NeXtWind valuation, funding and investors
NeXtWind works in renewable energy asset repowering and upgrading, based in Berlin, Germany. Founded in 2020, it has about 148 employees.
- Last round
- Growth · $750M · Nov 2023
- Valuation at last round
- $7.65B · implied
- Headcount
- 148 · up
- Grade
- C
- Founded
- 2020
NeXtWind valuation today
VCMC values NeXtWind at $12.7B today, with a range of $3.4B to $19.3B and a grade of C. The valuation starts from its last funding round, a growth round in Nov 2023.
Valuation by date (84 rows)
Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.
| Date | Valuation | Range | Predicted in 1 yr | Phase | Headcount | Trend | Grade | Winding-down probability |
|---|---|---|---|---|---|---|---|---|
| 1 Jan 2020 | $10.2M | $3.72M – $28.1M | $11.4M (+11%) | before first round | – | unknown | D | 0% |
| 1 Feb 2020 | $10.3M | $3.75M – $28.3M | $11.5M (+11%) | before first round | – | unknown | D | 0% |
| 1 Mar 2020 | $10.4M | $3.78M – $28.6M | $11.6M (+11%) | before first round | – | unknown | D | 0% |
| 1 Apr 2020 | $10.5M | $3.82M – $28.8M | $11.7M (+11%) | before first round | – | unknown | D | 0% |
| 1 May 2020 | $10.6M | $3.85M – $29.1M | $11.8M (+11%) | before first round | – | unknown | D | 0% |
| 1 Jun 2020 | $10.7M | $3.89M – $29.3M | $11.9M (+11%) | before first round | – | unknown | D | 0% |
| 1 Jul 2020 | $10.8M | $3.92M – $29.6M | $12.0M (+11%) | before first round | – | unknown | D | 0% |
| 1 Aug 2020 | $10.9M | $3.96M – $29.9M | $12.1M (+11%) | before first round | – | unknown | D | 0% |
| 1 Sep 2020 | $11.0M | $3.99M – $30.1M | $12.2M (+11%) | before first round | – | unknown | D | 0% |
| 1 Oct 2020 | $11.1M | $4.03M – $30.4M | $12.3M (+11%) | before first round | – | unknown | D | 0% |
| 1 Nov 2020 | $11.2M | $4.07M – $30.7M | $12.4M (+11%) | before first round | – | unknown | D | 0% |
| 1 Dec 2020 | $11.3M | $4.10M – $31.0M | $12.6M (+11%) | before first round | – | unknown | D | 0% |
| 1 Jan 2021 | $11.4M | $4.14M – $31.2M | $12.7M (+11%) | before first round | – | unknown | D | 0% |
| 1 Feb 2021 | $11.5M | $4.18M – $31.5M | $12.8M (+11%) | before first round | – | unknown | D | 0% |
| 1 Mar 2021 | $11.6M | $4.21M – $31.8M | $12.8M (+11%) | before first round | – | unknown | D | 0% |
| 1 Apr 2021 | $11.7M | $4.25M – $32.1M | $12.9M (+11%) | before first round | – | unknown | D | 0% |
| 1 May 2021 | $11.8M | $4.29M – $32.4M | $13.0M (+11%) | before first round | – | unknown | D | 0% |
| 1 Jun 2021 | $11.9M | $4.33M – $32.7M | $13.1M (+10%) | before first round | – | unknown | D | 0% |
| 1 Jul 2021 | $12.0M | $4.37M – $33.0M | $13.2M (+10%) | before first round | – | unknown | D | 0% |
| 1 Aug 2021 | $12.1M | $4.41M – $33.3M | $13.3M (+10%) | before first round | – | unknown | D | 0% |
| 1 Sep 2021 | $12.2M | $4.45M – $33.6M | $13.4M (+10%) | before first round | – | unknown | D | 0% |
| 1 Oct 2021 | $12.3M | $4.49M – $33.9M | $13.5M (+10%) | before first round | – | unknown | D | 0% |
| 1 Nov 2021 | $12.4M | $4.53M – $34.2M | $13.6M (+10%) | before first round | – | unknown | D | 0% |
