Makani Power takes in $5M for high-altitude wind energy
Stealth startup Makani Power, an Alameda, Calif.-based wind energy company, has secured $5 million in second round funding from returning investor Google.org. The 24-member firm, which is playing its plans very close to the vest, has only revealed that it is building huge wing-shaped kites to harness the energy from high-altitude wind.
By some estimates, all the energy contained in wind could satisfy our needs 100-fold, with most coming from high-altitude wind. Tapping into just 1… Continue Reading