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GE Finances Wind Tech Startup

Danotek, a wind technology developer, has raised $15 million from GE Energy Financial Services and other early-stage green power investors. Danotek’s magnetic technology captures the mechanical energy produced from wind blades and converts it into electricity.

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Danotek Raises $13.2M from Khosla Ventures, Others

The developer of generators and components to supply wind energy to the power grid, Danotek Motion Technologies has raised $13.2 million in its latest round of funding. Khosla Ventures led the funding. Other participants in this second round of funding� included return backers CMEA Ventures, StatoilHydro Venture and GE Energy Financial Services. Danotek, based in…

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