Detailed Kite Power Systems Information
Geographic Data
Address:
City: Glasgow
State: Glasgow City
Zip:
Country: United Kingdom
Financial Info
Stage:
series unknown
Raised Last:
$3M
Raised Total:$10M
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0Website Global Rank
0Website Monthly Traffic
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Description
Kite Power Solutions (KPS) was founded in 2011 in Burnham-on-Crouch, Essex, UK to develop a low cost solution to harness energy from the wind using kites. The company is developing a twin-kite system that is reliable and efficient, capable of delivering clean, cheap energy at utility scale. KPS aims to provide energy at a lower cost that of wind turbines, while using 85 per cent less material. Its technology is safe, backed by continuous testing and development since 2011. KPS has received funding from the UK Department of Energy and Climate Change (DECC) Energy Entrepreneurs Fund (EEF) and other private sector funders.
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| Announced Date | Company | Transaction | Money Raised |
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| Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 3/2016 | Grant | $1.4M | 6/2017 | Venture Round | 1 | $2.5M |
Scottish Investment Bank Scottish Investment Bank |
12/2016 | Venture Round | 3 | $6.3M |
E.ON Schlumberger Limited Shell Ventures E.ON Schlumberger Limited Shell Ventures |
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