Tech Company Financing Transactions
Mocean Energy Funding Round
Equity Gap, Katapult Ocean and MOL PLUS participated in a $2.7 million funding round for Mocean Energy. The financing round was announced on 11/13/2023.
Transaction Overview
Company Name
Announced On
11/13/2023
Transaction Type
Venture Equity
Amount
$2,740,000
Round
Undisclosed
Investors
Proceeds Purpose
The new funds will help the Edinburgh and Aberdeen-based company commercialise and secure first orders for Blue Star, which will be built in Scotland targets decarbonising subsea operations in the offshore energy sector.
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
Floor 2 Murchison House 10 Max Born Crescent
Edinburgh, EH9 3BF
Scotland
Edinburgh, EH9 3BF
Scotland
Phone
Website
Email Address
Overview
Developer of an energy converter designed to rapidly increase the generation and use of electricity from renewable power. The company's converter drives a power take-off mechanism that converts the kinetic energy into electricity, enabling customers to use reliable, affordable renewable energy to power a range of subsea applications from control systems to remotely operated vehicles (ROVs) and autonomous underwater vehicles.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Founder
Cameron McNatt
Founder
Chris Retzler
VP - Operations
Yan Gunawardena
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