Diese Präsentation wurde erfolgreich gemeldet.
Wir verwenden Ihre LinkedIn Profilangaben und Informationen zu Ihren Aktivitäten, um Anzeigen zu personalisieren und Ihnen relevantere Inhalte anzuzeigen. Sie können Ihre Anzeigeneinstellungen jederzeit ändern.

Marine Energy Startup Landscape

278 Aufrufe

Veröffentlicht am

Feed Report

Veröffentlicht in: Daten & Analysen
  • Login to see the comments

Marine Energy Startup Landscape

  1. 1. APRIL 2018 MARINE ENERGY
  2. 2. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Marine Energy - Apr 2018 Contents Feed Summary Investment Trends Market Details Exit Outlook Investors News Appendix 2 TAKE SHARPER DECISIONS WITH TRACXN ✓ Analyst team Covering 250+ Sectors ✓ Proprietary Business Model tagging ✓ 6000+ On-demand Queries answered ✓ Sector Reports, Market Maps ✓ One-Click Connect with Founders Join 500+ Investors & Corporates to get the Tracxn Advantage
  3. 3. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Marine Energy - Apr 2018 Contents Feed Summary Investment Trends Market Details Exit Outlook Investors News Appendix 3 Feed Summary Investment Trend Summary Exit Outlook Summary BlueBox Summary of Key Markets Notable Companies in the Sector Recent News
  4. 4. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Marine Energy - Apr 2018 Note: Mega Companies includes IPO’d companies, Mega Acquisitions and Unicorn. Data is taken from Tracxn Platform as on April 3, 2018. Marine Energy Feed Summary 4 Marine Energy > Feed Summary Marine Energy or Ocean Energy is energy generated from ocean's waves, tides, currents, temperature differences and salinity gradient • Inclusions: All companies which have developed energy converters to harness energy from any of the ocean energy sources are included. • Exclusions: Consultancies and in-house university- developed energy converters are excluded from the scope of the feed. Off-shore drilling companies which are mainly focussed towards drilling operations with a minor focus on marine energy are also not included in the scope. • Excludes funding information of Chinese companies Feed in Numbers Overview $568M Funding 5 Mega Companies 85255 FundedCovered on Tracxn - Unicorns - Soonicorns 2 Minicorns 5 IPO’d Cos 28 Late Stage Cos 6 - Acquisitions 35 DeadPooled 4 Acquihired Series A+ Cos Wello (2008, Espoo, $14.2M) Eco Wave Power (2011, Tel Aviv, $5M) Carnegie Clean Energy (1999, Belmont) Top Companies
  5. 5. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Marine Energy - Apr 2018 $18M $28M $233M $72M $11M $4M 2013 2014 2015 2016 2017 2018* $ Funding # Rounds Investment Trend Summary Summary of Funding Activity in Marine Energy 5 $1.5M - Seed Sweetch Energy (2015, Lorient, $2M) Top Geos of InvestmentEntrepreneurial Activity Global Funding Trend *YTD *YTD Marine Energy > Feed Summary > Investment Trend Summary Seed CapDecisif Management (#1), Emertec Gestion (#1), Force29 (#1) Series A/B Emertec Gestion (#1), Force29 (#1), Go Capital (#1) Series C+ Tekes (#1) Incubators Chalmers Ventures (#1) Other Notable Investors European Commission (#5), Scottish Enterprise (#4), Bpifrance (#3) Debt Investors PMV (#1) Most Active InvestorsRecent Investments 11 14 12 6 2013 2014 2015 2016 2017 2018* Y-o-Y # of Companies Founded 9 9 15 6 8 2 $466M $32.1M $20.5M $17.8M $6M Europe Canada Scotland US Australia $ Funding