| 1 Dec 2021 | $12.5M | $4.57M – $34.5M | $13.7M (+9%) | before first round | – | unknown | D | 0% |
| 1 Jan 2022 | $12.7M | $4.61M – $34.8M | $13.8M (+9%) | before first round | – | unknown | D | 0% |
| 1 Feb 2022 | $11.4M | $4.16M – $31.4M | $12.5M (+9%) | before first round | 8 | unknown | D | 0% |
| 1 Mar 2022 | $11.5M | $4.18M – $31.6M | $12.5M (+9%) | before first round | 8 | unknown | D | 0% |
| 1 Apr 2022 | $11.6M | $4.21M – $31.8M | $12.6M (+9%) | before first round | 8 | unknown | D | 0% |
| 1 May 2022 | $11.7M | $4.25M – $32.0M | $12.7M (+9%) | before first round | 8 | unknown | D | 0% |
| 1 Jun 2022 | $11.7M | $4.28M – $32.3M | $12.8M (+9%) | before first round | 8 | unknown | D | 0% |
| 1 Jul 2022 | $11.8M | $4.31M – $32.5M | $12.9M (+9%) | before first round | 8 | unknown | D | 0% |
| 1 Aug 2022 | $11.9M | $4.34M – $32.8M | $13.0M (+9%) | before first round | 8 | unknown | D | 0% |
| 1 Sep 2022 | $12.0M | $4.37M – $33.0M | $13.1M (+9%) | before first round | 8 | unknown | D | 0% |
| 1 Oct 2022 | $12.1M | $4.40M – $33.2M | $13.2M (+9%) | before first round | 8 | unknown | D | 0% |
| 1 Nov 2022 | $12.2M | $4.44M – $33.5M | $13.3M (+9%) | before first round | 8 | unknown | D | 0% |
| 1 Dec 2022 | $12.3M | $4.47M – $33.7M | $13.4M (+9%) | before first round | 8 | unknown | D | 0% |
| 1 Jan 2023 | $12.4M | $4.50M – $34.0M | $13.5M (+9%) | before first round | 8 | unknown | D | 0% |
| 1 Feb 2023 | $12.5M | $4.54M – $34.2M | $13.6M (+9%) | before first round | 8 | unknown | D | 0% |
| 1 Mar 2023 | $12.5M | $4.57M – $34.5M | $13.7M (+9%) | before first round | 8 | unknown | D | 0% |
| 1 Apr 2023 | $12.6M | $4.60M – $34.7M | $13.8M (+9%) | before first round | 8 | unknown | D | 0% |
| 1 May 2023 | $19.7M | $8.43M – $39.1M | $21.5M (+9%) | before first round | 16 | growing | C | 0% |
| 1 Jun 2023 | $19.8M | $8.50M – $39.4M | $21.7M (+9%) | before first round | 16 | growing | C | 0% |
| 1 Jul 2023 | $20.0M | $8.56M – $39.7M | $21.8M (+9%) | before first round | 16 | growing | C | 0% |
| 1 Aug 2023 | $20.1M | $8.62M – $40.0M | $21.8M (+8%) | before first round | 16 | growing | C | 0% |
| 1 Sep 2023 | $14.7M | $5.34M – $40.3M | $15.8M (+8%) | before first round | 16 | unknown | D | 0% |
| 1 Oct 2023 | $21.7M | $9.28M – $43.0M | $23.2M (+7%) | before first round | 23 | growing | C | 0% |
| 1 Nov 2023 | $21.8M | $9.35M – $43.4M | $23.2M (+6%) | before first round | 23 | growing | C | 0% |
| 7 Nov 2023 | $7.6B | $5.0B – $12.8B | $8.4B (+10%) | after a round | 23 | growing | B | 0% |
| 1 Dec 2023 | $7.7B | $5.0B – $12.8B | $8.4B (+9%) | after a round | 23 | growing | B | 0% |
| 1 Jan 2024 | $7.8B | $5.0B – $12.8B | $8.4B (+8%) | after a round | 23 | growing | B | 0% |
| 1 Feb 2024 | $7.8B | $5.0B – $12.8B | $8.4B (+8%) | after a round | 23 | growing | B | 0% |
| 1 Mar 2024 | $8.2B | $5.4B – $14.4B | $9.4B (+16%) | after a round | 39 | growing | B | 0% |
| 1 Apr 2024 | $8.3B | $5.5B – $14.4B | $9.4B (+13%) | after a round | 39 | growing | B | 0% |
| 1 May 2024 | $8.5B | $5.6B – $14.4B | $9.4B (+12%) | after a round | 39 | growing | B | 0% |
