Northern Power Systems
Latest round
- Series B
Last raised
- Nov 2009
Total raised
- $37M
Investors
- 4
About Northern Power Systems
Northern Power Systems, Inc.Northern Power Systems, Inc. specializes in wind energy solutions, providing reliable wind turbine products. Founded in 1974 in Barre, US, the company has undergone strategic pivots to focus on sustainability in energy. CEO Reinout Oussoren leads a team recognized for their extensive industry experience.Northern Power Systems specializes in high-performance wind energy solutions, providing a range of tailored products designed to enhance energy efficiency while reducing operational costs for diverse industries. The company’s core product offerings include advanced wind turbines engineered for maximum reliability and performance in various environments, including commercial, agricultural, and remote off-grid applications. With over 40 years of industry expertise, Northern Power has developed turnkey solutions that encompass planning support, installation, and ongoing maintenance services.Northern Power Systems operates through a business model that emphasizes direct sales and partnerships with clients across various sectors, including agriculture and commercial industries. The company generates revenue primarily through the sale of its wind turbines, as well as comprehensive service packages that include installation, operation, and maintenance support. Pricing structures for their products and services are aligned with current market demands, reflecting the advanced technology and reliability of their flagship wind turbines, such as the Arctic turbine designed for extreme cold climates. Revenue transactions typically occur through direct contracts with businesses, facilitating long-term partnerships focused on sustainability and energy cost reduction.Northern Power Systems aims to advance its product offerings by launching new wind turbine models designed for enhanced performance in various climates. The company plans to expand its market reach into international regions, specifically targeting Europe and Asia, by 2025.
Who invested in Northern Power Systems
4 investors across 2 rounds
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Questions about Northern Power Systems
Who invested in Northern Power Systems?
Northern Power Systems has 4 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Northern Power Systems raised?
Northern Power Systems has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Northern Power Systems last raise money?
Northern Power Systems's most recent round on record is a Series B, in Nov 2009.
What does Northern Power Systems do?
Northern Power Systems is a renewable energy company.
Where is Northern Power Systems headquartered?
Northern Power Systems is headquartered in Barre, US.
Which VCs invest in companies like Northern Power Systems?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back renewable energy companies at Northern Power Systems's stage. Their profiles are linked below.
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