Minesto: Funding, Investors & Team (Sep 2026)
Minesto operates as a developer of marine energy technology solution in Sweden, Wales, and Northern Ireland. It develops Deep Green technology, which produces electricity from slow tidal and ocean currents through a turbine. Magnus Landberg founded Minesto in 2007. It has its headquarters in Gothenburg in Sweden.
Minesto has raised $15.2M across 5 funding rounds on record, the most recent an undisclosed round announced in Jan 2026.
Minesto Company Profile and Key Stats
Latest funding round on record: Jan 2026.
Minesto Funding Rounds
1 of 5 rounds was announced without a disclosed amount and is excluded from the total.
Minesto raised $270k in an undisclosed round announced in Feb 2024.
1.2 years later, an undisclosed round of $1.7M was announced in Apr 2025.
2 months later, an undisclosed round of $2.6M was announced in Jun 2025.
4 months later, an undisclosed round of $10.6M was announced in Oct 2025.
3 months later, an undisclosed round was announced in Jan 2026 with no disclosed amount.
Minesto Founders and Leadership Team
No contact details are on record for this team yet.
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Minesto Funding FAQs
What does Minesto do?
Minesto operates as a developer of marine energy technology solution in Sweden, Wales, and Northern Ireland. It develops Deep Green technology, which produces electricity from slow tidal and ocean currents through a turbine. Magnus Landberg founded Minesto in 2007. It has its headquarters in Gothenburg in Sweden.
How much funding has Minesto raised?
Minesto has raised $15.2M across 5 rounds on record.
When did Minesto last raise funding?
Minesto's most recent funding round on record was announced in Jan 2026. The amount was not disclosed.
Who founded Minesto?
FundedIQ lists Magnus Landberg (Founder) at Minesto.
Where is Minesto headquartered?
Minesto is based in Västra Frölunda, Vastra Gotaland, Sweden.
How many employees does Minesto have?
Minesto is in the 51-100 employee band.
About FundedIQ's Minesto Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Minesto is left off this page rather than filled in.
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