X1 Wind

x1wind.com ↗ ·Barcelona ·Series A

X1 Wind is a Barcelona-based floating offshore wind technology developer commercialising its patented PivotBuoy single-point-mooring, downwind tension-leg platform, which the company says cuts platform weight and cost substantially versus conventional floating designs. Founded in 2017 by Carlos Casanovas and Alex Raventos, it validated the concept offshore with the X30 part-scale demonstrator in the Canary Islands — the world's first fully functional TLP floating wind platform to export power to grid — and is now designing and certifying its commercial-scale X90 platform under the EU-funded X1 Accelerator project. Backed by industrial and institutional investors including Technip Energies (which took a 16.3% stake and two of nine board seats), the EIC Fund and EIT InnoEnergy.

Founded
2017
Founders
2
Total funds raised
€10.4M+
Rounds
3
Investors
7
Last round
Sep 2026
SectorsEnergy & Climate, Deeptech & Hardware, Offshore Wind, Renewable Energy, Cleantech Start-up MapEnergy & Climate › Clean energy generation hardware

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Founders

Alex Raventos
CEO & Co-Founder
Carlos Casanovas
CTO & Co-Founder

Global models 5

Principle Power
Licenses and engineers its patented WindFloat floating offshore wind platform for developers, the closest pure-play floating foundation technology comparable.
~$200MComparable
BW Ideol
Develops and licenses its patented Damping Pool floating foundation to offshore wind developers after validating it with full-scale demonstrators.
~$80MComparable
Hexicon
Develops a patented single-point-moored, weathervaning floating wind platform (TwinWind) and monetises it through licensing and project co-development.
~$60MComparable
Aikido Technologies
United States · www.aikido.tech ↗
Venture-backed start-up commercialising a lighter, lower-cost modular floating wind platform through demonstrator projects and developer licensing.
~$15MComparable
Gazelle Wind Power
Develops a lightweight hybrid floating wind platform with a novel mooring system designed to cut platform steel and cost versus conventional semi-submersibles.
~$10MComparable

In the same niche 28 others

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Notes: Most funded first

Investors 7

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Funding rounds 3

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