| 1 Jun 2024 | $8.6B | $5.6B – $14.4B | $9.4B (+10%) | after a round | 39 | growing | B | 0% |
| 1 Jul 2024 | $8.9B | $5.7B – $14.6B | $9.6B (+8%) | after a round | 42 | growing | B | 0% |
| 1 Aug 2024 | $9.1B | $5.8B – $14.7B | $9.7B (+6%) | after a round | 43 | growing | B | 0% |
| 1 Sep 2024 | $9.3B | $5.8B – $14.7B | $9.7B (+4%) | after a round | 43 | growing | B | 0% |
| 1 Oct 2024 | $9.4B | $5.8B – $14.7B | $9.7B (+2%) | after a round | 43 | growing | B | 0% |
| 1 Nov 2024 | $10.3B | $6.2B – $15.8B | $10.4B (0%) | after a round | 60 | growing | B | 0% |
| 1 Dec 2024 | $10.4B | $6.2B – $15.8B | $10.4B (0%) | after a round | 60 | growing | B | 0% |
| 1 Jan 2025 | $10.5B | $6.2B – $16.0B | $10.5B (0%) | after a round | 63 | growing | B | 0% |
| 1 Feb 2025 | $10.5B | $6.1B – $16.0B | $10.5B (0%) | after a round | 63 | growing | B | 0% |
| 1 Mar 2025 | $10.5B | $6.1B – $16.0B | $10.5B (0%) | after a round | 63 | growing | B | 0% |
| 1 Apr 2025 | $10.5B | $6.0B – $16.0B | $10.5B (0%) | after a round | 63 | growing | B | 0% |
| 1 May 2025 | $10.5B | $6.0B – $16.0B | $10.5B (0%) | after a round | 63 | growing | B | 0% |
| 1 Jun 2025 | $10.5B | $6.0B – $16.0B | $10.5B (0%) | after a round | 63 | growing | B | 0% |
| 1 Jul 2025 | $10.5B | $5.9B – $16.0B | $10.5B (0%) | after a round | 63 | growing | B | 0% |
| 1 Aug 2025 | $12.1B | $6.8B – $18.5B | $12.1B (0%) | after a round | 122 | growing | B | 0% |
| 1 Sep 2025 | $12.1B | $6.7B – $18.5B | $12.1B (0%) | after a round | 122 | growing | B | 0% |
| 1 Oct 2025 | $12.1B | $6.7B – $18.5B | $12.1B (0%) | after a round | 122 | growing | B | 0% |
| 1 Nov 2025 | $12.4B | $6.8B – $18.8B | $12.4B (0%) | after a round | 133 | growing | B | 0% |
| 1 Dec 2025 | $12.4B | $6.4B – $18.8B | $12.4B (0%) | after a round | 133 | growing | B | 0% |
| 1 Jan 2026 | $12.4B | $6.3B – $18.9B | $12.4B (0%) | after a round | 136 | growing | B | 0% |
| 1 Feb 2026 | $12.4B | $6.3B – $18.9B | $12.4B (0%) | after a round | 136 | growing | B | 0% |
| 1 Mar 2026 | $12.5B | $6.2B – $19.0B | $12.5B (0%) | after a round | 139 | growing | B | 0% |
| 1 Apr 2026 | $12.5B | $6.2B – $19.0B | $12.5B (0%) | after a round | 139 | growing | B | 0% |
| 1 May 2026 | $12.4B | $6.1B – $18.9B | $12.4B (0%) | after a round | 136 | growing | B | 0% |
| 1 Jun 2026 | $12.4B | $6.0B – $18.9B | $12.4B (0%) | after a round | 136 | growing | B | 0% |
| 1 Jul 2026 | $12.4B | $5.9B – $18.9B | $12.4B (0%) | after a round | 136 | growing | B | 0% |
| 1 Aug 2026 | $12.6B | $3.7B – $19.2B | $12.1B (-4%) | after a round | 144 | up | C | 0% |
| 1 Sep 2026 | $12.6B | $3.6B – $19.2B | $12.1B (-4%) | after a round | 145 | up | C | 0% |
| 1 Oct 2026 | $12.7B | $3.5B – $19.3B | $12.2B (-4%) | after a round | 148 | up | C | 0% |
| 24 Oct 2026 | $12.7B | $3.4B – $19.3B | $8.4B (-34%) | after a round | 148 | up | C | 0% |
Key facts about NeXtWind
- Founded
- 2020
- Headquarters
- Berlin, Germany
- Employees
- about 148 +11% in a year
- Total raised
- $2.40B
- Funding rounds
- 2
- Last round
- Debt Jul 2025
NeXtWind was founded in 2020 by Ewald Woste and Werner Süss.
