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Albatern

Description

Developer of wave energy generator devices designed to offer clean sustainable energy. The company's wave energy generator devices helps in conversion of energy from ocean waves without the production of harmful green houses gases and subsequent damage to the natural environment, providing consumers with economically viable system for extracting energy from ocean waves.

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 devices designed to offer clean sustainable energy. The company's wave energy generator devices helps in conversion of energy from ocean waves without the production of harmful green houses gases and subsequent damage to the natural environment, providing consumers with economically viable system for extracting energy from ocean waves.

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 (2)

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    Investor NameInvestor TypeHoldingInvestor SinceParticipating RoundsBoard
    Seat
    Contact
    Info
    Scottish EnterpriseVenture CapitalMinority000 0000000 0000
    WATERS2OtherMinority000 0000000 0000
    Scottish Enterprise Venture Capital
    WATERS2 Other

    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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