  6. 6. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Marine Energy - Apr 2018 Summary of exit outlook in Marine Energy Exit Outlook Summary 66 Most Active AcquirersTop Investors in Exits BGA Invest 1 Minesto (2007, Vastra Frolunda, $2.5M) Dunross 1 Minesto (2007, Vastra Frolunda, $2.5M) Midroc 1 Minesto (2007, Vastra Frolunda, $2.5M) Saab 1 Minesto (2007, Vastra Frolunda, $2.5M) Statkraft 1 Atlantis Resources (1996, Edinburgh, $28.2M) Marine Energy > Feed Summary > Exit Outlook Summary Recent IPOs Top Acquisitions Minesto Dec 2015 Device to harness tidal energy IPO MCap: - Current MCap: - Ocean Power Technologies Apr 2007 Point absorber wave energy converter IPO MCap: $204M Current MCap: $20.5M Ocean Thermal Energy Corporation Developer of marine technologies based on… IPO MCap: - Current MCap: - Atlantis Resources Feb 2014 Tidal power plant developer IPO MCap: $121M Current MCap: $52.7M Protean Energy Dec 2006 Developer of wave energy conversion techn… IPO MCap: $7.6M Current MCap: $1.6M
  7. 7. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Marine Energy - Apr 2018 April 2018Tracxn BlueBox – Marine Energy 250+ companies in the sector, 54 funded in last 5 years, $33M invested in last 2 Years Most Active Investors: Scottish Enterprise, European Commission, Department of Energy, European Union, Oregon Wave Multiple Sources $2.5M Energy Generation Equipment StraumGroup (2011, Tonsberg) Technology Enabler Open Ocean (2011, Paris, $1.7M) Wave $211M Energy Converters Aquamarine Power (2005, Edinburgh, $44.5M) Tidal $228M Energy Generation Equipment Tocardo International (2008, Den Oever, $200M) Ocean Currents $120M Energy Generation Equipment Minesto (2007, Vastra Frolunda, $2.5M, IPO) Thermal Energy $350k Energy Generation Equipment Ocean Thermal Energy Corporation (1988, Lancaster, IPO) Marine Energy > Feed Summary > BlueBox 7 Cumulative funding in the marketFunding data excludes Debt, Grants & Post-IPO rounds. Excludes all details for Chinese companies For any Feedback and Query reach out to MyAnalyst@tracxn.com
  8. 8. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Marine Energy - Apr 2018 Key Sub Sectors in Marine Energy Sector Summary of Key Markets 8 Sub Sectors # Cos Tracked # Funded Total Funding Tidal Companies developing energy generation equipment and providing services to harness tidal... 18 5 $228M Wave Companies developing wave energy converters and providing services to harness wave energy 141 46 $211M Ocean Currents Companies developing energy generation equipment and providing services to harness energy... 60 24 $120M Multi-Source Energy Provider Companies developing technologies and providing services for marine energy applications... 21 4 $2.5M Salinity Gradient Power Conversion Companies developing energy generation equipment and providing services to harness energy... 2 1 $1.5M Ocean Thermal Energy Conversion Companies developing energy generation equipment and providing services to harness ocean... 9 4 $350k Marine Energy > Feed Summary > Summary of Key Markets
  9. 9. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Marine Energy - Apr 2018 List of Notable Companies in Marine Energy Notable Companies in the Sector 9 Note: *(Founded Year, Location, Total Funding) Marine Energy > Feed Summary > Notable Companies in the Sector Public Ocean Power Technologies (1994, Pennington)* Atlantis Resources (1996, Edinburgh, $28.2M) Protean Energy (2006, Perth) Minesto (2007, Vastra Frolunda, $2.5M) Ocean Thermal Energy Corporation (1988, Lancaster)
