From its official inception in 2007, IQWind has since been focusing primarily on R&D and business development activities. In addition, the company has developed an IP strategy and is currently filing a broad Provisional Patent application which covers key elements of its technology.
Based on patent-pending technology, IQWind’s flagship product is a breakthrough gear system that improves the efficiency of wind turbines. Our gear system solves a technology limitation of wind turbines that reduces their potential to harvest wind energy.
IQWind is a technology start-up in the wind energy ecosystem aiming at developing a mechanical add-on to both existing and new wind turbines. The upgraded turbines will work at much higher efficiency rates than current turbines. In addition, the IQWind solution is more reliable, lighter, and enables the generation of higher quality electricity than other potential solutions.
Financials
| Date | Type | Amount | Investors | Valuation |
|---|---|---|---|---|
| 10/29/07 | Seed | Unknown | Unknown |