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InnoVentum
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Short description

Renewable energy solutions with smart and beautiful design

Founded in 2010
Founded in

Company type Private Public ()
Company type

Industry Group energy & power

Sector wind

TRL Range 7-8
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Sweden Malmö, Sweden
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Parent Companies

Updated by Ala Kazlova at InnoVentum on 09/07/2016

Edited by Cleantech Group on 07/30/2021

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Date Company
11/27/2015

Kraftringen Utility Kraftringen Utility

Leading utility company in South Sweden using the InnoVentum Giraffe 2.0 as charging station for EVs and electric bikes

Confirmed by Kraftringen Utility

Partnerships
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Date Partner Type
01/15/2016
Enphase Energy Enphase Energy
Co-marketing and technology partnership around flagship solar-wind hybrid installations, in particular, featuring the Giraffe 2.0
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Confirmed by Enphase Energy
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Investment Rounds
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IPO INFORMATION

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IPO status

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Description

Date Investors Type Amount
09/04/2014 Private Business Angels Private Business Angels (1)
Post-money valuation of $9M
Fourth stock issue attracting 15 private business angels from the US, Asia and Europe. This gives InnoVentum AB a total of 33 co-owners of which 7 are employees (all employees have stock)
Seed $1,100,000
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Products
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Product image Name Product status Revenue model Cost metrics

Giraffe 2.0

Giraffe 2.0 is a hybrid wind-solar power station & carport. It is comprised of a wooden structure supporting 24 PV modules & a wind turbine mounted at the 12 meter height. The Giraffe produces 15 000 kWh per year at 6m/s wind. The design of the solution was released in 2014 at the Business of Design Week in Hong Kong. The turbine is certified with AWEA (USA), MCS (UK), Class NK (Japan).

Wide Commercial Availability Products - Retail
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