Total Funding
71
65
Total FundingGrant raised
Growth Score
-4 pts
Heat Score
-1 pts
Company Performance Metrics
Score
Trend
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Growth Score - The measure of growth based on company activity, operational metrics, and investments
Growth Trend - The change in the growth score over the given time period
Heat Score - The measure of the market interest, media activity, and Crunchbase profile activity
Heat Trend - The change in the heat score over the given time period
Recent Milestones
Raised Funding Round
Jan 1, 1970
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Raised Funding Round
Jan 1, 1970
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23039
Minesto manufactures subsea kite technology to generate renewable energy from tidal streams and ocean currents.
- Bernt Westre: Chief Technology Officer
- Magnus Landberg: Co-Founder
About the Company
Minesto develops and provides marine energy technology that converts movement in tidal streams and ocean currents into electrical power using subsea kite systems. Its product lineup centers on underwater kite power plants that harness predictable water flows to generate electricity, supported by services such as site development, installation
support, and operations and maintenance. The company also offers technical evaluations for potential tidal sites to help energy project developers assess feasibility. Minesto’s technology aims to create grid-connected renewable energy from ocean resources through engineered systems and ongoing service offerings.