  10. 10. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Marine Energy - Apr 2018 List of Notable Companies by Market in Marine Energy Notable Companies by Market (1/2) 11 Marine Energy > Feed Summary > Notable Companies by Market Wave Energy Converters Protean Energy (2006, Perth) Developer of wave energy conversion technologies Editor's Pick. Stage: Public Ocean Power Technologies (1994, Pennington) Point absorber wave energy converter Stage: Public Australian Renewable Energy Agency, Department of Energy, European Commission and 1 Other Investors Tidal Project Developers Atlantis Resources (1996, Edinburgh, $28.2M) Tidal power plant developer Stage: Public European Commission, Morgan Stanley, EDBI and 1 Other Investors Ocean Currents Energy Generation Equipment Minesto (2007, Vastra Frolunda, $2.5M) Device to harness tidal energy Stage: Public Swedish Energy Agency, KIC InnoEnergy, European Commission and 7 Other Investors
  11. 11. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Marine Energy - Apr 2018 List of Notable Companies by Market in Marine Energy Notable Companies by Market (2/2) 12 Marine Energy > Feed Summary > Notable Companies by Market Ocean Thermal Energy Conversion Energy Generation Equipment Ocean Thermal Energy Corporation (1988, Lancaster) Developer of marine technologies based on OTEC and SWAC Stage: Public
  12. 12. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Marine Energy - Apr 2018 Recent News in Marine Energy Sector Recent News 13 Marine Energy > Feed Summary > Recent News Mar 2018 SINN Power all set for Cape Verde wave energy project launch, Tidal Energy Today Mar 2018 Tribute Resources Inc. Announces the Bankruptcy of Tocardo International B.V., FSCWire Mar 2018 AW-Energy seeks suppliers for WaveRoller serial production, Tidal Energy Today Mar 2018 Hann-Ocean achieves wave energy breakthrough, Tidal Energy Today Mar 2018 Columbia Power reshuffles wave team, Tidal Energy Today Mar 2018 Katanes Wind-Wave Demonstrator Could Start Producing by 2022, Offshore Wind Mar 2018 Wave/wind embraces Scotland, ReNEWS Mar 2018 AW-Energy makes substation construction headway in Portugal, Tidal Energy Today Mar 2018 Nautricity’s tidal turbine up for retrieval, Tidal Energy Today Mar 2018 RedT Energy Wins Storage Contract For UK Tidal Generation Project, London South East Mar 2018 Seabased inks deal for 100MW wave energy park off Ghana, Tidal Energy Today Mar 2018 Carnegie gets funding to add solar to offshore gas facility in Timor sea, PV-Tech Mar 2018 Ocean Power Technologies Signs Agreement with Eni S.p.A. to Provide PB3 PowerBuoy™ for Subsea Oil and Gas Operations, GlobeNewswire Key Recent News Key Recent News Mar 2018 Eco Wave Power to build 4.8-MW plant in Mexico, Renewables Now Mar 2018 Carnegie wins govt grant for powering offshore gas platform with PV, Renewables Now Mar 2018 OPT closes in on lawsuit settlement with Australian gov entity, Tidal Energy Today Mar 2018 Carnegie scores wave research cash, Tidal Energy Today Mar 2018 Atlantis Resources making good progress on Uskmouth power station acquisition, Proactive Investors Mar 2018 Wavepiston equips wave system with new energy collector, Tidal Energy Today Mar 2018 ORPC subsidiary hires president and CEO to guide its Canadian expansion, Mainebiz Mar 2018 Green Marine on Atlantis duty, ReNEWS Mar 2018 Ocean Power Technologies Announces Third Quarter Fiscal 2018 Results, GlobeNewswire Mar 2018 Tocardo and DELTA make tidal energy deal, Tidal Energy Today Feb 2018 Carnegie switches Oz wave focus, ReNEWS Feb 2018 Minesto bags USD 9m to support development strategy, Renewables Now Feb 2018 Carnegie wins $2.4m for Australian solar+storage project, Decentralized Energy Feb 2018 Fresh investment keeps Tocardo above water, Tidal Energy Today
