Company Profiles

driven by the PitchBook Platform

AWS Ocean Energy

Description

Developer of technology for utility-scale, wave-power generation. The company is the creator of an offshore wave-generating device that uses multi-cell arrays of flexible membrane absorbers which covert wave power to pneumatic power through compression of air within each cell. Each device is capable of producing an average 2.5 megawatts from a rough sea. They are designed to be moored in groups, or "farms."

2004

Founded

PRIVATE

Status

11-50

Employees

Grant

Latest Deal Type

$14.6M

Total Amount Raised

9

Investors

Description

Developer of technology for utility-scale, wave-power generation. The company is the creator of an offshore wave-generating device that uses multi-cell arrays of flexible membrane absorbers which covert wave power to pneumatic power through compression of air within each cell. Each device is capable of producing an average 2.5 megawatts from a rough sea. They are designed to be moored in groups, or "farms."

Website:

www.awsocean.com

Ownership Status

Privately Held (backing)

Financing Status

Venture Capital-Backed

Primary Industry

Alternative Energy Equipment

Other Industries

Energy Production

Primary Office

Findhorn House Dochfour Business Centre, Dochgarroch Inverness IV3 8GYScotland +44 (0)14 6372 5410
Request a free trial to the PitchBook Platform
You're viewing a free company profile from the PitchBook Platform. To explore AWS Ocean Energy's full profile, request a free trial.

AWS Ocean Energy Valuation and Funding

Request access
Deal TypeDateAmountRaised to DatePost-ValStatusStage

AWS Ocean Energy Investors (9)

Request access
Investor NameInvestor TypeHoldingInvestor SinceParticipating RoundsBoard
Seat
Contact
Info
ACTOMPE-Backed CompanyMinority000 0000000 0000
European Regional Development FundOther000 0000000 0000
Highlands and Islands EnterpriseGovernment000 0000000 0000
Kenda CapitalGrowth/ExpansionMinority000 0000000 0000
RAB CapitalAsset ManagerMinority000 0000000 0000
ACTOM PE-Backed Company
European Regional Development Fund Other
Highlands and Islands Enterprise Government
Kenda Capital Growth/Expansion
RAB Capital Asset Manager

AWS Ocean Energy Executive Team (3)

NameTitleBoard
Seat
Contact
Info
Simon GreyBoard Member & Chief Executive Officer
Fred GardnerCo-Founder
Hans van BreugelCo-Founder
Simon Grey Board Member & Chief Executive Officer
Fred Gardner Co-Founder
Hans van Breugel Co-Founder

AWS Ocean Energy Board Members (3)

NameRepresentingRoleSinceContact
Info
Judith MonsonSelfBoard Member & Commercial Director000 0000
Julien PelcotAlstomVice President of Service, Hydro, Alstom Renewable Power000 0000
Simon GreyAWS Ocean EnergyBoard Member & Chief Executive Officer000 0000
Judith Monson Board Member & Commercial Director Self
Julien Pelcot Vice President of Service, Hydro, Alstom Renewable Power Alstom
Simon Grey Board Member & Chief Executive Officer AWS Ocean Energy
Request full access to PitchBook