Principle Power Overview

  • Founded
  • 2007
Founded
  • Status
  • Acquired/​Merged
  • Employees
  • 91
Employees
  • Latest Deal Type
  • Corporate
  • Latest Deal Amount
  • $22M
Latest Deal Amount
  • Investors
  • 1

Principle Power General Information

Description

Provider of wind energy technology and services intended to unlocking offshore wind potential worldwide for the offshore wind energy market. The company's technology is a semi-submersible floating wind turbine foundation that provides access to transitional and deep-water sites globally, enabling the offshore wind industry projects to harvest the best wind resource, irrespective of water depth or seabed condition.

Contact Information

Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Primary Industry
Energy Infrastructure
Parent Company
Primary Office
  • 5901 Christie Avenue
  • Suite 303
  • Emeryville, CA 94608
  • United States
+1 (510) 000-0000
Want detailed data on 3M+ companies?

What you see here scratches the surface

Request a free trial
Want to dig into this profile?

We’ll help you find what you need

Learn more

Principle Power Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
9. Corporate 27-May-2020 $22M 0000 Completed Generating Revenue
8. Merger/Acquisition 10-Jul-2019 0000 Completed Generating Revenue
7. Corporate (Series B) 07-Feb-2018 0000 0000 Completed Generating Revenue
6. Grant 08-May-2014 0000 0000 Completed Generating Revenue
5. Grant 01-Mar-2013 00.000 0000 Completed Generating Revenue
4. Later Stage VC 01-Jan-2013 0000 Completed Generating Revenue
3. Grant 14-Dec-2012 0000 0000 Completed Startup
2. Early Stage VC 02-Mar-2009 $20M $20M Completed Startup
1. Seed Round 14-May-2008 $2.3M Completed Startup
To view Principle Power’s complete valuation and funding history, request access »

Principle Power Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Provider of wind energy technology and services intended to unlocking offshore wind potential worldwide for the offshore
Energy Infrastructure
Emeryville, CA
91 As of 2020
0000
000000000000 0000

000 0000

dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui o
000000 00000000000
Wanchai, Hong Kong
00 As of 0000
0000
00 000000 0000

0000000

scing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veni
000000 0000000000
Beijing, China
00000 As of 0000
Add Comparison

PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly.

Request a free trial

Principle Power Competitors (3)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
UPC Renewables Private Equity-Backed Wanchai, Hong Kong 00 0000 00 000000 0000
0000000 Corporation Beijing, China 00000
000000000 Private Equity-Backed Chicago, IL 000 000 0000000 0000 000
You’re viewing 3 of 3 competitors. Get the full list »

Principle Power Executive Team (16)

Name Title Board Seat Contact Info
João Metelo President, Chief Executive Officer & Board Member
Felipe Drukaroff Chief Financial Officer
Cornelius Drücker Chief Operating Officer
Steven Barras Chief Technology Officer
Aaron Smith Chief Commercial Officer
You’re viewing 5 of 16 executive team members. Get the full list »

Principle Power Board Members (12)

Name Representing Role Since
Adelino Matos Principle Power Board Member 000 0000
Bautista Sánchez Principle Power Board Member 000 0000
Gema Gonzalez Self Board Member 000 0000
João Metelo Principle Power President, Chief Executive Officer & Board Member 000 0000
Luis Manuel EDP Ventures Board Member 000 0000
You’re viewing 5 of 12 board members. Get the full list »

Principle 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

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

Principle Power Former Investors (7)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Department of Energy Government 000 0000 000000 0
EDP Ventures Corporate Venture Capital Minority 000 0000 000000 0
Government of UK Government 000 0000 000000 0
Keiretsu Forum Venture Capital Minority 000 0000 000000 0
Michael Hennessey Angel (individual) Minority 000 0000 000000 0
You’re viewing 5 of 7 investors. Get the full list »

Principle Power Investments & Acquisitions (2)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
000000 0000000000 03-Feb-2015 000000000000000000 Consulting Services (B2B) 00ã0 000000
WindPlus 18-Jun-2012 PE Growth/Expansion Alternative Energy Equipment
To view Principle Power’s complete investments and acquisitions history, request access »