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pc:mines

Minesto

Renewable Energy
Minesto is a pioneering marine energy technology company dedicated to reducing the global carbon footprint by facilitating commercial power production from ocean currents. The company has developed a patented technology that efficiently converts kinetic energy from low-flow tidal streams and ocean currents into electricity. With operations in Sweden, the Faroe Islands, Wales, and Taiwan, Minesto is at the forefront of renewable ocean energy, aiming to integrate marine energy into existing energy systems through projects like the large-scale expansion in the Faroe Islands.

Leadership & Board

Currently, no data available

Latest Estimated Valuation

Estimated Valuation―
Estimated Valuation―
Total Amount Raised$152M
Total Amount Raised$152M
Total Funding Rounds1
Total Funding Rounds1
Latest Funding Amount$152M
Latest Funding Amount$152M
Latest Funding RoundInvestment
Latest Funding RoundInvestment
Post-Money Valuation―
Post-Money Valuation―

Funding Round

Funding Date
Funding Round
Amount Raised
Post-Money Valuation
Sep 16, 2025
Investment
$152.40M
―

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