TwingTec closes financing round | The Swiss Startup News channel

Funding Rounds

Summary

Now it’s the time to optimize the system and set up the stage for the first full scale pilot project. With our excellent partners we are in a perfect position to achieve our goals.” TwingTec is developing the next generation of wind energy technology: TwingPower. By using a Twing, short for tethered wing, wind energy up to 300 meters above the ground can be efficiently harnessed. A unique launching and landing solution using on-board propulsion has been demonstrated that enables a compact and mobile system to be realized. The culmination of more than 5 years of R&D in leading academic and research institutes in Switzerland, the TT100 offers a flexible and scalable mobile wind energy system for off-grid power supply applications.

$ Funding

$
Amount - Total raised
Date December 23, 2015 Announcement date
Investors - Lead investors
Company - Funded company

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