EXPONENTIAL RENEWABLES
Disrupting offshore wind
Barcelona, Spain · Founded 2017 · $2.9M raised
- Headquarters
- Barcelona
- Founded
- 2017
- Business Model
- B2B
- Website
- x1wind.com
- Total Funding
- $2.9M
- Last Round
- $2.9M Series AFeb 2022
- Rounds
- 2
About
X1 Wind (legally Exponential Renewables S.L.) is a technology company developing a disruptive floating offshore wind platform. Co-founded in Barcelona in 2017 by Alex Raventos and Carlos Casanovas — building on wind-platform research Casanovas began at MIT in 2012 — the company draws on more than 20 years of offshore renewable energy experience and has secured public and private funding from programs including CDTI, ENISA, and the EU's H2020/EIC Accelerator.
Summary
EXPONENTIAL RENEWABLES is a Clean Tech company based in Barcelona, Spain, founded in 2017. It has raised $2.9M in total across 2 rounds, most recently a $2.9M Series A round in Feb 2022. Investors include Technip Energies and European Innovation Council Fund.
Tech & App Stack
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Funding History
Feb 2022
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Grant through Series A — per-round amounts, valuations, and who invested in each round.
Investors
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