# Windar Photonics

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/windar-photonics

- Industry: Renewable Energy
- Headquarters: Copenhagen, Denmark
- Website: www.windarphotonics.com
- Total disclosed funding: $1.3M
- Latest round: Seed (Sep 1, 2011)
- Investors on record: 1

## About

Windar Photonics develops advanced LiDAR-based solutions that optimize wind energy performance, focusing on innovative products for effective wind turbine management and efficiency improvement.Founded in 2008 in Copenhagen, Denmark, Windar Photonics designs and manufactures LiDAR systems for the wind energy sector. The company has engaged in 5 deals, with its most recent funding round occurring in March 2015, during which it raised GBP 2.88 mn through a share sale at GBP 1.00 apiece. Jørgen Jensen serves as CEO.Windar Photonics specializes in LiDAR-based products, primarily the WindEYE™ and WindVISION™ systems. The WindEYE™, a 2-beam nacelle-mounted solution, enhances wind turbine performance by correcting yaw misalignments. Conversely, the WindVISION™ is a 4-beam LiDAR system designed for the initial design phase, measuring various wind dynamics. These products cater to OEMs and IPPs worldwide, particularly in fast-growing wind energy markets across Europe, North America, and certain regions in Asia.The company operates a B2B model, deriving revenue from the sale of its LiDAR solutions, WindEYE™ and WindVISION™, as integrated solutions for wind turbine systems. Pricing for WindEYE™ is approximately 80% lower than that of competitors, offering a strong value proposition. The revenue streams are enhanced through maintenance and integration services, allowing for retrofitting on existing turbines or direct integration into new designs. For the most recent year, Windar Photonics reported an EBITDA of GBP 7,113.30.Windar Photonics aims to introduce new products and expand its footprint in the wind energy sector. Specific future products are in the design phase, targeting enhanced functionalities for existing systems. The company also plans to penetrate additional markets, particularly in Asia, by 2025. Funding from its March 2015 share sale will support these initiatives, enabling the development and rollout of new products while expanding market reach.

## Funding rounds

- Seed, Sep 1, 2011, $1.3M — SEED Capital

## Investors

- SEED Capital (https://capitalatlas.ai/funds/seed-capital) — Seed