# Saudi Aramco Energy Ventures leads Series C investment in Flowcastings GmbH

Saudi Aramco Energy Ventures (SAEV) led a Series C funding round in Flowcastings GmbH, a turbine blade manufacturer. The investment will be used to expand manufacturing capacity and increase sales force.

- Type: Investment
- Announced: 2021-07-19
- Where: Trebur, Germany, Germany
- Status: announced
- Products: turbine blades
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Aerospace Components](https://endata.com/sectors/aerospace-components.md), [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Flowcastings GmbH](https://endata.com/companies/56575.md)
- [Saudi Aramco Energy Ventures](https://endata.com/companies/3956.md) (investor)
- [Energy Innovation Capital](https://endata.com/companies/42322.md) (investor)
- [Eastern Sun Capital](https://endata.com/companies/56576.md) (investor)

## Sources

- [medium.com](https://medium.com/energy-innovation-capital/saudi-aramco-energy-ventures-invests-in-turbine-innovator-flowcastings-gmbh-63243bbd7c0d), 2021-07-19: "We are very impressed with Flowcastings’ technology and the leadership team."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
