UGEN Overview
- Status
-
Private
- Latest Deal Type
-
Corporate
- Latest Deal Amount
-
$3M
- Investors
-
2
UGEN General Information
Description
Developer of a wave energy converter designed for coastal areas having large waves. The company's converter uses a technology that consists of an asymmetric floater with an interior U-tank filled with water and two lateral air chambers connected by a duct where a reversible air turbine is installed to absorb the wave energy, enabling clients to have alternative energy sources.
Contact Information
Corporate Office
- Lisbon
- Portugal
Corporate Office
- Lisbon
- Portugal
UGEN Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 3. Corporate | 13-Jun-2017 | $3M | Completed | Generating Revenue | ||
| 2. Corporate | 21-Mar-2017 | Completed | Generating Revenue | |||
| 1. Accelerator/Incubator | Completed | Startup |
UGEN Investors (2)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| IGG | Corporation | |||
| Building Global Innovators | Accelerator/Incubator |
UGEN FAQs
-
Where is UGEN headquartered?
UGEN is headquartered in Lisbon, Portugal.
-
What industry is UGEN in?
UGEN’s primary industry is Alternative Energy Equipment.
-
Is UGEN a private or public company?
UGEN is a Private company.
-
What is UGEN’s current revenue?
The current revenue for UGEN is .
-
How much funding has UGEN raised over time?
UGEN has raised $3.3M.
-
Who are UGEN’s investors?
IGG and Building Global Innovators have invested in UGEN.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read blog » -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process »
