Wello
Espoo
About Wello
Wello is a high-tech and innovative company. Their skills and passions come to life in the Penguin wave energy converter which is the result of highly committed innovative work and practical engineering. In the Penguin, Wello introduces a new concept for capturing energy from waves with a unique working principle. The converter is designed to respond to the movement of waves. The asymmetrical shape of the Penguin’s hull creates a gyrating motion in the waves which makes the rotator inside the hull rotate. The power train from wave to electricity is direct without any mechanical or hydraulic gears in between to cause loss of efficiency. Simplicity is one of the key values of Wello. Wello was founded on the passion to produce ecological and commercially viable wave energy solutions.
Company Facts
- Operating status: Active
- Company type: For Profit
- IPO status: Private
- Employees: 11 – 50
- Estimated revenue: Less than $1M
- Total funding: $8.9M
- Last round: Equity Crowdfunding (Feb 2018)
- Website: wello.eu
- Phone: +358 9 888 4881
Industries & Categories
Energy, Energy Efficiency, Information Technology, Renewable Energy
Social Profiles
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