TwingTec Overview
- Year Founded
-
2013

- Status
-
Private
- Employees
-
9

- Latest Deal Type
-
Liquidation
TwingTec General Information
Description
Developer of a containerized mobile wind energy system designed to harness wind energy to help fight climate change. The company's system unlocks the global wind energy potential, creating a future where electricity is produced efficiently and sustainably, enabling wind energy firms to generate energy in remote and off-grid areas, reducing diesel consumption and environmental impact.
Contact Information
Website
www.twingtec.chCorporate Office
- C/o Empa
- Überlandstrasse 129
- 8600 Dubendorf
- Switzerland
Corporate Office
- C/o Empa
- Überlandstrasse 129
- 8600 Dubendorf
- Switzerland
TwingTec Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
11. Bankruptcy: Liquidation | 05-Dec-2024 | Completed | Bankruptcy: Liquidation | |||
10. Accelerator/Incubator | 19-Sep-2024 | Completed | Generating Revenue | |||
9. Grant | 30-Jun-2019 | Completed | Generating Revenue | |||
8. Accelerator/Incubator | Completed | Generating Revenue | ||||
7. Early Stage VC (Series B) | 31-May-2017 | Completed | Generating Revenue | |||
6. Early Stage VC (Series A) | 23-Dec-2015 | Completed | Generating Revenue | |||
5. Grant | 03-Jul-2015 | Completed | Generating Revenue | |||
4. Early Stage VC | 25-Jun-2014 | Completed | Generating Revenue | |||
3. Accelerator/Incubator | 09-Apr-2014 | $147K | $657K | Completed | Generating Revenue | |
2. Accelerator/Incubator | 03-Oct-2013 | $509K | Completed | Generating Revenue |
TwingTec Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series B | ||||||||
Series A | ||||||||
Ordinary | 27,273 | $1.014592 | $3.72 | $3.72 | 1x | $3.72 | 6.68% | |
Ordinary | 70,000 | $1.014592 | $6.81 | $6.81 | 1x | $6.81 | 17.14% |
TwingTec Patents
TwingTec Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-20170248125-A1 | Flying apparatus | Active | 14-Oct-2014 | ||
CA-2964284-A1 | Flying apparatus for generating electrical energy | Active | 14-Oct-2014 | ||
CA-2964284-C | Flying apparatus for generating electrical energy | Active | 14-Oct-2014 | ||
AU-2015332778-B2 | Flying apparatus | Active | 14-Oct-2014 | ||
AU-2015332778-A1 | Flying apparatus | Active | 14-Oct-2014 | B64C29/0033 |
TwingTec Signals
TwingTec FAQs
-
When was TwingTec founded?
TwingTec was founded in 2013.
-
Where is TwingTec headquartered?
TwingTec is headquartered in Dubendorf, Switzerland.
-
What is the size of TwingTec?
TwingTec has 9 total employees.
-
What industry is TwingTec in?
TwingTec’s primary industry is Alternative Energy Equipment.
-
Is TwingTec a private or public company?
TwingTec is a Private company.
-
What is TwingTec’s current revenue?
The current revenue for TwingTec is
. -
How much funding has TwingTec raised over time?
TwingTec has raised $2.69M.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read blog » -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process »