# IQwind

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

- Industry: Renewable Energy
- Headquarters: Israel
- Website: www.iqwind.com
- Total disclosed funding: $0.5M
- Latest round: Series B (Jul 16, 2009)
- Investors on record: 2

## About

IQwind is an innovative company specializing in advanced wind turbine technologies that enhance energy efficiency and promote sustainability in the renewable energy sector.IQwind is focused on the design and development of wind energy solutions. The company has undergone strategic pivots to strengthen its market position and is headquartered in Israel. Chris Ling, the founder, has significant experience in the industry, which has contributed to IQwind's growth. In July 2009, IQwind raised USD 0.5 million in Series B financing from investor Israel G-Tek, bringing the total amount raised to USD 0.5 million.IQwind specializes in innovative solutions within the wind energy sector, focusing primarily on the design and development of advanced wind turbine technologies. Their core offerings aim to enhance energy efficiency and sustainability for both commercial and residential applications. The company targets a diverse clientele, including energy providers, large-scale industrial clients, and environmentally conscious consumers seeking renewable energy alternatives. These products are strategically marketed in North America and Europe, where there is a growing demand for sustainable energy solutions. By providing reliable and efficient wind energy systems, IQwind addresses critical energy challenges, such as reducing carbon footprints and transitioning towards renewable energy sources.IQwind generates revenue through a multi-faceted business model that incorporates direct-to-consumer sales alongside B2B partnerships with energy providers and industrial clients. The company’s revenue structure includes the sale of wind turbine units and associated technologies, typically involving both one-time equipment purchases and ongoing maintenance contracts. Transactions are frequently structured as long-term agreements, ensuring sustained revenue streams through service and support. Although specific pricing details are not publicly disclosed, the flagship products are expected to be competitively priced to appeal to a broad market segment while reflecting their advanced technological features. This comprehensive approach not only maximizes customer engagement but also solidifies IQwind's position in the renewable energy landscape.IQwind is focusing on developing new wind turbine models to enhance efficiency and functionality, with plans to launch these products by late 2010. The company is also exploring expansion into new markets in Asia and South America, targeting a completion date for market entry by mid-2011. The funding received from the Series B round will be utilized to support these initiatives, facilitating product development and market entry efforts.

## Funding rounds

- Series B, Jul 16, 2009, $0.5M — Israel G-Tek
- Series A, Jun 1, 2007 — Terra Venture Partners

## Investors

- Terra Venture Partners (https://capitalatlas.ai/funds/terra-venture-partners) — Series A
- Israel G-Tek (https://capitalatlas.ai/funds/israel-g-tek) — Series B