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Orbital Marine Power

company

About

Scotrenewables Tidal Power is a renewable energy research and development company focused on tidal power.

  • 11 - 50

Highlights

Total Funding Amount
£8M
Funding Rounds
1
Investors
1

Details

Last Funding Type
Series Unknown
Last Funding Money Raised
£8M
Industries
Energy,Renewable Energy
Founded date
Jan 1, 2002
Number Of Employee
11 - 50
Operating Status
Active

Scotrenewables Tidal Power Limited (SRTP) is a renewable energy research and development business based in the Orkney Islands. Founded in 2002, Scotrenewables has become a leading tidal turbine developer, and is the longest established, indigenous and still majority locally owned tidal energy technology developer based in Scotland.

SRTP have developed an innovative floating tidal energy converter known as the Scotrenewables Tidal Turbine. Nine different scale models of the device have been tested extensively over the past 10 years both offshore and in laboratory environments.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
£8M
Orbital Marine Power has raised a total of £8M in funding over 2 rounds. Their latest funding was raised on Jul 4, 2022 from a Series Unknown round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jul 4, 2022 Series Unknown £8M 1 — — Detail

Investors

Number of Lead Investors
Number of Investors
—
1
Orbital Marine Power is funded by 1 investors. Abundance Investment are the most recent investors.
Investor Name Lead Investor Funding Round
Abundance Investment — Series Unknown
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