Norsepower norsepower.com


Norsepower, founded in 2012, has developed and brought to market the Norsepower Rotor Sail Solution. This solution helps cargo vessels significantly reduce fuel consumption.

Norsepower, founded in 2012, has developed and brought to market the Norsepower Rotor Sail Solution. This solution helps cargo vessels significantly reduce fuel consumption.

Company (Alive / Active)

Phone: +358 50 330 5732

Fax:

Porkkalankatu 20 A

Helsinki, 00180
Finland

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Total Funding Date of Last Funding
Norsepower $5M Jul 2, 2016

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Investors

Investor Investor Type Location Participating Rounds
VNT ManagementVenture CapitalVaasa, FinlandUnattributed VC
FinnveraVenture CapitalFinlandUnattributed VC
Lifeline VenturesVenture CapitalHelsinki, FinlandUnattributed VC
Horizon 2020GovernmentBrussels, BelgiumGrant
Oras InvestVenture CapitalRauma, FinlandUnattributed VC
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Patents

Title Application Date Patent Date Status
(Patent / Application)
User-operable control for propulsion systems Jun 16, 2014 Apr 17, 2018 Patent
Propulsion system for aquatic vessels Jun 16, 2014 Jul 19, 2016 Patent
Method of manufacturing a rotor body of a magnus-type rotor Mar 24, 2015 Application
Propulsion system for aquatic vessels Nov 11, 2014 Application