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Albatern

Albatern
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.

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 9RE
Scotland

+44 (0)13 1440 9025
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Albatern Valuation and Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Grant 06-Jun-2014 $1.04M $1.61M Completed Generating Revenue
4. Grant 29-Aug-2012 00000 00.000 Completed Generating Revenue
3. Seed Round 20-Jul-2012 00000 00.000 00.000 Completed Generating Revenue
2. Seed Round 01-Oct-2011 $654k $749k $4.09M Completed Generating Revenue
1. Seed Round 28-May-2010 $95.5k $95.5k $1.85M Completed Generating Revenue
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Albatern Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion
Price
% Owned
Ordinary 1 0,000,000 00.00 00.00 00 00.00 00.000
Ordinary 000,000 00.00 00.00 00 00.00 0.000
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Albatern Investors (2)

Investor Name Investor Type Holding Investor Since Participating Rounds Board
Seat
Contact
Info
Scottish Enterprise Venture Capital Minority 000 0000 000000 0
WATERS2 Other Minority 000 0000 000000 0

You’re viewing 2 of 2 investors.

Albatern Executive Team (3)

Name Title Board
Seat
Contact
Info
John Findlay Chief Executive Officer
David Campbell Board Member & Chief Financial Officer
David Findlay Board Member & Chief Technology Officer

You’re viewing 3 of 3 executives.

Albatern Board Members (3)

Name Representing Role Since Contact
Info
David Campbell Albatern Board Member & Chief Financial Officer 000 0000
David Findlay Albatern Board Member & Chief Technology Officer 000 0000
Donald Houston Albatern Board Member 000 0000

You’re viewing 3 of 3 board members.