Goliath Wind
Defunct2 known investors
Tallinn-based wind turbine technology company, developer of the Capella 3 turbine; Estonian entity deleted from the register in 2023.
Also known as Goliath Wind OU · GOLIATH Wind OÜ
Investors · 2
Company profile
researched Aug 2026Goliath Wind (GOLIATH Wind OÜ) is a wind turbine technology company established in 2008 and based in Tallinn, Estonia. It is classified under renewable energy, with sub-industry activity in wind power and environmental services and verticals spanning clean technology and manufacturing. The company developed the Capella™ 3 Wind Turbine, a turbine designed to deliver a low-cost renewable energy production system, and maintained a related product website at capellawindtechnology.com.
The company was characterized as early stage, with Soren Petersen as chief executive and Inerjys and the Concordia University Foundation as investors following a 2019 investment. Reported financials show no recorded revenue and net losses in every year from 2011 through 2017, ranging from roughly $312,000 in 2011 to about $991,000 in 2016. Estonian register data records employment falling from ten staff in early 2017 to two from 2019 onward, and the Estonian entity was deleted from the business register on 21 March 2023.
Founding story
The Estonian company was founded in 2008 and registered in the Estonian business register on 24 January 2008.
Business model
Goliath Wind developed wind turbine technology, centred on its own turbine design, with the stated aim of delivering a low-cost renewable energy production system. Estonian register data shows quarterly taxable turnover through 2017-2020 alongside consistently negative operating results in earlier years, indicating an R&D- and project-driven operation rather than a company at scale.
Traction
Reported no revenue for fiscal years 2011-2020 in available financial records, with net losses each year from 2011 to 2017. Estonian quarterly filings show taxable turnover peaking at €193,506 in Q3 2017 and declining to zero from Q4 2020 onward.
▸Full profile — market position, technology, go-to-market, geography, history
Market position
An early-stage renewable energy company in the wind power segment, developing its own turbine technology.
Technology
The Capella™ 3 Wind Turbine, a wind turbine designed to deliver a low-cost renewable energy production system.
Go-to-market
Renewable energy production, via wind turbine systems.
Geography
Headquartered in Tallinn, Estonia, with a commercialization plan to incorporate the business in Canada.
History
The Estonian entity GOLIATH Wind OÜ (registry code 11441701) was registered on 24 January 2008 with share capital of €13,214. Headcount peaked at around ten employees in 2017 and declined steadily to two by 2019-2021. In 2019 Inerjys and the Concordia University Foundation invested in the company, and a commercialization strategy envisaged incorporating Goliath Wind in Canada. Its Estonian VAT registration ended on 10 August 2020, quarterly labour taxes and turnover fell to zero from 2021, and the entity was deleted from the register on 21 March 2023, at which point former chief decision maker Søren Horn Petersen left. Register records also list tax debts of about €22,302 and creditors' claims of €251.83.
Compiled by commissioned research from 5 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Timeline · 5
launches, deals, and filingsThe Estonian entity (registry code 11441701) was recorded as deleted on 21.03.2023; chief decision maker Søren Horn Petersen left the same date.
The Estonian VAT identification number EE101210294 expired on 10.08.2020.
As part of a commercialization strategy, Goliath Wind was to be incorporated in Canada.
Inerjys partnered with the Concordia University Foundation to invest in Goliath Wind; the two are listed as current investors in the company.
The company developed the Capella™ 3 Wind Turbine, described as a wind turbine designed to deliver a low-cost renewable energy production system.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
▸Research sources · 5
primary sources listed
- ⚫ GOLIATH WIND OÜ (11441701) - Overview @ Inforegister.eeinforegister.ee · web
5 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Goliath Wind do?
- Tallinn-based wind turbine technology company, developer of the Capella 3 turbine; Estonian entity deleted from the register in 2023.
- Who are Goliath Wind's investors?
- Goliath Wind's investors include Inerjys Ventures Inc., Trind Ventures.