Nordic Windpower raises 38 MUSD

Nordic Windpower Raises $38 Million Equity Funding Led by Khosla Ventures
Nordic Windpower announced today that it has raised $38 million in a new financing round led by Khosla Ventures, a premier investor in clean technology companies. Joining Khosla Ventures in the Series C equity financing are… http://www.nordicwindpower.com/press_release.html


Nordic’s technology dates back to a 20-year $75 million investment in R&D by the Swedish Government in 1975. Since acquiring the technology and receiving its first major funding in 2007, the Company has invested more than $36 million in technology improvements for increased efficiency, reliability and safety, as well as supply chain and market development initiatives. Nordic Windpower is US based, with corporate offices in Berkeley, California, manufacturing in Pocatello, Idaho, and engineering design in Bristol UK.