Wind Energy Provider Aeromine Closes $9M Series A Round

Rooftop wind energy provider Aeromine Technologies, headquartered in Irvine, closed an approximately $9-million funding round to accelerate the rollout of its motionless, onsite wind energy solution. Houston-based Veriten is the lead investor in the Series A funding round. Additional investors in the round include global engineering firm Thornton Thornton Tomasetti and family offices.

“We are extremely excited about introducing the Aeromine product to the mass market,” said Aeromine co-founder David Asarnow. “This latest investment will help Aeromine scale production and global market development activities to capitalize on this multi-billion-dollar distributed energy market opportunity.”

Since launching the technology in late 2022, Aeromine has received nearly 11,000 inquiries from more than 6,500 companies and currently has a pipeline of 400 qualified projects. These customers, predominately in the industrial, logistics, financial, automotive, commercial and government sectors, are split evenly between Europe and the U.S., with additional interest coming from the Asia Pacific region, Latin America and Australia/New Zealand.