# FloDesign Wind Turbine

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/flodesign-wind-turbine

- Industry: Renewable Energy
- Headquarters: Wilbraham, US
- Website: www.fdwt.com
- Total disclosed funding: $41M
- Latest round: Series B (Jan 20, 2010)
- Investors on record: 4

## About

FloDesign Wind Turbine is an innovative company specializing in advanced wind turbine technology designed to enhance energy efficiency and sustainability in wind energy production.FloDesign Wind Turbine operates in the renewable energy sector, focusing on the development of efficient wind turbine solutions. The company, founded in Wilbraham, US, has undergone strategic pivots to emphasize turbine efficiency. In 2012, Massachusetts Clean Energy Center exited the company, indicating a significant moment in its operational history. The company has engaged in a total of 4 deals, with its most recent deal dated June 1, 2012, during which it raised USD 3.00 mn in funding from Massachusetts Clean Energy Center. The total amount raised by the company stands at USD 3.00 mn.FloDesign Wind Turbine primarily specializes in wind turbine technology aimed at improving energy generation efficiency. The company designs and develops innovative turbines that cater to both commercial and utility-scale applications, providing solutions that enhance wind energy capture and conversion. Their engineering-focused approach ensures that the products are optimized for performance in various wind conditions, contributing to the broader goal of sustainable energy production.FloDesign Wind Turbine generates revenue through the sale of its wind turbine solutions, engaging directly with energy companies and utility providers. The business model is structured around direct sales and partnerships, enabling clients to invest in advanced wind power technology. Specific pricing structures are tailored to the needs of clients based on project requirements, but exact details are not publicly detailed.FloDesign Wind Turbine plans to expand its operations by launching new turbine models that are currently in development, with an aim to enhance efficiency and functionality. The company is targeting expansion into European and Asian markets by 2025, capitalizing on the growing demand for renewable energy solutions. Recent funding of USD 3.00 mn will support these initiatives, allowing the company to invest in research and development for future turbine designs and to establish partnerships in new regions.

## Funding rounds

- Series B, Jan 20, 2010, $35M — Kleiner Perkins, Technology Partners, VantagePoint Capital, Goldman Sachs Asset Management
- Series A, Jun 1, 2008, $6M — Kleiner Perkins

## Investors

- Kleiner Perkins (https://capitalatlas.ai/funds/kleiner-perkins) — Series A, Series B
- Technology Partners — Series B
- VantagePoint Capital (https://capitalatlas.ai/funds/vantagepoint-capital) — Series B
- Goldman Sachs Asset Management (https://capitalatlas.ai/funds/goldman-sachs-asset-management) — Series B