Latvian Robotics Firm Aerones Raises $62M to Expand Wind Turbine Maintenance Tech

Latvian tech startup Aerones has secured $62 million in equity funding to accelerate the global expansion of its AI-powered wind turbine maintenance robots. The company, which already serves major clients like GE and Enel (BIT:ENEI), aims to deploy its solutions across more than 30 countries, significantly reducing turbine downtime and boosting energy efficiency.

Wind energy now generates nearly 10% of global electricity and is expanding rapidly. However, most turbines are still serviced manually, leading to long maintenance periods and high operational costs. Aerones’ robotic systems offer a faster, safer, and more cost-effective alternative—capable of maintaining massive turbine blades in half the time it takes human crews.

CEO and co-founder Dainis Kruze emphasized the industry’s urgent need for scalable maintenance solutions. “Wind turbine downtime costs more than labor,” Kruze said, noting that Aerones focuses on proactive blade care to prevent costly failures.

The funding round was led by U.S.-based Activate Capital and S2G Investments, signaling Aerones’ growing presence in the American market. The company, which recently opened a Dallas office, is actively hiring and training local staff to support its U.S. operations.

This latest investment follows a €4 million grant from the EU Innovation Fund and a €30 million round in 2023. Aerones plans to raise an additional $15–$20 million in venture debt later this year.

Since 2020, Aerones has enabled nearly 400,000 MWh of clean energy and helped prevent 165,000 tonnes of carbon emissions, aligning with global efforts to reduce climate impact. As demand for wind energy soars, Aerones is positioned to play a key role in transforming renewable energy infrastructure through automation and AI-driven innovation.