Mocean Energy Overview

  • Year Founded
  • 2013

Year Founded

  • Status
  • Private

  • Employees
  • 17

Employees

  • Latest Deal Type
  • Later Stage VC

  • Latest Deal Amount
  • $6.68M

  • Investors
  • 12

Mocean Energy General Information

Description

Developer of an energy converter designed to increase the generation and use of electricity from renewable power. The company's converter drives a power take-off mechanism that converts the kinetic energy into electricity, enabling customers to use reliable, affordable renewable energy to power a range of subsea applications from control systems to remotely operated vehicles and autonomous underwater vehicles.

Contact Information

Formerly Known As
HMS (984), Openore
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • Ground Floor Orchard Brae House, 30 Queensferry Road
  • Suite 2
  • Edinburgh EH4 2HS
  • Scotland, United Kingdom
+44 0330
Primary Industry
Alternative Energy Equipment
Vertical(s)
Corporate Office
  • Ground Floor Orchard Brae House, 30 Queensferry Road
  • Suite 2
  • Edinburgh EH4 2HS
  • Scotland, United Kingdom
+44 0330

Mocean Energy Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

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Mocean Energy Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
12. Later Stage VC 28-Jul-2026 $6.68M Completed Generating Revenue
11. Later Stage VC 30-Apr-2025 Completed Generating Revenue
10. Equity Crowdfunding 19-Dec-2024 Completed Generating Revenue
9. Later Stage VC 13-Nov-2023 Completed Generating Revenue
8. Grant 13-Nov-2023 Completed Generating Revenue
7. Later Stage VC 16-Jun-2022 Completed Generating Revenue
6. Seed Round 18-Nov-2020 Completed Generating Revenue
5. Grant 18-Nov-2020 Completed Generating Revenue
4. Accelerator/Incubator 19-May-2019 $130K $206K Completed Startup
3. Angel (individual) 05-Feb-2019 $75.9K $75.9K Completed Startup
To view Mocean Energy’s complete valuation and funding history, request access »

Mocean Energy Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
A Ordinary
Ordinary
Ordinary
Ordinary 51,857 $0.000012 $14.4 $14.4 1x $14.4 13.25%
Ordinary 11,700 $0.000012 $6.1 $6.1 1x $6.1 2.99%
To view Mocean Energy’s complete cap table history, request access »

VC Exit Predictor

See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.

Opportunity Score

Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.

Exit Type

Evaluates the likelihood of a successful exit for investors, and the most likely exit type.

Mocean Energy Patents

Mocean Energy Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
GB-202407834-D0 Mooring apparatus and method of installation thereof Inactive 03-Jun-2024
WO-2025253096-A1 Mooring apparatus and method of installation thereof Pending 03-Jun-2024
GB-202319688-D0 A hinged raft wave energy conversion apparatus and method of use Inactive 20-Dec-2023
WO-2025133020-A1 A hinged raft wave energy conversion apparatus and method of use Inactive 20-Dec-2023
GB-202003937-D0 Wave energy conversion apparatus Inactive 18-Mar-2020
To view Mocean Energy’s complete patent history, request access »

Mocean Energy Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Mocean Energy Investors (12)

Investor Name Investor Type Holding Investor Since Participating Rounds
European Union Government
Katapult Ocean Venture Capital Minority
MOL PLUS Corporate Venture Capital Minority
Conduit Connect Impact Investing Minority
The University of Edinburgh University Minority
You’re viewing 5 of 12 investors. Get the full list »

Mocean Energy FAQs

  • When was Mocean Energy founded?

    Mocean Energy was founded in 2013.

  • Where is Mocean Energy headquartered?

    Mocean Energy is headquartered in Edinburgh, United Kingdom.

  • What is the size of Mocean Energy?

    Mocean Energy has 17 total employees.

  • What industry is Mocean Energy in?

    Mocean Energy’s primary industry is Alternative Energy Equipment.

  • Is Mocean Energy a private or public company?

    Mocean Energy is a Private company.

  • What is Mocean Energy’s current revenue?

    The current revenue for Mocean Energy is .

  • How much funding has Mocean Energy raised over time?

    Mocean Energy has raised $13.2M.

  • Who are Mocean Energy’s investors?

    European Union, Katapult Ocean, MOL PLUS, Conduit Connect, and The University of Edinburgh are 5 of 12 investors who have invested in Mocean Energy.

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