Norsepower Overview
- Founded
- 2012
- Status
- Private
- Employees
- 23
- Latest Deal Type
- Later Stage VC
- Latest Deal Amount
- $8.91M
- Investors
- 13
Norsepower General Information
Description
Provider of cargo vessel auxiliary wind propulsion systems designed to reduce fuel consumption. The company's system is a proven, low-maintenance, easy to use and reliable fuel-saving technology to significantly reduce both fuel costs and greenhouse gas emissions of ships, enabling maritime industries to ensure their durability, safety, long lifetime, easy operations and low maintenance costs.
Contact Information
Website
www.norsepower.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Industrial Supplies and Parts
Other Industries
Electrical Equipment
Alternative Energy Equipment
Primary Office
- Tallberginkatu 2 A
- 00180 Helsinki
- Finland
+358 050 0000000
Norsepower Timeline
Norsepower Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 8. Later Stage VC | 23-Aug-2019 | $8.91M | 0000 | 000.00 | Completed | Generating Revenue/Not Profitable |
| 7. Later Stage VC | 25-Apr-2018 | 00.000 | 000.00 | 000.00 | Completed | Generating Revenue/Not Profitable |
| 6. Early Stage VC | 24-Aug-2016 | 00.000 | 000.00 | Completed | Generating Revenue/Not Profitable | |
| 5. Grant | 22-Jul-2016 | 00.000 | 000.00 | Completed | Generating Revenue/Not Profitable | |
| 4. Seed Round | 05-Feb-2016 | 00.000 | 000.00 | Completed | Generating Revenue/Not Profitable | |
| 3. Seed Round | 22-Dec-2015 | 00.00 | 00.000 | Completed | Generating Revenue/Not Profitable | |
| 2. Seed Round | 21-May-2015 | $2.79M | $5.79M | Completed | Generating Revenue/Not Profitable | |
| 1. Seed Round | 01-Oct-2013 | $3M | $3M | Completed | Generating Revenue/Not Profitable |
Norsepower Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| C Class | 00,000,000 | 00.00 | 00.00 | 00 | 00.00 | 00.000 | ||
| Ordinary | 0,000,000 | 00.00 | 00.00 | 00 | 00.00 | 00.000 |
Norsepower Executive Team (5)
Norsepower Board Members (7)
| Name | Representing | Role | Since |
|---|---|---|---|
| Christer Antson | Self | Board Member | 000 0000 |
| Erik Floman | Korkia | Board Member | 000 0000 |
| Jukka Kuuskoski | Norsepower | Chief Sales Officer & Board Member | 000 0000 |
| Kaius Nevaste | Norsepower | Chief Financial Officer & Board Member | 000 0000 |
| Moray Martin | Self | Board Member | 000 0000 |
Norsepower Signals
Growth Rate
0.80%
Weekly
Growth
Growth
Weekly Growth
0.80%, 93rd %ile
-35.5%.
530%
Size Multiple
219x
Median
Size Multiple
219x, 100th %ile
0.00x
0.95x.
413Kx
Key Data Points
Twitter Followers
5.5k
Similarweb Unique Visitors
15.0K
Majestic Referring Domains
314
PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.
Request a free trialNorsepower Investors (13)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|---|---|---|---|---|
| MB Martin & Partners | Venture Capital | Minority | 000 0000 | 000000 0 | |
| OGCI Climate Investments | Venture Capital | Minority | 000 0000 | 000000 0 | |
| European Commission | Government | 000 0000 | 000000 0 | ||
| Korkia | PE/Buyout | Minority | 000 0000 | 000000 0 | |
| Valve Ventures | Venture Capital | Minority | 000 0000 | 000000 0 |