Kitemill
Develops high altitude wind energy technology that will produce renewable energy in a safe and low-cost manners.
Launch date
Employees
Market cap
-
Enterprise valuation
AUD54—82m (Dealroom.co estimates Jul 2024.)
Company register number 992943718
Farsund Agder (HQ)
Financials
Estimates*
EUR | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|---|---|---|
Revenues | <1m | <1m | <1m | <1m | 1.5m | 1.1m | <1m |
% growth | 26 % | (22 %) | (34 %) | 119 % | 109 % | (29 %) | (53 %) |
EBITDA | (<1m) | (<1m) | (<1m) | (<1m) | <1m | (<1m) | - |
% EBITDA margin | (94 %) | (39 %) | (169 %) | (71 %) | 29 % | (77 %) | - |
Profit | (<1m) | (<1m) | (<1m) | (<1m) | <1m | (1.0m) | (1.3m) |
% profit margin | (102 %) | (53 %) | (204 %) | (90 %) | 20 % | (95 %) | (264 %) |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | €400k Valuation: €5.4m 10.7x EV/LTM Revenues -27.2x EV/LTM EBITDA | Angel | |
€2.4m | Grant | ||
€1.0m Valuation: €7.0m 4.6x EV/LTM Revenues 15.9x EV/LTM EBITDA | Angel | ||
N/A | €2.8m Valuation: €13.0m 8.5x EV/LTM Revenues 29.6x EV/LTM EBITDA | Seed | |
* | €3.4m | Grant | |
€2.2m Valuation: €14.0m 27.6x EV/LTM Revenues | Early VC | ||
* | €250k Valuation: €20.0m 39.4x EV/LTM Revenues | Seed | |
* | €2.0m Valuation: €30.0m | Seed | |
* | €2.5m | Grant | |
* | €8.0m | Early VC | |
Total Funding | AUD47.4m |
Related Content
Recent News about Kitemill
EditTech stack
Tech stackLearn more about the technologies and tools that this company uses.
Investments by Kitemill
EditACQUISITION by Kitemill Feb 2020
ACQUISITION by Kitemill Jun 2023