Vestas Ventures
Vestas Ventures is the corporate venture capital arm of Vestas Wind Systems A/S, the world’s leading wind turbine manufacturer. We focus on supporting Vestas on its journey to becoming the global leader in sustainable energy solutions.
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Our investment areas
Long duration energy storage and flexibility solutions
- Technologies and solutions for long duration energy storage
- Energy storage management systems
- Solutions to improve grid flexibility and stability
Power to X
- Indirect electrification (e.g. within cement and steel)
- Integration of renewables and electrolysis
- Closely aligned to Vestas' Power-to-X strategy
‘High value’ generating wind solutions
- Global Leader in Sustainable Energy Solutions
- Emerging technologies and solutions that improve the attractiveness of utility- scale wind energy
- Focus on solutions within onshore, offshore and service within both
Sustainable and advanced materials for wind turbines
- Innovative solutions to support Vestas' Sustainability Strategy
- New and advanced materials to improve circularity and recyclability of product portfolio
- Potentially within design, manufacturing, decommissioning and procurement.
Portfolio investments
BladeRobots offer a unique, automated robotic solution for blade leading edge maintenance. The highly efficient and scalable solution was originally developed and incubated in the Innovation and Concepts department at Vestas. Vestas Ventures led the spin out of BladeRobots in December 2022 to accelerate global commercialisation.
Hysata is an Australian electrolyser company developing a new type of breakthrough hydrogen electrolyser with a novel cell architecture. Hysata’s mission is to accelerate the world’s shift away from fossil fuels to green hydrogen by delivering the world’s most efficient, simple, and reliable electrolyser. Vestas Ventures invested in Hysata in July 2022, as we see great potential in combining wind power with electrolysers for green hydrogen production.
Swedish developer of patented wind turbine towers made from sustainably-sourced engineered wood products. The modular tower design allows for ease of transportation with an ability to increase HUB height while descreasing costs and CO2 emissions from wind turbine towers. Vestas Ventures invested in Modvion, January 2021 to support and accelerate the deployment of sustainable Modvion towers.
Swedish developer and manufacturer of lithium-ion batteries for automotive, grid storage and industrial applications. Northvolt Ett, the company’s first Gigafactory powered 100% by renewable energy, will produce 16Gwh of battery capacity to be scaled up to 40GWh. In 2019, Northvolt raised capital from BMW, Goldman Sachs, Siemens, Scania and IKEA. Vestas has successfully engaged in several projects with Northvolt.
Swedish green tech company Skyrex, a subsidiary of Stena AB, which has developed the Salamander Quick Lift Crane Technology featuring a new top crane technology enabling heavy lifts on hub heights well beyond 200 metres. The crane can operate in higher wind speeds and requires a smaller pad onsite. Vestas Ventures invested in Skyrex Salamander Quick Lift Crane Technology in August 2021 to further strengthen its position as global leader in sustainable energy solutions and to reduce carbon emissions from its value chain.
Contact us
If you are ready for the next step, get in touch with us and provide some background to your story including pitch deck.
Important note: Please be advised that Vestas conducts research and development on a broad scale. To avoid any risk of confusion over ownership, please do not send any confidential information or trade secrets to Vestas. Share only non-confidential information which focuses on high-level descriptions.
