Romo Wind, a Switzerland -based wind farm optimization company, has raised €4.8m ($6m) from a consortium including local industrial technology company ABB’s corporate venturing unit.
Alongside ABB Technology Ventures in Romo’s round were Yellow&Blue Investment Management, the corporate venturing unit of energy group Vattenfall’s Nuon subsidiary and which led the round, and B-To-V Partners, a network of 200 entrepreneurial private investors, along with the portfolio company’s founders.
Romo owns a patented wind measurement technology for measuring the speed and direction…