SkySpecs, an Ann Arbor, MI-based provider of wind energy operations and maintenance solutions, raised $17M in Series C funding.
The round was led by McRock iNFund LP, an Industrial Internet of Things (IIoT) venture capital fund managed by McRock Capital. Other new investors in the round included Equinor Energy Ventures, and Evergy Ventures, the non-regulated investment affiliate of Evergy, the parent company of Kansas City Power & Light Company (KCP&L) and Westar Energy, alongside participation by existing investors including Statkraft Ventures, UL Ventures, Capital Midwest Fund, and Venture Investors.
Led by CEO Danny Ellis and CTO Tom Brady, SkySpecs provides Operations & Maintenance solutions for the wind energy industry, The company uses AI, machine learning, robotics, and software, to optimize operations & maintenance in order to enable better decision making about repairs and proactive planning.
The company intends to use the funds to double the team in both the United States and Europe, continuing to develop the functionality of Horizon, their asset management solution that enables smart repair planning, and to offer autonomous wind turbine inspections across the world.
SkySpecs has offices in Ann Arbor, MI and Amsterdam, Netherlands, and currently operates in 19 countries on 5 continents.
FinSMEs
21/12/2019