  13. 13. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Marine Energy - Apr 2018 Contents Feed Summary Investment Trends Market Details Exit Outlook Investors News Appendix 14 Funding Trends Median Deal Size and Trend New Entrants in Funding Club Distribution of companies by Funding Range Funding Funnel of the Sector Top Investments and Investors Investors in Unicorn club
  14. 14. Some more Sector Reports you might want to check out Join 4000+ people taking sharper decisions with Tracxn AI Infrastructure Jan 2018 Healthcare IT Jan 2018 FoodTech Dec 2017
  15. 15. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Marine Energy - Apr 2018 $30M $16M $18M $28M $233M $72M $11M $4M 0 2 4 6 8 10 12 14 16 $0k $50M $100M $150M $200M $250M 2011 2012 2013 2014 2015 2016 2017 2018* $ Funding # Rounds 3 Year CAGR 6 Year CAGR Investments ($M) and number of rounds in Marine Energy; 2011-2017 Global Funding Trends (1/2) 16 Note: Funding excludes Grant, Debt and Post IPO rounds. Excludes all details for Chinese companies Marine Energy > Investment Trends > Global Funding Trends #Rounds $Funding 16% $ Funding 27% $ Funding 7% # of Rounds 4% # of Rounds *YTD
  16. 16. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Marine Energy - Apr 2018 $4M $3M $2M $2M $6M $4M $4M $12M $4M $4M $6M $18M $15M $7M $4M $14M $9M $12M $19M $209M $53M 2011 2012 2013 2014 2015 2016 2017 2018 YTD Seed Early Stage Late Stage 5 7 4 5 7 3 3 5 2 3 3 6 2 5 2 2 1 2 1 2 1 2011 2012 2013 2014 2015 2016 2017 2018 YTD Seed Early Stage Late Stage 12 2 Total # of Rounds $0K $0K $0K $0K $200M $53M $0K $0K 0 0.2 0.4 0.6 0.8 1 1.2 0 50000000 100000000 150000000 200000000 250000000 2011 2012 2013 2014 2015 2016 2017 2018 YTD $ Funding # of Rounds 17 Note: Mega Rounds = rounds with size > $20M. Funding excludes Grant, Debt and Post IPO rounds. Excludes all details for Chinese companies Stage-wise Number of RoundsStage-wise $ Invested New Entrants in Funded ClubMega Rounds Global Funding Trends (2/2) Investments ($M) and number of rounds in Marine Energy; 2011-2017 Marine Energy > Investment Trends > Global Funding Trends 11 3 3 6 3 5 31 $0.6M $1.5M $0.0M $0.5M $1.0M $1.5M $2.0M $2.5M $3.0M $3.5M 0 5 10 15 20 25 30 35 2012 2013 2014 2015 2016 2017 2018 YTD Total Entrants in Funding Club Avg. Ticket Size - - - - 1 1 - - $0.6M $1.7M $1.8M $2.2M $2.9M $1.3M - $1.5M $30M $4M Total $ Invested
  17. 17. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Marine Energy - Apr 201818 Marine Energy > Investment Trends > Funding Trends by Geography Investments ($M) and number of rounds in Marine Energy Funding Trends by Geography Funding Trends by Geography Top Cities of Funding City $ Funding # Rounds Den Oever 200M 2 Edinburgh 117M 11 Dublin 55.4M 2 Vantaa 28.4M 5 Cornwall 24M 1 Kirkwall 20.5M 2 Espoo 14.2M 6 Quimper 8.5M 2 Halifax 8.1M 1 Stockholm 7.9M 3 Total Funding 38 3 2 19 7 2 2 1 # Rounds $466M $32.1M $20.5M $17.8M $6M $5M $4M $514k Europe Canada Scotland US Australia Israel SEA Latam Note: Excludes funding information of China companies
