Ogin

company

About

Ogin develops shrouded wind turbines using a novel aerodynamic technology known as a mixer/ejector.

  • 101 - 250

Details

Last Funding Type
Grant
Last Funding Money Raised
$8.32M
Industries
Clean Energy,Information Technology,Manufacturing
Founded date
Jan 1, 2007
Number Of Employee
101 - 250
Operating Status
Active

Ogin, Inc. (fka FloDesign Wind Turbine), headquartered in Waltham, MA, is a venture-backed developer of high efficiency shrouded wind turbine technology. This innovative design represents a novel application of well-proven aerodynamic technology known as a mixer/ejector that has been used in military and commercial aircraft since the 1970s to improve jet engine performance. Ogin’s mid-scale shrouded wind turbine will (1) significantly reduce the cost of energy of wind, (2) enable new distributed markets with lower wind speeds for wind power generation closer to load, and (3) increase the utilization per acre of land while reducing environmental impact.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$8.32M
Ogin has raised a total of $8.32M in funding over 2 rounds. Their latest funding was raised on Oct 26, 2009 from a Grant round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Oct 26, 2009 Grant $8.32M 1 US Department of Energy Detail

Investors

Number of Lead Investors
Number of Investors
1
1
Ogin is funded by 1 investors. US Department of Energy are the most recent investors.
Investor Name Lead Investor Funding Round
US Department of Energy Yes Grant