You are viewing a limited version of this profile. To access i3's full capabilities.
Makani Power
Save
Company logo (jpg or png)
Parent company

Short description

Developer of high-altitude wind energy extraction technologies

Founded in 2006
Founded in

Company type Acquired 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

Ticker

Headquarters Alameda, CA Alameda, United States
Address
City
State
Zip
Country

Parent Companies

Updated by Cleantech Group on 02/19/2020

Traction
  • 1 M&A items
tags
Similar companies
Customers
Save
Date Company
Partnerships
Save
Date Partner Type
02/12/2019
Royal Dutch Shell Royal Dutch Shell
Shell has invested and partnered with the startup to help develop its offshore wind business.
View source    
Confirmed by Royal Dutch Shell
Development Partner
Investment Rounds
Save

IPO INFORMATION

Date

IPO status

IPO Type

Amount

Initial shares

Ticker symbol

Exchange listed

Prospectus URL

Prospectus

Source URL

Source

Description

Date Investors Type Amount
02/12/2019 Shell Ventures Shell Ventures , Alphabet Alphabet (2)
Post-money valuation of
Makani Power has become a subsidiary of Alphabet, spinning out of Google X after 13 years, thanks in part to a minority investment from Shell. The two hope to shift the technology from the land to offshore, where winds are stronger. The amount was undisclosed.
Growth Equity
Click to add IPO information
Products
Save
Product image Name Product status Revenue model Cost metrics
You are viewing a limited version of this profile. To access i3's full capabilities.
Back to top

Preload svg text font