The US conglomerate and the Norway-based energy groups have helped the US-based wind turbine component manufacturer get to $41m raised overall.
US-based conglomerate General Electric’s energy financial services’ unit and a corporate venturing unit of Norway-based energy company Statoil have helped wind power components company Danotek Motion Technologies raise $15m.
Statoil Technology Invest and GE Energy Financial Services were joined in the series B round by venture firms Khosla Ventures and CMEA Capital.
Danotek’s latest round takes it to $41m raised in total. The company develops and manufactures energy conversion systems for wind turbines as well as other industries.
The company was founded in 2001 by three former General Electric engineers.
