Aerones Secures $62M in Oversubscribed Financing Round

• The funding round was led by new investors Activate Capital and S2G, with participation from Carbon Equity and Overlap Holdings, and existing investors Lightrock, Blume Equity, Metaplanet, Change Ventures, and Extantia.
• Funding will be used to expand globally, boost R&D in AI and robotics, scale manufacturing, and enhance predictive maintenance for the wind industry.
• This funding round follows a record-breaking year for Aerones, marked by nearly tripled revenue, significant operational expansion, and the opening of a new U.S. hub in Dallas, Texas.

Riga, Latvia – June 3, 2025: Aerones, the world’s leading provider of robotic inspection, maintenance, and AI-driven solutions for wind turbines, today announces that it has secured $62 million in capital in a significantly oversubscribed financing to accelerate its global expansion and technology development. 

The funding round was co-led by Activate Capital and S2G Investments (“S2G”), with additional participation from Carbon Equity and Overlap Holdings, alongside existing investors Lightrock, Blume Equity, Metaplanet, Change Ventures, and Extantia. This latest funding follows Aerones’ securing of a €4 million grant from the EU Innovation Fund in 2024 and a $30 million funding round in 2023.

As the global wind industry accelerates towards doubling in size by 2030, it faces a shortage of skilled technicians and the challenge of maintaining ever-larger, more complex turbines. These pressures are driving urgent demand for efficient, scalable, and safe maintenance and inspection solutions. Aerones meets this need by combining advanced robotics with AI-powered software, reducing reliance on manual labour and delivering faster, more reliable operations for wind farm operators worldwide. 

“Our mission is to automate wind turbine inspection and maintenance globally,” commented Dainis Kruze, Co-founder and CEO of Aerones. “The world cannot meet its renewable energy goals without innovation—and there simply aren’t enough qualified technicians to keep up with the growth of this industry. With this new investment, we’re expanding faster than ever to meet the urgent demand for intelligent, robot-enabled and AI-powered solutions.”

Following a record-breaking year in which Aerones nearly tripled its revenue and expanded operations, the company has solidified its position as the global leader in robotic wind turbine inspection and maintenance. With a new operational hub in Dallas, Texas, Aerones is expanding its reach in the U.S. and internationally, working with industry leaders such as GE Vernova, NextEra, Vestas, Enel, and Siemens Gamesa, and delivering the full spectrum of robotic inspection, maintenance, and data-driven diagnostics.

Aerones’ technology is delivering measurable progress in clean energy by optimising turbine performance, extending asset lifespans, and minimising downtime for wind farm operators globally. Since 2020, Aerones has enabled nearly 400,000 MWh of additional clean electricity and helped avoid 165,000 tonnes of CO₂ emissions, with the potential to prevent over 170 million tonnes in the next five years, while servicing over 10,000 turbines annually in more than 30 countries.

With this new $62 million investment, Aerones will significantly expand its operational capacity worldwide and accelerate research and development in AI-driven automation, robotics, and customer-facing software solutions. The company plans to scale up its robot manufacturing capabilities and invest in advanced predictive maintenance tools, leveraging data from thousands of robotic inspections. These initiatives will enable Aerones to further accelerate preventive maintenance in the wind industry, delivering safe, efficient, and scalable robotic solutions that set new standards for reliability and performance.

Paul Neal Jordan, Activate Capital: “Our investment in Aerones represents the continuation of a long-held thesis at Activate that successfully transitioning our energy systems to renewable power will require fundamentally new technologies and business models to manage the distributed infrastructure. In a world where energy costs are rising – and energy resilience and security more critical than ever – Aerones brings a unique set of robotic and AI capabilities to bear for wind, one of the fastest growing and cheapest forms of new energy generation globally. Aerones represents the future of intelligent, automated wind O&M, unlocking value for more than $1 trillion of installed wind assets globally, a figure that will double by 2030.”

Bala Nagarajan, S2G: “At S2G, we invest in solutions that unlock step-change improvements in productivity, safety and sustainability. Aerones is enhancing the resilience and performance of the wind industry with its robotics and AI-enabled platform and automating high-risk, labor-intensive tasks. In an industry facing growing labor shortages – particularly of experienced wind technicians – Aerones offers a scalable solution that equips wind operators with data and capabilities needed to shift from reactive to predictive and preventative maintenance strategies. We believe Aerones represents a critical advancement in the infrastructure supporting the energy transition and a clear example of innovation that scales both performance and impact.”

Veronica Barner, Wind Energy Product Executive, GE Vernova: “As a supplier, Aerones has provided us with various robotic solutions for wind turbine blade inspections and maintenance, and we’ve seen steady progress in both their technology and service delivery. Their technology is helping to address safety and services productivity in wind farms around the globe.”

About Aerones

Aerones is the global leader in robotic wind turbine inspection, maintenance, and AI-driven solutions, delivering faster, safer and more effective services with patented robotics technology. Aerones customers represent over 50 percent of the global wind power capacity, including leading operators such as NextEra, GE, Vestas, Enel and Siemens Gamesa.

For more information about Aerones, visit https://aerones.com or connect with us on LinkedIn. 

About Activate Capital 

Activate Capital is a growth-stage venture capital firm investing in the sustainable, resilient transformation of the global economy. Our portfolio companies enable the energy transition and help solve other critical 21st century challenges by accelerating decarbonization and strengthening resiliency across our core systems and infrastructure.

About S2G Investments 

S2G is a multi-stage investment firm focused on venture and growth-stage businesses across food & agriculture, oceans, and energy. The firm provides capital and value-added resources to companies and leadership teams pursuing market-based solutions designed to deliver greater value, improved outcomes, and enhanced performance over traditional alternatives. With a commitment to creating long-term, measurable outcomes, S2G structures flexible capital solutions that can range from venture funding through growth equity to debt and infrastructure financing.