G
Gazelle Wind Power
Energy · Viana do Castelo, Portugal · Founded 2020
Lightweight, modular floating platforms for offshore wind. MoreLess
Gazelle Wind Power, founded in 2020 by Jon Salazar, is an engineering company developing a next-generation floating platform for offshore wind energy. The company is headquartered in Dublin, Ireland, with a significant operational base in Viana do Castelo, Portugal, placing it in a key region for Europe's offshore wind industry. Salazar, a serial entrepreneur with a background in management consulting at Deloitte and business development, established Gazelle to address the high costs and logistical challenges of deploying wind turbines in deep-water locations.
The company’s core product is a hybrid floating wind platform that combines elements of semi-submersible and tension-leg systems. Its patented design features a unique geometry with a central counterweight and a dynamic mooring system. This configuration is engineered to separate buoyancy and stability functions, allowing the platform to move with wind and waves while minimizing tilting and without requiring active ballast systems. This results in a lighter, more compact structure that requires significantly less steel, thereby reducing capital expenditures (CAPEX) and simplifying the supply chain. The platform's modular components can be manufactured in standard shipyards and assembled at ports near the wind farm, overcoming common infrastructure limitations.
Gazelle Wind Power's business model appears to focus on technology development, partnerships, and project deployment. The company collaborates with developers, EPCs (Engineering, Procurement, and Construction firms), and industrial partners to conduct studies and deliver its technology for large-scale projects. A key milestone is the development of its 2MW grid-connected demonstrator project, 'Nau Azul', at a site off the coast of Aguçadoura, Portugal, which previously hosted an early floating wind pilot. To advance this project and support growth, Gazelle has secured significant funding, including an €11.4 million round in late 2024 led by Indico Capital Partners, and a subsequent €2 million from Portugal's sovereign bank, Banco Português de Fomento, in 2025. Strategic partnerships have been formed with companies like WAM Horizon for project development, Tugdock to create a modular assembly system, and Blue Aspirations to integrate smart LiDAR sensor technology.
Keywords: floating offshore wind, deep-water wind energy, renewable energy platform, levelized cost of energy (LCOE), modular wind platform, dynamic mooring system, offshore wind technology, wind turbine foundations, Jon Salazar, Nau Azul project, Aguçadoura, clean energy, sustainable technology, wind energy developer, marine engineering, CAPEX reduction, OPEX optimization, hybrid floating platform, tension-leg platform, semi-submersible platform, Portugal renewable energy, Indico Capital Partners
Company overview
Gazelle Wind Power company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2020
- Headquarters
- Viana do Castelo, Portugal
- Employees
- 24
- Open positions
- 2
- Dealroom signal
- 81.5
- Investment activity
- 1 companies · latest May 2023
- Capital deployed
- —
- Preferred round
- ACQUISITION
Valuation & funding
Gazelle Wind Power funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| GRANT✓Other financing | May 2025 | $2.2M | — | Banco Português de Fomento | — |
| EARLY VC✓Equity / VC | Nov 2024 | $12M | $48M | E2IN2 · Indico Capital Partners · August One | ↗ |
| EARLY VC✓Equity / VC | Dec 2021 | $8.7M | $35M | Katapult Ocean | ↗ |
| DEBT✓Debt | Aug 2021 | $2.7M | — | Valentin de Torres · Zach Mecelis · Peter Murphy · Solanot del Pino | — |
| SEED✓Equity / VC | Aug 2021 | $1.3M | $5.2M | Valentin de Torres · Solanot del Pino · Zach Mecelis · Peter Murphy | — |
Financials
Revenue, earnings and profit over time
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Growth signals
Gazelle Wind Power website traffic
Latest recorded traffic for Gazelle Wind Power is 80 monthly website visits, down 95.6% over the last three months. Gazelle Wind Power's team declined 4% over the past year.
Hiring
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Comparisons
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Capital deployed
Gazelle Wind Power investments and acquisitions
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Gazelle Wind Power's talent
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Investors
12 investors on Gazelle Wind Power's cap table
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Global footprint
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In the news
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Market sentiment
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