AirLoom Energy

Bill Gates-backed AirLoom begins building its first power plant

Climate /

Wind power has run into some headwinds, and not the kind that spin its turbines.  Recently, President Trump has decided to wage war against the technology, an unwelcome bit of friction that coincides with rising costs in recent years. Onshore wind power went for $61 per megawatt-hour last year, according to Lazard, bucking a decade-long […]

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Bill Gates-backed wind startup AirLoom is raising $12M, filings reveal

Fundraising /

It started with a drawing on a napkin. Now AirLoom Energy is raising $12.7 million in fresh funding, TechCrunch has learned. The funding came from 21 investors, according to a regulatory filing that does not list the names of the backers. The company did not immediately respond to a request for comment. The Wyoming-based startup

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