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Principle Power
company
About
Principle Power offers wind installations for the deep-water, offshore wind energy market.
- 11 - 50
Details
- Last Funding Type
- Grant
- Last Funding Money Raised
- $3.60M
- Industries
- Energy,Water,Wind Energy
- Founded date
- Jan 1, 2007
- Number Of Employee
- 11 - 50
- Operating Status
- Active
Principle Power is focused on the deep-water offshore wind energy market. Deep-water (depth greater than 50 meters) offshore wind installations have neither been viable nor feasible due to economic and technological limitations.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
1
$3.60M
Principle Power has raised a total of
$3.60M
in funding over 2 rounds. Their latest funding was raised on
Sep 26, 2019 from a Grant round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Sep 26, 2019 | Grant | $3.60M | 1 |
US Department of Energy
|
— | Detail |
Investors
Number of Lead Investors
Number of Investors
1
1
Principle Power is funded by 1 investors.
US Department of Energy
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
US Department of Energy
|
Yes | Grant |
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