# Aikido Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/aikido-technologies

- Industry: Industrial Machinery
- Headquarters: San Francisco, US
- Website: www.aikidotechnologies.com
- Total disclosed funding: $4M
- Latest round: Seed (Jun 10, 2024)
- Investors on record: 5

## About

Based in California, US, and founded in 2022 by CEO Sam Kanner, Bingbin Yu, and James Reeves, Aikido Technologies, Inc., a.k.a. Aikido Technologies operates as a floating wind company that focuses on providing solutions to drive down the cost and enable the serial production of floating wind systems. In June 2024, Aikido Technologies, Inc. raised approximately USD 4 million in seed funding led by Azolla Ventures, with participation from Propeller, Sabanci Ventures, Cisco Systems Foundation, and Anthropocene Ventures.

The company provides a semi-submersible platform designed for the horizontal transport of fully assembled floating wind turbines, compatible with PANAMAX restrictions for shallow water ports. The firm also offers an Aikido Turbine, tailored for floating environments, that reduces platform cost and weight and features an optimized rotor design.

The company plans to use its proceeds from June 2024 funding to advance its technology for offshore deployment, establish its team, and develop a commercial pipeline.

## Funding rounds

- Seed, Jun 10, 2024, $4M — Cisco Systems Foundation, Azolla Ventures, Anthropocene Ventures, Sabanci Ventures, Propeller

## Investors

- Cisco Systems Foundation — Seed
- Azolla Ventures (https://capitalatlas.ai/funds/azolla-ventures) — Seed
- Anthropocene Ventures (https://capitalatlas.ai/funds/anthropocene-ventures) — Seed
- Sabanci Ventures (https://capitalatlas.ai/funds/sabanci-ventures) — Seed
- Propeller — Seed
