Windtak
Windtak

WindTak

Scale Up

Scale Up

Poland

Operative country
Poland, Canada

Operative adress
Wróblewskiego 38a, 93-578 Łódź – Poland

Site Web
www.windtak.ca

Social

Windtak

Organization Description

WindTAK delivers professional solutions in wind engineering, focusing on areas related to the operation of turbines and the improvement of their energy efficiency. The nature of the wind, local environmental conditions and variable energy prices, combined with the characteristics of the turbine, require an individual approach. Precise analysis allows for the best use of both wind resources and turbine potential – the two most important profit-generating factors for the owner of a wind turbine.

Founder

Maciej Karczewski

CEO, Co-founder w Windtak llc

Introduction

WindTAK, founded in 2018 in Lodz, Poland, has been scaling up as a key player in the wind energy sector. By providing innovative solutions in wind turbine optimization and leveraging advanced technologies like autonomous IoT, additive manufacturing and machine learning, WindTAK showed that it can significantly improve turbine efficiency and reduce operational costs. Their success has not only bolstered their market position but also positively impacted the renewable energy ecosystem by promoting sustainable energy practices and reducing environmental footprints.

Windtak
Windtak

Background

WindTAK originated in Lodz, Poland, in 2018, with a mission to improve wind turbine efficiency and promote asset lifetime extension. The company navigated initial challenges, including market entry barriers and limited funding, by leveraging precise aerodynamic analysis and innovative solutions like their 5GVG technology. Participating in the Ventures Thrive programme provided critical mentorship and financial support, enabling WindTAK to secure new clients and pilot sites, overcoming hurdles in a competitive and evolving renewable energy market.

Achievements

WindTAK has achieved solid growth, evidenced by a 40x increase in net sales revenue in 2023 as compared to 2022 and an 18% growth in total assets. The company secured investment through the Ventures Thrive programme, leading to three new client agreements and two new windsites. WindTAK’s innovative solutions have garnered industry recognition, positioning them among the top new and innovative competitors in the renewable energy sector. Their advancements in turbine optimization and predictive maintenance technologies is to set new industry standards.

Windtak

Leadership
Highlight

WindTAK’s success is due to the exceptional leadership of its management team, which has successfully solved emerging industry problems and learned valuable lessons from its previous experiences. The company’s innovative approach has enabled it to gain a technological advantage in the competitive renewable energy market. WindTAK’s awareness of the potential of the North American market accelerated the company’s development, paving the way for new opportunities and steady growth. The experience of company’s CEO put together with a sound guidance provided by advisors has saved the company some potential pitfalls and mistakes, contributing to a more effective growth trajectory.

Inpact
on ecosystem

WindTAK’s innovative solutions have impacted both the local and broader renewable energy ecosystems. Locally, the company’s success has spurred economic growth and created jobs in Lodz, Poland. Broadly, WindTAK has attracted notable investor attention to the Central and Eastern European cleantech market, highlighting the region’s potential for sustainable energy advancements. Their contributions to turbine efficiency and predictive maintenance are setting new renewable industry standards, encouraging further investment and innovation in the ClimateTech energy sector.

Lessons
Learned

WindTAK’s success perfectly illustrates the critical importance of integrating innovative technology with strategic thinking and ability to execute the business plan in order to overcome entry barriers and financial challenges. Without this synergy, success could be limited, slowed, or simply unattainable. Flexibility and quick adaptation to changing market conditions are also crucial in seizing potential opportunities. Moreover, the company learned that while cultivating strong relationships with customers and partners may not yield immediate profits, it ensures long-term benefits and fosters stable business growth.

Investment
raised

Initially, the company was bootstrapped, leveraging personal funds, small cascade grants like EIC Climate-KIC, local national public grants fueled by proceeds from European funds plus early revenue to develop its foundational technologies and prove its concept. This early stage was crucial for refining their innovative solutions in wind turbine optimization and predictive maintenance.
The breakthrough came with their pre-seed round from Polish Energy Research Capital (ERC) VC, an investor deploying money into innovative concepts and companies working in the broad energy generation field. The ERC’s support was part of the European Union’s “Epic Alfa Fund,” which was co-financed by the European Regional Development Fund. The round was next bridged to seed investment via the company’s participation in the Ventures Thrive programme, which provided not only financial support but also access to world-class advice and contacts. This programme was instrumental in expanding WindTAK’s visibility and credibility within the broader investment community in Central Europe, Scandinavia and in North America. It helped WindTAK secure three new client agreements and open discussions about two new wind farm sites, significantly boosting their market presence and proving viability of their business model.
WindTAK’s ability to attract VC interest beyond its local ecosystem was largely due to its innovative approach and the growing global focus on clean technology. The company was able to secure business in Canada through its subsidiary WindTAK Canada Inc.. It strategically showcased its cutting-edge solutions at various international conferences, such as the Wind Europe Annual Event in Bilbao in 2022, the American Clean Power in San Diego, California, the San Francisco Climate Week both in 2024 and the deep tech-oriented acceleration programmes such as MIT Enterprise Forum and others. These platforms were pivotal in demonstrating WindTAK’s potential and scalability to a more global audience.

Conclusion
and future Outlook

WindTAK plans to continue innovating in wind turbine technology. The company aims to expand its market presence globally, leveraging its successful track record and investor support. Future plans include developing presence on wind sites in the United States and Japan, further refining their technology through more advanced machine learning algorithms, and exploring additional funding opportunities to sustain growth and drive further advancements in renewable energy solutions.

Podcast

Catch our latest podcast with Maciej Karczewski, CEO and co-founder of Windtak LLC!

Relevant links:

Contact the company

WindTAK Sp. z o.o.
NIP 7292728449 | REGON 381864780

Wróblewskiego 38a, 93-578 Łódź
maciej.karczewski@windtak.pl
(+48) 660 253 995