Gazelle Wind Power, a Dublin, Ireland-based developer of a floating wind platform, raised $4m in funding.
This investment included:
- $1.3m in seed funding, and
- another $2.7m in strategic long-term financing.
Backers included E2IN2 founding partner Valentin de Torres-Solanot del Pino, along with Peter Murphy and Zach Mecelis, co-founders of Covalis Capital.
The company intends to use the funds to accelerate development of the first grid-connected demonstrator of the platform.
Gazelle Wind Power Limited is advancing a platform designed and engineered to enable floating offshore wind production in deeper waters farther out at sea. The company is based in Dublin and has a presence in Dubai, London, Madrid, and Paris.
FinSMEs
13/08/2021