Danotek said the funding from Khosla Ventures, CMEA Capital, GE Energy Financial Services and Statoil Technology would allow its PMG technology to be deployed in wind turbines later this year.
Danotek CEO Don Naab said: "PMG generators are more efficient than conventional generators. They are half the weight and deliver improved reliability because they contain no wear and tear parts."
This latest round of venture capital brings the total funding invested in Danotek, which is based in Missouri, USA, to $41 million.
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