Product Reports Resources Pricing Login Book a demo
COMPANY PROFILE

Modvion

Explore full profile

Modvion accelerates the transition to renewable energy and materials by building tall wind turbine towers in engineered wood

Göteborgs Stad, SwedenFounded 2016Energy
Valuation $5–10M Last recorded · 2021
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Modvion and the history behind them.

About Modvion

Modvion builds modular wind turbine towers in wood. - Drives down cost per KWh - Maximizes site potential - Reduces wind power carbon emissions by 30%.

Modvions innovative modular tower construction offers hub heights of up to 200 meters, addressing the need for taller towers for the most powerful onshore wind turbines. This game-changing innovation has the potential to reshape the wind energy landscape. By transporting the tower in modules, Modvion simplifies transportation using standard trucks on standard roads.

In addition, by switching to a wooden tower, carbon emissions are reduced dramatically during manufacturing while the material itself stores carbon. The result is a carbon negative component, storing more CO2 than is emitted during production. The laminated wood that the modules are made from has a better strength-to-weight ratio than the types of steel used for wind turbine towers, enabling lighter towers. The technology enables cost-effective and tall towers compared to traditional steel towers.

Source: Dealroom company data

At a glance

Founded
2016
Headquarters
Göteborgs Stad, Sweden
Sector
Energy

Investors

14 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed6 investors entered at this stage

  • MassChallenge
  • EIT Climate KIC
  • Vinnova
  • European Innovation Council
  • European Commission
  • EU Innovation Fund

Series A8 investors entered at this stage

  • EIC Fund
  • Vestas Ventures
  • Klimatet Invest
  • Chalmers University of Technology
  • Symbia VC
  • Almi Invest
  • Course Corrected
  • CMPC
Team profiled 10 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
3 countries with
team presence
🇸🇪 Sweden90.9%
🇩🇰 Denmark6.1%
🇬🇧 United Kingdom3%
3 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Modvion on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

See Modvion on the full Dealroom platform

Live deal flow, founder pedigree, hiring signals, revenue trajectory, and the full cap table.