Startup · Iceland
IceWind
HQ Reykjavik, IcelandFounded 20121-10 employeesUpdated
Develops small vertical-axis wind turbines and deployable microgrid technology for remote and harsh environments.
Funding3 rounds
- Equity raised
- Undisclosed
- Debt, secondaries & grants
- $370K + ISK 19M
- Latest
- $370KGrant · Dec 19, 2016
| Announced | Stage | Amount | Valuation | Lead investors | Other investors | Confidence |
|---|---|---|---|---|---|---|
| Dec 19, 2016 | Grant | $370K | — | — | — | Reported |
| Mar 1, 2014 | Grant | 6.0M ISK | — | — | — | Reported |
| Mar 1, 2013 | Grant | 13.0M ISK | — | — | — | Reported |
- Grant$370KDec 19, 2016
- Grant6.0M ISKMar 1, 2014
- Grant13.0M ISKMar 1, 2013
Raised counts equity rounds; debt, secondary sales and grants are totaled separately. Amounts in other currencies are converted at the announcement month's average rate. A ~ marks an estimated or converted amount.
Systems3
Newest unveiled first. Systems that belong to a government program link to the program page, where variants, costs and contracts are.
Capabilities1
| Technology | Role | Maturity | TRL | Notes | Confidence |
|---|---|---|---|---|---|
| Power, grids and energy storage | Developer | — | — | classify_sectors run 37, haiku, taxonomy 2026-10-18b: Small wind turbines and deployable microgrids for remote environments; no defense use is stated. | Reported |
- Developerclassify_sectors run 37, haiku, taxonomy 2026-10-18b: Small wind turbines and deployable microgrids for remote environments; no defense use is stated.—Reported
Maturity and TRL describe this organization's work; the field-wide maturity is on each technology's page.
People1
| Person | Role |
|---|---|
| Sæþór Ásgeirsson | CEO |
Sources4
Profile2
- 1CompanyExtreme Energy Solutions
IceWind · Supports Organization · description
“We develop robust vertical axis wind turbines, designed to withstand all weather conditions and be installed in even the most remote locations”
- 2
Defence Finance Monitor · Supports Organization · name
“IceWind – Strategic-Technological Analysis (Icelandic Micro-Wind Turbines)”
Systems1
- 3CompanyExtreme Energy Solutions
IceWind · Supports System
“RW600 The 600 W vertical-axis wind turbine. A solution designed to deliver reliable power for remote telecommunications and critical infrastructure. Design enables installation close to the ground or on existing structures.”
Funding1
- 4DatabaseIceWind company profile
Octen Business Search · Supports Funding round, Organization · employee range, Organization · founded year, Organization · hq city, Role
“funding round: Grant, 2013-03-01, ISK 13,000,000, lead: Technology Development Fund”
Each fact on this page is attached to the sources that support it. Archived copies are linked when we keep one.