# fos4X

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/fos4x

- Industry: Renewable Energy
- Headquarters: Munich, Germany
- Website: www.fos4x.de
- Total disclosed funding: $12M
- Latest round: Series B (Jun 15, 2018)
- Investors on record: 6

## About

fos4X GmbH specializes in advanced monitoring technologies and integrated solutions for wind turbines, focusing on enhancing operational efficiency and longevity through innovative sensor technologies.Founded in 2010 and headquartered in Munich, Germany, fos4X GmbH provides monitoring solutions for wind turbines. The company was acquired by PolyTech A/S, a portfolio company of Verdane Capital Advisors, in September 2020. The CEO is Kim Bertelsen, who has a background in technology and management.fos4X GmbH offers advanced monitoring technologies specifically designed for wind turbines. Their core products include innovative blade monitoring solutions that utilize fiber optic sensors to optimize the performance and maintenance of wind energy systems. These technologies are aimed at improving operational efficiency and extending the life of turbine components, serving clients in various markets including Europe, North America, and Asia.In the most recent fiscal year 2019, fos4X GmbH reported a revenue of EUR 7,733,120.20 and an EBITDA of EUR -2,309,064.20, reflecting the company's operational financial performance during that period.Following the Series B funding round, in which fos4X GmbH raised EUR 8.20 mn from investors including Bayern Kapital and Equinor Ventures, the company plans to invest in the development of new monitoring products aimed at enhancing turbine efficiency. Additionally, fos4X GmbH aims to expand its market presence in North America and Asia by 2023, leveraging recent funding to support these growth initiatives.

## Funding rounds

- Series B, Jun 15, 2018, $9.6M — High-Tech Gruenderfonds, Bayern Kapital, Unternehmertum Venture Capital, Falk Strascheg Holding GmbH, Equinor Ventures
- Series B, Feb 27, 2015, $2.6M — High-Tech Gruenderfonds, Bayern Kapital, Unternehmertum Venture Capital, Falk Strascheg Holding GmbH, Dr. Schulze Consulting and Holding GmbH
- Series A, Jun 12, 2013 — High-Tech Gruenderfonds, Bayern Kapital, Unternehmertum Venture Capital, Dr. Schulze Consulting and Holding GmbH
- Seed, May 4, 2012 — High-Tech Gruenderfonds, Bayern Kapital, Unternehmertum Venture Capital

## Investors

- High-Tech Gruenderfonds (https://capitalatlas.ai/funds/high-tech-gruenderfonds) — Seed, Series A, Series B
- Bayern Kapital (https://capitalatlas.ai/funds/bayern-kapital) — Seed, Series A, Series B
- Unternehmertum Venture Capital (https://capitalatlas.ai/funds/unternehmertum-venture-capital) — Seed, Series A, Series B
- Dr. Schulze Consulting and Holding GmbH — Series A, Series B
- Falk Strascheg Holding GmbH — Series B
- Equinor Ventures — Series B