Flexeole Closes First Funding Round

In partnership with Ayomi, Flexeole has closed its first crowdfunding round, raising 31.600 of new equity on a pre-money valuation of 1 million euros.

A newly created holding company brings together 22 investors, collectively owning 2.9% of the company, who have put their trust in Flexeole to develop its wind energy concept: small, flexible and efficient.

The funds raised enable Flexeole to take the first steps towards commissioning of its 50 kW demonstration facility in Cheminas (Ardèche). The detailed microstudy of online wind availability has been completed, permit submissions are in preparation and engineering studies have started.