Vestas Ventures invests in wood technology start-up Modvion, to create sustainable products and low-carbon value chain
News release fromVestas Wind Systems A/SAarhus, 18 February 2021Vestas Ventures invests in wood technology start-up Modvion, to create sustainable products and low-carbon value chainVestas, the global leader in sustainable energy solutions, has invested in Swedish wood technology company Modvion, in a move towards creating fully sustainable products and solutions, and reducing carbon emissions from our value chain. The investment sees Vestas becoming a minority investor in the bio-composite specialist, and marks the first official investment from newly established corporate venture