Tech Company Financing Transactions
Makani Power Funding Round
GV participated in a $5 million Series A funding round for Makani Power. The round was announced on 8/22/2008.
Transaction Overview
Company Name
Announced On
8/22/2008
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Series A
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Acquired or Merged
Industry
Alternative Energy
Mailing Address
2175 Monarch Street
Alameda, CA 94501
USA
Alameda, CA 94501
USA
Phone
Website
Email Address
Overview
Makani Power is developing Airborne Wind Turbines (AWT) to extract energy from powerful, consistent winds at altitude. Makani AWTs will produce energy at an unsubsidized real cost competitive with coal-fired power plants, the current benchmark of the lowest cost source of power.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Don Montague
VP - Engineering
Damon Lind
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Prev: 8/21/2008: Exagen Diagnostics venture capital transaction
Next: 8/22/2008: Dizzywood venture capital transaction
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Where The Data Comes From
We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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