Latvia-based Aerones has raised $62m to support the global expansion of its robotic and AI-enabled technologies for wind turbine maintenance, as reported by Reuters.
Aerones’ robotics technology can service wind turbine blades in half the time required for manual maintenance.
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The funding aims to enhance the upkeep of wind turbines across more than 30 countries.
The equity investment round was led by US investors Activate Capital and S2G Investments. Aerones has received a €4m ($4.5m) grant from the EU Innovation Fund and secured a further €30m in funding in 2023.
Wind power, now contributing 10% to global energy production, is on an upward trajectory. However, the maintenance of wind turbines is predominantly manual, leading to extensive blackout periods and significant financial losses for energy firms and turbine operators.
Kruze emphasised the efficiency, safety and cost-effectiveness of their solutions, stating: “The industry is scaling really fast and maintenance is tough. The wind turbine downtime costs more than the labour itself and that bottleneck is driving up the cost of renewable energy.”
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By GlobalDataKruze further explained the proactive approach of Aerones.”We don’t wait until the blade is already on the ground, but work out how to prevent that blade from falling to the ground.”
With a growing presence in the US, Aerones has recently established an office in Dallas, Texas. The company is committed to local recruitment and training.
Aerones is also preparing for a venture debt round in the second half of 2025, aiming to raise between $15m and $20m.
Since 2020, Aerones’ technology has facilitated the generation of 400,000 megawatt hours of additional clean electricity and contributed to the avoidance of 165,000 tonnes (t) of carbon emissions.
