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INDUSTRIAL | Machinery & Equipment

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Founded Year

2001

Stage

Dead | Dead

Total Raised

$42.7M

About Danotek Motion Technologies

Danotek Motion Technologies develops and manufactures advanced permanent magnet (PM) generators and electric power conditioning systems for clean energy applications.

Danotek Motion Technologies Headquarter Location

8680 North Haggerty Road

Canton, Michigan, 48187,

United States

734-426-5976

Latest Danotek Motion Technologies News

Danotek Raises $15M in Series B Round

Aug 30, 2011

Reprints Canton, MI-based Danotek Motion Technologies , a startup company that develops and manufactures permanent magnet generators and related converter systems for the wind-energy industry, today announced that it has secured $15 million in funding. Led by four of the world’s leading renewable energy venture capital firms— Khosla Ventures , CMEA Capital , GE Energy Financial Services , and Statoil Technology Invest , along with independent contributors—the Series B financing round will help bring to market new technology that the company says will make wind turbines more efficient, reliable, and affordable. The funds will be used to expand research and development initiatives, as well as launch initial production. This latest round of venture capital brings the total private funding invested in Danotek to $41 million. Back in June, Xconomy first reported that Danotek was finalizing a new financing round . Sarah Schmid is the editor of Xconomy Detroit/Ann Arbor. You can reach her at 313-570-9823 or sschmid@xconomy.com. Follow @XconomyDET_AA

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Danotek Motion Technologies Patents

Danotek Motion Technologies has filed 3 patents.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

6/16/2010

6/28/2011

Electromagnetic components, Electrical generators, Electromagnetism, Magnetic levitation, Electrical engineering

Grant

Application Date

6/16/2010

Grant Date

6/28/2011

Title

Related Topics

Electromagnetic components, Electrical generators, Electromagnetism, Magnetic levitation, Electrical engineering

Status

Grant

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