Modvion Overview

  • Founded
  • 2016
  • Status
  • Private
  • Employees
  • 3
  • Latest Deal Type
  • Early Stage VC
  • Latest Deal Amount
  • $582K
Latest Deal Amount
  • Investors
  • 3

Modvion General Information


Developer of modular wind power towers designed to facilitate transportation and streamlined installation of towers exceeding heights of 120 meters. The company develops modular wind power towers made of renewable composite that makes it easier to transport and build high towers and increase the production of electricity, enabling power plant construction businesses to reduce the cost of steel tower constructions and installations and make significant returns on wind technology investments.

Contact Information

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Alternative Energy Equipment
Other Industries
Machinery (B2B)
Other Equipment
Primary Office
  • Holtermansgatan 1D
  • 411 29 Göteborg
  • Sweden
+46 076-713 00 00

Modvion Timeline

Financing RoundCaptured Employee CountEstimated Employee Growth
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Modvion Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
4. Early Stage VC 23-Apr-2019 $582K 00000 Completed Startup
3. Accelerator/Incubator 10-Oct-2016 Completed Startup
2. Accelerator/Incubator 24-May-2016 Completed Startup
1. Accelerator/Incubator Completed Startup

Modvion Executive Team (5)

Name Title Board Seat Contact Info
Otto Lundman Co-Founder and Chief Executive Officer
Karin Björe Chief Financial Officer
Erik Dölerud Chief Technology Officer
David Olivegren Executive
Joakim Örneblad Co-Founder & Board Member

Modvion Board Members (1)

Name Representing Role Since
Joakim Örneblad Modvion Co-Founder & Board Member 000 0000

Modvion Investors (3)

To view Modvion‘s full investor history, request access »
Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Chalmers Ventures Venture Capital Minority 000 0000 000000 0
EIT Climate-KIC Accelerator/Incubator Minority 000 0000 000000 0
MassChallenge Accelerator/Incubator Minority 000 0000 000000 0

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