Orbital Marine Power Overview

  • Founded
  • 2002
Founded
  • Status
  • Private
  • Employees
  • 32
Employees
  • Latest Deal Type
  • Crowdfunding
  • Latest Deal Amount
  • $3.97M
Latest Deal Amount
  • Investors
  • 11

Orbital Marine Power General Information

Description

Developer of utility-scale and run of river tidal energy turbine technology intended to produce a dramatic reduction in the cost of energy from tidal currents. The company's technology has been under continuous engineering development, including rigorous testing of scaled and full-scale award-winning systems in both tank conditions and open ocean environments, enabling clients to have access to turbines with low installation and maintenance costs.

Contact Information

Formerly Known As
Scotrenewables Tidal Power, Scotrenewables (Marine Power), Scottide
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Alternative Energy Equipment
Other Industries
Water Utilities
Primary Office
  • Innovation Centre
  • Hatston Pier Road, Kirkwall
  • Orkney KW15 1ZL
  • Scotland, United Kingdom
+44 01856 000000

Orbital Marine Power Timeline

2018201920202021
Financing RoundCaptured Employee CountEstimated Employee Growth
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Orbital Marine Power Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
11. Equity Crowdfunding 10-Feb-2021 $3.97M 000.00 000.00 Completed Generating Revenue
10. Secondary Transaction - Private 000.00 Completed Generating Revenue
9. Grant 26-Aug-2019 00.000 000.00 Completed Generating Revenue
8. Debt - General 10-Jan-2019 00.000 000.00 Completed Generating Revenue
7. Later Stage VC 19-Sep-2018 00.000 000.00 00.000 Completed Generating Revenue
6. Later Stage VC 18-Jan-2017 00.000 000.00 000.00 Completed Generating Revenue
5. Later Stage VC 30-Mar-2015 00.000 000.00 000.00 Completed Generating Revenue
4. Later Stage VC 21-Oct-2013 000.00 000.00 000.00 Completed Generating Revenue
3. Grant $1.5M $5.24M Completed Generating Revenue
2. Later Stage VC 01-Mar-2011 $3.75M $5.24M 0000 Completed Generating Revenue
To view Orbital Marine Power’s complete valuation and funding history, request access »

Orbital Marine Power Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
C Ordinary 000,000 00.000000 00.00 00.00 00 00.00 0.000
Ordinary 000,000 00.000000 00.00 00.00 00 00.00 0.000
Ordinary 0,000,000 00.000000 00.00 00.00 00 00.00 00.000
Ordinary 000,000 00.000000 000.00 000.00 00 000.00 0.00
Ordinary 000,000 00.000000 000.00 000.00 00 000.00 0.000
Ordinary 000 00.000000 000.00 000.00 00 000.00 0.000
Ordinary 1,129 $0.013675 $58.19 $58.19 1x $58.19 0.02%
Ordinary 87,248 $0.013675 $58.19 $58.19 1x $58.19 1.36%
To view Orbital Marine Power’s complete cap table history, request access »

Orbital Marine Power Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Developer of utility-scale and run of river tidal energy turbine technology intended to produce a dramatic reduction in
Alternative Energy Equipment
Orkney, United Kingdom
32 As of 2021
000.00
00.00 0000-00-00
000000000000 000.00

0000 000

scing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veni
00000000000 000000 000000000
Edinburgh, United Kingdom
00 As of 0000
000.00
0000000 0000 000.00

0000000

et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut
00000000000 000000 000000000
Quimper, France
00 As of 0000
0000
00.00 0000-00-00
0000000000 0 0000
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Orbital Marine Power Competitors (5)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Nova Innovation Private Equity-Backed Edinburgh, United Kingdom 00 000.00 0000000 0000 000.00
0000000 Venture Capital-Backed Quimper, France 00 0000 0000000000 0 0000
0000000 0000000000 Corporate Backed or Acquired Wieringerwerf, Netherlands 00 000000&0
00000000000 000000 Venture Capital-Backed Edinburgh, United Kingdom 00 000.00 0000000000 0 000.00
00000 00000000 000 Corporation Edinburgh, United Kingdom 00 00000 000000000 00000
You’re viewing 5 of 5 competitors. Get the full list »

Orbital Marine Power Executive Team (8)

Name Title Board Seat Contact Info
Andrew Scott Chief Executive Officer & Board Member
Christopher Milne Chief Financial Officer
Oliver Wragg Director, Commercial
James Murray Manager, Business Development
You’re viewing 4 of 8 executive team members. Get the full list »

Orbital Marine Power Board Members (10)

Name Representing Role Since
Andrew Scott Orbital Marine Power Chief Executive Officer & Board Member 000 0000
Matthew McGrath Self Board Member 000 0000
Matthias Haag Self Board Member 000 0000
Paul Smith Scottish Enterprise Board Member 000 0000
Sian George Ph.D Orbital Marine Power Chairman 000 0000
You’re viewing 5 of 10 board members. Get the full list »

Orbital Marine Power Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Orbital Marine Power Investors (11)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
The Scottish Government Government 000 0000 000000 0
Matthew McGrath Angel (individual) Minority 000 0000 000000 0
DP Energy Ireland Corporation Minority 000 0000 000000 0
Harland And Wolff Heavy Industries Other Minority 000 0000 000000 0
Scotmarine Other Minority 000 0000 000000 0
You’re viewing 5 of 11 investors. Get the full list »