KiteX is a startup based in Denmark, founded in 2016. The company aims to make renewable energy more affordable and accessible, particularly in off-grid housing and rural areas. Its flagship product, the KiteX wind turbine, boasts a significantly lower cost and uses 80% less materials compared to traditional wind turbines. This innovation not only reduces the environmental impact of electricity generation but also addresses challenges in areas with poor infrastructure. The last investment was a seed round in November 2017, led by The Nordic Web Ventures and Cong Wang. With its focus on cost-effectiveness, mobility, and ease of deployment, KiteX presents a promising solution for expanding renewable energy opportunities.
