Insights

Strategic partnerships Minesto is actively engaging with major financial and regional energy forums and has attracted Investment Advisory support from the European Investment Bank, indicating opportunities to position your offering as a complementary solution or co-investment partner for large-scale ocean energy projects.

Capex and funding Recent loan financing of SEK 22 million from Fenja Capital suggests available capital channels and a willingness to fund working capital and expansion. This presents a pathway to propose financing-friendly deployment of your tech or services to accelerate Minesto’s project pipeline.

Technology upgrades Ongoing collaboration with SKF on the Luna LUNA 12 kite system highlights openness to advanced rotor/bearing solutions and high-performance components. There is a sales opportunity to offer enhanced hardware, wear components, and maintenance services for deep-sea tidal energy systems.

Global expansion Operations in Sweden, Wales, and Taiwan with recent international engagement suggest a growth trajectory and a need for scalable procurement, field services, and local support. Position services that reduce deployment risk and accelerate site readiness in multiple jurisdictions.

Market validation Award recognition and successful deployment of megawatt-scale tidal energy technologies, plus participation in Nordic-Taiwan Sustainable Energy Forum, indicate a proven value proposition. Use this to frame ROI-focused case studies and tailored proposals for utilities and energy developers seeking reliable ocean energy solutions.

Minesto Tech Stack

Minesto uses 8 technology products and services including Xero, Simulink, ISO 9001, and more. Explore Minesto's tech stack below.

  • Xero
    Accounting
  • Simulink
    Advanced Analytics And Data Science
  • ISO 9001
    Certificates
  • jsDelivr
    Content Delivery Network
  • Drupal
    Content Management System
  • Microsoft Word
    Office Suites
  • Python
    Programming Languages
  • Adobe Creative Suite
    Visualisation Software

Media & News

Minesto's Email Address Formats

Minesto uses at least 1 format(s):
Minesto Email FormatsExamplePercentage
First.Last@minesto.comJohn.Doe@minesto.com
97%
First.Middle@minesto.comJohn.Michael@minesto.com
3%

Frequently Asked Questions

What is Minesto's stock symbol?

Minus sign iconPlus sign icon
Minesto is a publicly traded company; the company's stock symbol is MINEST.ST.

What is Minesto's official website and social media links?

Minus sign iconPlus sign icon
Minesto's official website is minesto.com and has social profiles on LinkedIn.

How much revenue does Minesto generate?

Minus sign iconPlus sign icon
As of July 2026, Minesto's annual revenue is estimated to be <$1M.

What is Minesto's NAICS code?

Minus sign iconPlus sign icon
Minesto's NAICS code is 2211 - Electric Power Generation, Transmission and Distribution.

How many employees does Minesto have currently?

Minus sign iconPlus sign icon
As of July 2026, Minesto has approximately 47 employees across 2 continents, including EuropeNorth America. Key team members include Chief Executive Officer: M. E.Cfo: F. A.Chief Operations Officer: J. H.. Explore Minesto's employee directory with LeadIQ.

What industry does Minesto belong to?

Minus sign iconPlus sign icon
Minesto operates in the Renewable Energy Power Generation industry.

What technology does Minesto use?

Minus sign iconPlus sign icon
Minesto's tech stack includes XeroSimulinkISO 9001jsDelivrDrupalMicrosoft WordPythonAdobe Creative Suite.

What is Minesto's email format?

Minus sign iconPlus sign icon
Minesto's email format typically follows the pattern of First.Last@minesto.com. Find more Minesto email formats with LeadIQ.

When was Minesto founded?

Minus sign iconPlus sign icon
Minesto was founded in 2007.
Minesto logo

Minesto

Renewable Energy Power GenerationVästra Götaland, Sweden11-50 Employees

Minesto develops ocean energy technology with the aim of turning marine environments into reliable electricity sources. Its primary offering is a marine power system that can generate power in low-flow tidal streams and ocean currents, delivering energy that is affordable and predictable. The company was founded in 2007 as a Saab spin-off and now operates in Sweden, Wales, and Taiwan.

Based in Gothenburg, Västra Götaland, Minesto sits within the renewable energy power-generation sector and seeks to advance offshore marine energy deployments. In 2025 the company achieved a milestone by deploying a megawatt-scale tidal energy system in the Faroe Islands, reflecting progress in its commercial-scale ambitions.

Section iconCompany Overview

Stock Symbol
MINEST.ST
NAICS Code
2211 - Electric Power Generation, Transmission and Distribution
Founded
2007
Employees
11-50

Section iconFunding & Financials

  • <$1M

    Minesto's revenue is estimated to be in the range of <$1M

Section iconFunding & Financials

  • <$1M

    Minesto's revenue is estimated to be in the range of <$1M

Ready to create more pipeline?

Get a demo and discover why thousands of SDR and Sales teams trust
LeadIQ to help them build pipeline confidently.

© LeadIQ, Inc. All rights reserved.