Kite Power Systems Overview
- Year Founded
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2011
- Status
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Acquired/Merged
- Employees
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31
- Latest Deal Type
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M&A
- Investors
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1
Kite Power Systems General Information
Description
Operator of a disruptive technology platform intended to produce renewable energy from the wind. The company's platform develops onshore and offshore kite arrays and offers a technology that can be deployed in locations where conventional wind cannot reach, enabling consumers to access renewable energy, reduce dependency on fossil fuels, secure energy, and reduce the impact of climate change.
Contact Information
Website
www.kps.energyCorporate Office
- 103 West Regent Street
- Glasgow G2 2DQ
- Scotland, United Kingdom
Corporate Office
- 103 West Regent Street
- Glasgow G2 2DQ
- Scotland, United Kingdom
Kite Power Systems Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Merger/Acquisition | 27-Feb-2020 | Completed | Generating Revenue | |||
| 6. Later Stage VC | 22-Aug-2017 | Completed | Generating Revenue | |||
| 5. Later Stage VC | 16-Dec-2016 | Completed | Generating Revenue | |||
| 4. Grant | 01-Jun-2016 | Completed | ||||
| 3. Grant | 23-Feb-2016 | Completed | Startup | |||
| 2. Seed Round | 01-Sep-2014 | $3.32M | Completed | Startup | ||
| 1. Corporate | $3.32M | $3.32M | Completed | Startup |
Kite Power Systems Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series A2 | ||||||||
| Series A1 | ||||||||
| Series A | 484,000 | $1.301600 | $13.02 | $13.02 | 1x | $13.02 | 48.4% |
Kite Power Systems Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Kite Power Systems Patents
Kite Power Systems Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| GB-201916405-D0 | Wind power generation system comprising a tethered aerial vehicle | Inactive | 11-Nov-2019 | ||
| GB-201916404-D0 | Improvements in or relating to spar components for airborne power generation | Inactive | 11-Nov-2019 | ||
| GB-201703322-D0 | Kite systems | Inactive | 01-Mar-2017 | ||
| GB-201803335-D0 | Kite systems | Inactive | 01-Mar-2017 | ||
| GB-201703337-D0 | Kite winch | Inactive | 01-Mar-2017 | F03D5/06 |
Kite Power Systems Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Kite Power Systems Former Investors (8)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Department for International Trade | Government | |||
| Department of Energy and Climate Change | Government | Minority | ||
| E.ON Strategic Co-Investments | Corporate Venture Capital | Minority | ||
| Schlumberger | Corporation | Minority | ||
| Scottish Enterprise | Government | Minority |
Kite Power Systems FAQs
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When was Kite Power Systems founded?
Kite Power Systems was founded in 2011.
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Where is Kite Power Systems headquartered?
Kite Power Systems is headquartered in Glasgow, United Kingdom.
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What is the size of Kite Power Systems?
Kite Power Systems has 31 total employees.
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What industry is Kite Power Systems in?
Kite Power Systems’s primary industry is Alternative Energy Equipment.
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Is Kite Power Systems a private or public company?
Kite Power Systems is a Private company.
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What is Kite Power Systems’s current revenue?
The current revenue for Kite Power Systems is .
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How much funding has Kite Power Systems raised over time?
Kite Power Systems has raised $12.2M.
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Who are Kite Power Systems’s investors?
Department for International Trade, Department of Energy and Climate Change, E.ON Strategic Co-Investments, Schlumberger, and Scottish Enterprise are 5 of 8 investors who have invested in Kite Power Systems.
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When was Kite Power Systems acquired?
Kite Power Systems was acquired on 27-Feb-2020.
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Who acquired Kite Power Systems?
Kite Power Systems was acquired by Kitemill.
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