Modvion

📍 Gothenburg, Sweden🗓 Founded 2015👥 49 employees💰 Last funded Jan 2023
We build wind turbine towers. In wood. Modvion accelerates the transition to renewable energy and materials by building wind turbine towers made from laminated wood – nature’s own carbon fibre. Wooden designs enable radical reductions in emissions by replacing emission-heavy material such as steel and concrete. Thanks to a patented modular system, Modvion has been able to develop wind towers that can reach the heights the wind power industry is striving for whilst remaining cost-efficient. The modules can be easily stacked on trucks and transported on roads, without the need for road closures and lengthy permit procedures. Modvions tower technology is the next generation of tall, carbon-neutral towers for the wind power industry - renewable energy built with renewable materials. The operation is part-financed by the Swedish Energy Agency, the Västra Götaland region and the EU program Horizon 2020 EIC Accelerator. 
5
Total investors
0
Early stage
2
Mid stage
3
Late stage
2015
Founded
Investor geography1 country
Sweden
4
Investor activity2019–2023 · investors recorded per year
20192202112022120231
Recent (last 2y)Earlier
Frequently asked questions
Who invested in Modvion?
Modvion has 5 investors on record on gritt.io, 2 mid-stage and 3 late-stage investors.
When did Modvion last raise funding?
The most recent investment in Modvion recorded on gritt.io was in January 2023.
When was Modvion founded?
Modvion was founded in 2015.
What industry is Modvion in?
Modvion operates in Civil Engineering. Find similar Civil Engineering investors on gritt.io.
Where is Modvion based?
Modvion is headquartered in Gothenburg, Sweden.