NeXtWind funding history
NeXtWind has 2 funding rounds on record, from Nov 2023 to Jul 2025, $2.40B in total. None disclosed a valuation.
Debt 1 Jul 2025no round page
With Deutsche Bank, ING Bank, LBBW Venture Capital, Renowned insurance companies.
Sources: sandbrook.com, nextwind.de, energynews.oedigital.com and 1 more
$1.65B
Growth Equity 6 Nov 2023
Led by Sandbrook Capital; with PSP Investments, Imco.
Sources: nextwind.de, nextwind.de, imcoinvest.com and 1 more
$750M
NeXtWind investors
7 investors have backed NeXtWind; Sandbrook Capital led at least one round.
- Deutsche Bank
- Imco
- ING Bank
- Renowned insurance companies
What NeXtWind does
NeXtWind works in wind energy equipment & services, with 14 recorded offerings and customers in renewable energy.
NeXtWind Management GmbH is a German company engaged in green finance and transaction management, with a focus on repowering and upgrading existing onshore wind parks. The company operates as an independent power producer, managing technical, development, and market risks for renewable energy assets, and collaborates with developers, operators, municipalities, and industry partners to advance the energy transition in Europe. NeXtWind also provides advisory services related to sustainable energy solutions and infrastructure transformation.
Description from Veridion's company data.
Products and services
- Renewable Energy Asset Repowering and Upgrading
- Onshore Wind Park Acquisition and Renovation
- Wind Park Technical Performance Enhancement
- Wind Park Market Value Maximization
- Green Finance Structuring and Execution
- Renewable Energy Project Development and Management
- Wind Park Risk Management Consulting
- Community Engagement and Stakeholder Collaboration
- Sustainable Energy Transition Advisory Services
- Investor Partnership Development and Management
- Renewable Energy Asset Value Creation
- Energy Infrastructure Transformation Consulting
- Local Authority Partnership Development
- Renewable Energy Project Business Development
Markets
- Renewable Energy
Business model
- Business-to-Business
- Enterprise
- Asset Management
Industry codes (NAICS)
- 221115 Wind Electric Power Generation 70% match
- 523940 Portfolio Management and Investment Advice 30% match
Questions about NeXtWind
What is NeXtWind worth?
Valuation $12.7B (range $3.4B to $19.3B), as of 24 Oct 2026.
Has NeXtWind raised money?
NeXtWind has 2 funding rounds on record, from Nov 2023 to Jul 2025, $2.40B in total. None disclosed a valuation.
Who has invested in NeXtWind?
Sandbrook Capital, Deutsche Bank, Imco, ING Bank, LBBW Venture Capital and PSP Investments, and 1 more. Lead investors include Sandbrook Capital.
How many people work at NeXtWind?
About 148, up 11% over the last year. Headcount grew from 8 in Feb 2022 to 148 in Sep 2026.
What does NeXtWind do?
NeXtWind works in wind energy equipment & services, with 14 recorded offerings and customers in renewable energy. Its main offerings are renewable energy asset repowering and upgrading, onshore wind park acquisition and renovation and wind park technical performance enhancement.
When was NeXtWind founded, and where is it based?
NeXtWind was founded in 2020 and is based in Berlin, Germany. It has about 148 employees, up 11% over the last year.