Modvion Overview
- Year Founded
-
2016
- Status
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Private
- Employees
-
42
- Latest Deal Type
-
Grant
- Latest Deal Amount
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$45.7M
- Investors
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17
Modvion General Information
Description
Developer of modular wind turbine towers designed to support renewable energy generation using engineered wood structures. The company offers prefabricated wooden tower components with lightweight construction and scalable assembly, enabling wind energy developers and operators to deploy turbines with reduced environmental impact and simplified transportation and installation.
Contact Information
Website
www.modvion.comCorporate Office
- Transportgatan 39
- Hisings Backa
- 422 46 Gothenburg
- Sweden
Corporate Office
- Transportgatan 39
- Hisings Backa
- 422 46 Gothenburg
- Sweden
Modvion Timeline
Modvion Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 15. Grant | 29-Apr-2026 | $45.7M | Completed | Generating Revenue | ||
| 14. Accelerator/Incubator | 22-Jan-2026 | Completed | Generating Revenue | |||
| 13. Accelerator/Incubator | 09-Jul-2024 | Completed | Generating Revenue | |||
| 12. Later Stage VC | 06-May-2024 | Completed | Generating Revenue | |||
| 11. Accelerator/Incubator | 28-Mar-2024 | Completed | Generating Revenue | |||
| 10. Later Stage VC | 30-Jun-2023 | Completed | Generating Revenue | |||
| 9. Accelerator/Incubator | Completed | Generating Revenue | ||||
| 8. Later Stage VC | 21-Dec-2021 | Completed | Generating Revenue | |||
| 7. Later Stage VC | 28-Jan-2021 | $8.61M | $10M | Completed | Generating Revenue | |
| 6. Grant | 15-Jun-2020 | $2.69M | $1.37M | Completed | Generating Revenue |
Modvion Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Preference | ||||||||
| Preference | ||||||||
| Preference | 7,500 | $91.09 | $91.09 | 1x | $91.09 | 0.9% | ||
| Preference | 10,800 | $46.1 | $46.1 | 1x | $46.1 | 1.3% |
VC Exit Predictor
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Opportunity Score
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Exit Type
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Modvion Comparisons
Industry
Financing
Details
Modvion Competitors (12)
One of Modvion’s 12 competitors is SkyWolf Wind Turbines, a Angel-Backed company based in Geneseo, NY.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| SkyWolf Wind Turbines | Angel-Backed | Geneseo, NY | ||||
| GRI Renewable Industries Group | Corporate Backed or Acquired | Madrid, Spain | ||||
| Enercon | Private Debt Financed | Aurich, Germany | ||||
| Max Bögl | Corporation | Sengenthal, Germany | ||||
| my!Wind | Venture Capital-Backed | Polvamaa, Estonia |
Modvion Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Modvion Patents
Modvion Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| WO-2026229378-A1 | Method for forming a glue joint structure and glue joint structure | Pending | 30-Apr-2025 | ||
| WO-2023075668-A1 | Modular mould for a press for producing a curved laminated veneer lumber module | Inactive | 29-Oct-2021 | ||
| EP-4422857-A1 | Press and method for producing a curved laminated veneer lumber module | Inactive | 29-Oct-2021 | ||
| EP-4422857-A4 | Press and method for producing a curved laminated veneer lumber module | Inactive | 29-Oct-2021 | ||
| US-20260124781-A1 | Press and method for producing a curved laminated veneer lumber module | Pending | 29-Oct-2021 | B27D1/08 |
Modvion Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Modvion Investors (17)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Energimyndigheten | Government | |||
| Cleantech Scandinavia | Accelerator/Incubator | |||
| Alongside (Human Capital Services) | VC-Backed Company | Minority | ||
| CMPC Ventures | Corporate Venture Capital | Minority | ||
| EIC Scaling Club | Accelerator/Incubator |
Modvion Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Modvion Spv1 | Hisings Backa, Sweden | 2021 |
Modvion FAQs
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When was Modvion founded?
Modvion was founded in 2016.
-
Where is Modvion headquartered?
Modvion is headquartered in Gothenburg, Sweden.
-
What is the size of Modvion?
Modvion has 42 total employees.
-
What industry is Modvion in?
Modvion’s primary industry is Energy Infrastructure.
-
Is Modvion a private or public company?
Modvion is a Private company.
-
What is Modvion’s current revenue?
The current revenue for Modvion is .
-
How much funding has Modvion raised over time?
Modvion has raised $30.6M.
-
Who are Modvion’s investors?
Energimyndigheten, Cleantech Scandinavia, Alongside (Human Capital Services), CMPC Ventures, and EIC Scaling Club are 5 of 17 investors who have invested in Modvion.
-
Who are Modvion’s competitors?
SkyWolf Wind Turbines, GRI Renewable Industries Group, Enercon, Max Bögl, and my!Wind are some of the 12 competitors of Modvion.
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