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Albatern

Description

Developer of wave energy generator device. The company manufactures generator devices which enables conversion of energy from ocean waves into economically viable energy sources without the production of harmful green houses gases and subsequent damage to the natural environment.

1990

Founded

PRIVATE

Status

11-50

Employees

Grant

Latest Deal Type

$1.04M

Latest Deal Amount

$1.61M

Total Amount Raised

Description

Developer of wave energy generator device. The company manufactures generator devices which enables conversion of energy from ocean waves into economically viable energy sources without the production of harmful green houses gases and subsequent damage to the natural environment.

Website:

www.albatern.co.uk

Ownership Status

Privately held (backing)

Financing Status

Venture Capital-Backed

Primary Industry

Alternative Energy Equipment

Other Industries

Energy Production

Primary Office

Midlothian Innovation Centre Pentlandfield, Roslin Midlothian EH25 9REScotland +44 (0)13 1440 9025
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Albatern Valuation and Funding

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Deal TypeDateAmountRaised to DatePost-ValStatusStage

Albatern Cap Table

Stock# of Shares
Authorized
Par ValueDividend Rate (%)Original
Issue Price
LiquidationLiquidation
Pref. Multiple
Conversion
Price
% Owned

Albatern Investors (1)

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Investor NameInvestor TypeHoldingInvestor SinceParticipating RoundsBoard
Seat
Contact
Info
Scottish EnterpriseVenture CapitalMinority000 0000000 0000
Scottish Enterprise Venture Capital

Albatern Executive Team (3)

NameTitleBoard
Seat
Contact
Info
John FindlayChief Executive Officer
David CampbellBoard Member & Chief Financial Officer
David FindlayBoard Member & Chief Technology Officer
John Findlay Chief Executive Officer
David Campbell Board Member & Chief Financial Officer
David Findlay Board Member & Chief Technology Officer

Albatern Board Members (3)

NameRepresentingRoleSinceContact
Info
David CampbellAlbaternBoard Member & Chief Financial Officer000 0000
David FindlayAlbaternBoard Member & Chief Technology Officer000 0000
Donald HoustonAlbaternBoard Member000 0000
David Campbell Board Member & Chief Financial Officer Albatern
David Findlay Board Member & Chief Technology Officer Albatern
Donald Houston Board Member Albatern
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