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 |
|---|---|---|---|---|---|---|
| 13. Bankruptcy: Liquidation | 05-Dec-2024 | Completed | Bankruptcy: Liquidation | |||
| 12. Accelerator/Incubator | 19-Sep-2024 | Completed | Generating Revenue | |||
| 11. Accelerator/Incubator | 05-Jan-2023 | Completed | Generating Revenue | |||
| 10. Grant | 30-Jun-2019 | Completed | Generating Revenue | |||
| 9. Accelerator/Incubator | Completed | Generating Revenue | ||||
| 8. Early Stage VC (Series B) | 31-May-2017 | Completed | Generating Revenue | |||
| 7. Early Stage VC (Series A) | 23-Dec-2015 | Completed | Generating Revenue | |||
| 6. Grant | 03-Jul-2015 | Completed | Generating Revenue | |||
| 5. Early Stage VC | 25-Jun-2014 | $112K | $882K | Completed | Generating Revenue | |
| 4. Accelerator/Incubator | 09-Apr-2014 | $147K | $770K | 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 |
|---|---|---|---|---|---|
| AU-2015332778-A1 | Flying apparatus | Active | 14-Oct-2014 | ||
| AU-2015332778-B2 | Flying apparatus | Active | 14-Oct-2014 | ||
| EP-3206949-A1 | Flying apparatus | Active | 14-Oct-2014 | ||
| EP-3206949-B1 | Flying apparatus | Active | 14-Oct-2014 | ||
| US-10648455-B2 | 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 $2.81M.
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