Modvion Revenue

Wood Product Manufacturing • Gothenburg, Västra Götaland County, Sweden • 21-50 Employees

Modvion revenue & valuation

Annual revenue	$9,100,000
Revenue per employee	$203,000
Estimated valuation?This valuation is estimated based on industry average for the Wood Product Manufacturing industry and current estimated revenues	$29,200,000
Total funding	$18,200,000

Key Contacts at Modvion

Otto Lundman

Co-Founder & Sr Business Developer

Maria-Lina Hedlund

Ceo

Karin Bjore

Head Of Product Development

Company overview

Headquarters	Transportgatan 39, Gothenburg, Västra Götaland County 422 46, SE
Website	modvion.com
NAICS	321
SIC	351
Keywords	Construction, Cleantech, Wind Energy, Wind Power, Wood Construction, Tower Technology
Founded	2015
Employees	21-50
Socials

Modvion Email Formats

Modvion uses 4 email formats. The most common is {first name}.{last name} (e.g., john.doe@modvion.com), used 36.1% of the time.

Format	Example	Percentage
{first name}.{last name}	john.doe@modvion.com	36.1%
{first initial}	j@modvion.com	33.3%
{first initial}.{last name}	j.doe@modvion.com	25%
{first name}	john@modvion.com	5.6%

About Modvion

We build wind turbine towers. In wood. Modvion accelerates the transition to renewable energy and materials by building wind turbine towers made from laminated wood – nature’s own carbon fibre. Wooden designs enable radical reductions in emissions by replacing emission-heavy material such as steel and concrete. Thanks to a patented modular system, Modvion has been able to develop wind towers that can reach the heights the wind power industry is striving for whilst remaining cost-efficient. The modules can be easily stacked on trucks and transported on roads, without the need for road closures and lengthy permit procedures. Modvion's tower technology is the next generation of tall, carbon-neutral towers for the wind power industry - renewable energy built with renewable materials. The operation is part-financed by the Swedish Energy Agency, the Västra Götaland region and the EU program Horizon 2020 EIC Accelerator.

Employees by Management Level

Total employees: 21-50

Seniority

Employees

Entry

Manager

Head

Employees by Department

Modvion has 24 employees across 7 departments.

Departments

Number of employees

Funding Data

Explore Modvion's funding history, including investment rounds, total capital raised, and key backers.

Funding Date	Round	Amount	Link to Article
2023-03-06	20	$11,800,000
2024-07-04	1	$6,400,000

Funding Insights

$18,200,000

Total funding amount

$6,400,000

Most recent funding amount

Number of funding rounds

Modvion Tech Stack

Discover the technologies and tools that power Modvion's digital infrastructure, from frameworks to analytics platforms.

WP Rocket

Caching

Hello Elementor

WordPress themes

Elementor

Page builders

Microsoft 365

jQuery Migrate

JavaScript libraries

Cloudflare

CDN

jQuery

JavaScript libraries

LiteSpeed

Web servers

HTTP/3

Miscellaneous

PHP

Programming languages

WordPress

Blogs

Google Analytics

Analytics

Frequently asked questions

Modvion is located in Gothenburg, Västra Götaland County, SE.

Modvion generates an estimated annual revenue of $9,100,000. This revenue figure reflects the company's market position and business performance in its industry.

Modvion has an estimated valuation of $29,200,000. This valuation is calculated based on industry-standard revenue multiples and reflects the company's growth potential and market positioning.

Modvion was founded in 2015, making it 11 years old. The company has established itself as a significant player in its industry over this time.

Modvion has approximately 21-50 employees. The company continues to grow its workforce to support its business operations and expansion.

Modvion has raised a total of $18,200,000 across 2 funding rounds. This investment has helped the company grow and expand its operations.