ATAREC Overview

  • Year Founded
  • 2019

Year Founded

  • Status
  • Private

  • Employees
  • 2

Employees

  • Latest Deal Type
  • Series 1

  • Latest Deal Amount
  • $200K

  • Investors
  • 8

ATAREC General Information

Description

Provider of renewable energy services intended to make natural resources sustainable for humanity. The company provides sustainable energy options and their applications, particularly for developments exposed to the sea, enabling customers to get access to renewable energy and become economically, socially, and environmentally responsible.

Contact Information

Website
www.atarec.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • Zone Franche Ksar El Majaz, Port Tanger Med 2
  • Tangier
  • Morocco
+212
Primary Industry
Alternative Energy Equipment
Other Industries
Other Commercial Services
Vertical(s)
CleanTech
Corporate Office
  • Zone Franche Ksar El Majaz, Port Tanger Med 2
  • Tangier
  • Morocco
+212

ATAREC Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

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ATAREC Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
7. Seed Round $200K Completed Generating Revenue
6. Grant 14-Oct-2025 Completed Generating Revenue
5. Accelerator/Incubator 20-May-2025 Completed Generating Revenue
4. Accelerator/Incubator 01-Jan-2024 Completed Generating Revenue
3. Accelerator/Incubator 01-Jan-2023 Completed Generating Revenue
2. Seed Round 10-Mar-2022 Completed Generating Revenue
1. Grant 01-Jan-2021 $487K Completed Generating Revenue
To view ATAREC’s complete valuation and funding history, request access »

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ATAREC Patents

  • 2

    Total Documents Applications and Grants

  • Total Patents Families

  • 1

    Granted

  • Pending

  • Expiring in next 12 mo

ATAREC Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20230088464-A1 Device harnessing wave energy to produce electrical energy with amplification system Inactive 07-Feb-2020
JP-7635248-B2 Devices that harness wave energy to generate electrical energy, including amplification systems Active 07-Feb-2020

ATAREC Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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ATAREC Investors (8)

Investor Name Investor Type Holding Investor Since Participating Rounds
MIT Solve Accelerator/Incubator
Small Business Innovation Research and Small Business Technology Transfer Programs Government
World Economic Forum VC-Backed Company
Savant (South Africa) Accelerator/Incubator
Africa Tech Startup Forum Accelerator/Incubator
You’re viewing 5 of 8 investors. Get the full list »

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ATAREC FAQs

  • When was ATAREC founded?

    ATAREC was founded in 2019.

  • Where is ATAREC headquartered?

    ATAREC is headquartered in Tangier, Morocco.

  • What is the size of ATAREC?

    ATAREC has 2 total employees.

  • What industry is ATAREC in?

    ATAREC’s primary industry is Alternative Energy Equipment.

  • Is ATAREC a private or public company?

    ATAREC is a Private company.

  • What is the current valuation of ATAREC?

    The current valuation of ATAREC is .

  • What is ATAREC’s current revenue?

    The current revenue for ATAREC is .

  • How much funding has ATAREC raised over time?

    ATAREC has raised $200K.

  • Who are ATAREC’s investors?

    MIT Solve, Small Business Innovation Research and Small Business Technology Transfer Programs, World Economic Forum, Savant (South Africa), and Africa Tech Startup Forum are 5 of 8 investors who have invested in ATAREC.

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