Orbital Marine Power Overview
- Year Founded
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2002
- Status
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Private
- Employees
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37
- Latest Deal Type
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2ndary - Private
- Investors
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11
Orbital Marine Power General Information
Description
Developer of a tidal energy turbine technology designed to facilitate the global transition away from fossil fuels. The company's unique floating platform is moored via anchors in a powerful tidal stream or river currents, while rotors capture the dense flowing energy, providing people, communities, and businesses with lower-cost clean energy.
Contact Information
Website
www.orbitalmarine.comCorporate Office
- Innovation Centre - Orkney
- Hatston Pier Road
- Kirkwall KW15 1ZL
- Scotland, United Kingdom
Corporate Office
- Innovation Centre - Orkney
- Hatston Pier Road
- Kirkwall KW15 1ZL
- Scotland, United Kingdom
Orbital Marine Power Timeline
Orbital Marine Power Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 14. Secondary Transaction - Private | 11-May-2022 | Completed | Generating Revenue | |||
| 13. Later Stage VC | 14-Jan-2022 | Completed | Generating Revenue | |||
| 12. Later Stage VC | 10-Jan-2022 | Completed | Generating Revenue | |||
| 11. Equity Crowdfunding | 10-Feb-2021 | Completed | Generating Revenue | |||
| 10. Secondary Transaction - Private | Completed | Generating Revenue | ||||
| 9. Grant | 26-Aug-2019 | Completed | Generating Revenue | |||
| 8. Debt - General | 10-Jan-2019 | Completed | Generating Revenue | |||
| 7. Later Stage VC | 19-Sep-2018 | Completed | Generating Revenue | |||
| 6. Later Stage VC | 18-Jan-2017 | $7.01M | $29.2M | Completed | Generating Revenue | |
| 5. Later Stage VC | 30-Mar-2015 | $4.49M | $22.2M | Completed | Generating Revenue |
Orbital Marine Power Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Ordinary | ||||||||
| C Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | 1,129 | $0.013452 | $57.24 | $57.24 | 1x | $57.24 | 0.02% | |
| Ordinary | 87,248 | $0.013452 | $57.24 | $57.24 | 1x | $57.24 | 1.19% |
VC Exit Predictor
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Opportunity Score
Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.
Exit Type
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Orbital Marine Power Comparisons
Industry
Financing
Details
Orbital Marine Power Competitors (7)
One of Orbital Marine Power’s 7 competitors is Nova Innovation, a Private Equity-Backed company based in Edinburgh, United Kingdom.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Nova Innovation | Private Equity-Backed | Edinburgh, United Kingdom | ||||
| Tocardo | Corporate Backed or Acquired | Wieringerwerf, Netherlands | ||||
| Oceana Energy | Formerly Angel backed | Washington, DC | ||||
| Sustainable Marine Energy | Formerly VC-backed | London, United Kingdom | ||||
| Sabella | Formerly VC-backed | Quimper, France |
Orbital Marine Power Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Orbital Marine Power Patents
Orbital Marine Power Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| EP-4248082-A1 | Improved power generating apparatus | Pending | 20-Nov-2020 | ||
| CA-3197328-A1 | Improved power generating apparatus | Pending | 20-Nov-2020 | ||
| GB-202018290-D0 | Improved power generating apparatus | Inactive | 20-Nov-2020 | ||
| GB-202018292-D0 | Safe power generating apparatus | Inactive | 20-Nov-2020 | ||
| US-20240011459-A1 | Improved power generating apparatus | Active | 20-Nov-2020 | F03B17/061 |
Orbital Marine Power Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Orbital Marine Power Investors (11)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| TechnipFMC | Corporation | Minority | ||
| The Scottish Government | Government | |||
| Angel (individual) | Minority | |||
| DP Energy Ireland | Corporation | Minority | ||
| Harland And Wolff Heavy Industries | Corporation | Minority |
Orbital Marine Power FAQs
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When was Orbital Marine Power founded?
Orbital Marine Power was founded in 2002.
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Where is Orbital Marine Power headquartered?
Orbital Marine Power is headquartered in Kirkwall, United Kingdom.
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What is the size of Orbital Marine Power?
Orbital Marine Power has 37 total employees.
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What industry is Orbital Marine Power in?
Orbital Marine Power’s primary industry is Alternative Energy Equipment.
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Is Orbital Marine Power a private or public company?
Orbital Marine Power is a Private company.
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What is Orbital Marine Power’s current revenue?
The current revenue for Orbital Marine Power is .
-
How much funding has Orbital Marine Power raised over time?
Orbital Marine Power has raised $59.2M.
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Who are Orbital Marine Power’s investors?
TechnipFMC, The Scottish Government, , DP Energy Ireland, and Harland And Wolff Heavy Industries are 5 of 11 investors who have invested in Orbital Marine Power.
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Who are Orbital Marine Power’s competitors?
Nova Innovation, Tocardo, Oceana Energy, Sustainable Marine Energy, and Sabella are some of the 7 competitors of Orbital Marine Power.
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