Insights

Growing Industry Presence Minesto actively participates in international forums such as the Nordic-Taiwan Sustainable Energy Forum and Gizmodo Science Fair, presenting opportunities to engage with global renewable energy stakeholders and government agencies interested in ocean energy advancements.

Financially Strengthened Recent loan financing of SEK 22 million from Fenja Capital and advisory support from the European Investment Bank indicate solid institutional backing, providing credibility and potential partnership opportunities for investors and technology collaborators seeking scalable ocean energy solutions.

Innovative Technology Minesto’s development of the Luna LUNA 12 kite system in cooperation with SKF showcases proprietary, scalable marine energy technology with diverse applications, opening avenues for equipment suppliers, component manufacturers, and system integrators in the renewable sector.

Market Expansion Operational activities in Sweden, Wales, and Taiwan highlight the company's focus on expanding geographically, offering opportunities for local partners and suppliers to participate in emerging offshore ocean energy projects with a proven track record.

Recognition & Impact Winning awards like the 2025 Gizmodo Science Fair and deploying the first operational tidal energy kite in the Faroe Islands position Minesto as a credible leader, making it an attractive partner for organizations seeking innovative and environmentally sustainable energy tech collaborations.

Minesto Tech Stack

Minesto uses 8 technology products and services including Xero, Simulink, Amazon Web Services, and more. Explore Minesto's tech stack below.

  • Xero
    Accounting
  • Simulink
    Advanced Analytics And Data Science
  • Amazon Web Services
    Cloud Hosting
  • Drupal
    Content Management System
  • Osano
    Cookie Compliance
  • Priority Hints
    Performance
  • C++
    Programming Languages
  • Adobe Creative Suite
    Visualisation Software

Media & News

Minesto's Email Address Formats

Minesto uses at least 1 format(s):
Minesto Email FormatsExamplePercentage
First.Last@minesto.comJohn.Doe@minesto.com
49%
First.Middle@minesto.comJohn.Michael@minesto.com
1%
First.Last@minesto.comJohn.Doe@minesto.com
49%
First.Middle@minesto.comJohn.Michael@minesto.com
1%

Frequently Asked Questions

Where is Minesto's headquarters located?

Minus sign iconPlus sign icon
Minesto's main headquarters is located at 6 Vita Gavelns Vag Västra Frölunda, Västra Götaland 426 71 Sweden. The company has employees across 2 continents, including EuropeNorth America.

What is Minesto's stock symbol?

Minus sign iconPlus sign icon
Minesto is a publicly traded company; the company's stock symbol is MINEST.ST.

What is Minesto's official website and social media links?

Minus sign iconPlus sign icon
Minesto's official website is minesto.com and has social profiles on LinkedIn.

What is Minesto's NAICS code?

Minus sign iconPlus sign icon
Minesto's NAICS code is 2211 - Electric Power Generation, Transmission and Distribution.

How many employees does Minesto have currently?

Minus sign iconPlus sign icon
As of April 2026, Minesto has approximately 47 employees across 2 continents, including EuropeNorth America. Key team members include Chief Executive Officer: M. E.Cfo: F. A.Chief Operations Officer: J. H.. Explore Minesto's employee directory with LeadIQ.

What industry does Minesto belong to?

Minus sign iconPlus sign icon
Minesto operates in the Renewable Energy Power Generation industry.

What technology does Minesto use?

Minus sign iconPlus sign icon
Minesto's tech stack includes XeroSimulinkAmazon Web ServicesDrupalOsanoPriority HintsC++Adobe Creative Suite.

What is Minesto's email format?

Minus sign iconPlus sign icon
Minesto's email format typically follows the pattern of First.Last@minesto.com. Find more Minesto email formats with LeadIQ.

How much funding has Minesto raised to date?

Minus sign iconPlus sign icon
As of April 2026, Minesto has raised $20M in funding. The last funding round occurred on May 01, 2015 for $15M.

When was Minesto founded?

Minus sign iconPlus sign icon
Minesto was founded in 2007.

Minesto

Renewable Energy Power GenerationVästra Götaland, Sweden11-50 Employees

Minesto is a leading ocean energy technology company on a mission to minimise the global carbon footprint of the energy industry by enabling commercial power production from the ocean. 

Minesto’s award winning and patented product is the only verified marine power plant that operates cost efficiently in areas with low-flow tidal streams and ocean currents, to provide affordable and predictable renewable energy.

The company was founded in 2007 as a spin-off from aircraft manufacturer Saab. Today, listed on the Nasdaq First North stock exchange with some 60 employees and operations in Sweden, Wales, and Taiwan, Minesto is a driving force in the creation of an emerging renewable energy industry. 

Join us as we fly to new depths and harness the vast potential of the oceans!

Section iconCompany Overview

Headquarters
6 Vita Gavelns Vag Västra Frölunda, Västra Götaland 426 71 Sweden
Stock Symbol
MINEST.ST
NAICS Code
2211 - Electric Power Generation, Transmission and Distribution
Founded
2007
Employees
11-50

Section iconFunding & Financials

  • $20M

    Minesto has raised a total of $20M of funding over 2 rounds. Their latest funding round was raised on May 01, 2015 in the amount of $15Mas a investment.

  • $1M

    Minesto's revenue is estimated to be in the range of $1M

Section iconFunding & Financials

  • $20M

    Minesto has raised a total of $20M of funding over 2 rounds. Their latest funding round was raised on May 01, 2015 in the amount of $15Mas a investment.

  • $1M

    Minesto's revenue is estimated to be in the range of $1M

Ready to create more pipeline?

Get a demo and discover why thousands of SDR and Sales teams trust
LeadIQ to help them build pipeline confidently.

© LeadIQ, Inc. All rights reserved.