  18. 18. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Marine Energy - Apr 201819 Trend of Average Deal Size ($M) $0.7 $0.8 $0.6 $0.6 $0.9 $1.8 $1.3 2011 2012 2013 2014 2015 2016 2017 $1.5 $0.0 $4.0 $3.1 $3.5 $7.5 $2.7 $10.8 $3.8 $0.0 $0.0 $8.1 $0.0 $1.3 $7.1 $9.0 $12.0 $19.4 $104.3 $53.0 $0.0 Marine Energy > Investment Trends > Median Deal Size and Trend Median and Average Deal Size in $M (per Stage) in Marine Energy; 2011-2017 Median Deal Size and Trend Note: Excludes funding information of Chinese companies. *Graph not to scale Median Deal Size and Range $5K* $11M $50K $31M $92K $80M $50K $1B $22M $7M $2.8M $0.3M Series C+ Series B Series A Seed Stage
  19. 19. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Marine Energy - Apr 2018 Note: 45 companies with undisclosed funding amount are not included 20 <$1M $1-10M $10-50M $50-100M $100M+ Funding Range 8 22 8 1 1 No. of Companies Marine Energy > Investment Trends > Distribution of companies by Funding Range No. of companies by funding range in Marine Energy; as of Apr 2018 Distribution of companies by Funding Range $4M $91M $220M $53M $200M $ Investment
  20. 20. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Marine Energy - Apr 2018 Stage No. of Companies Funding Funnel 100% 33% 11% 4% 2% 21 Note: Numbers in the brackets show the count of companies Time to raise next round 6 10 28 85 255 Series C+ Series B Series A Funded Founded Next Round 100M+ Valuation Exits Acqui- Hired Dead Pooled Others 33% 2% (5) 2% (5) 2% (4) 14% (35) 51% (131) 33% 5% (4) 5% (4) 1% (1) 12% (10) 54% (46) 36% 4% (1) 4% (1) - 14% (4) 50% (14) 60% 10% (1) 10% (1) - 20% (2) 20% (2) - 17% (1) 17% (1) - 17% (1) 17% (1) Marine Energy > Investment Trends > Funding Funnel Number of companies progressing to subsequent funding stages in Marine Energy Funding Funnel 17 Months 17 Months 25 Months Investment backedBootstrapped 41 Soonicorns Unicorns Acquisitions IPOs
  21. 21. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Marine Energy - Apr 201822 Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+, PE) Marine Energy > Investment Trends > Notable Investments in last 24 months Major funding rounds by Stage in Marine Energy; Apr 2016-Apr 2018 Notable Investments in last 24 months SEED STAGE $1.5M - Seed May 2017 Sweetch Energy (2015, Lorient, $1.5M) Technology to produce electricity from salinity gradient Emertec Gestion, Go Capital
  22. 22. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Marine Energy - Apr 2018 Most Active Investors (VC, PE) by Stage in Marine Energy; Last 5 years (Apr 2013-Apr 2018) Most Active VC & PE Investors 23 Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+, PE) Marine Energy > Investment Trends > Most Active VC & PE Investors SEED STAGE CapDecisif Management Open Ocean 1 Emertec Gestion Sweetch Energy 2 Force29 Open Ocean 3 Go Capital Sweetch Energy 4 Qbic Fund Laminaria 5 Seventure Partners Open Ocean 6 EARLY STAGE Emertec Gestion Sabella 1 Force29 Sabella 2 Go Capital Sabella 3 Inerjys Black Rock Tidal Power 4 Invitalia Ventures 40South Energy 5 Pirveli Ventures Eco Wave Power 6 Vodia Ventures Resolute Marine Energy 7 LATE STAGE Tekes AW-Energy 1
  23. 23. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Marine Energy - Apr 201824 Marine Energy > Investment Trends > Most Active Ecosystem Investors Top Ecosystem Investors in Marine Energy; Last 5 years (Apr 2013-Apr 2018) Most Active Ecosystem Investors INCUBATOR Chalmers Ventures Minesto 1 OTHER NOTABLE INVESTORS European Commission(5 Investments) Aquamarine Power, Atlantis Resources, Wello 1 Scottish Enterprise(4 Investments) Sustainable Marine Energy, Albatern, ResHydro 2 Bpifrance(3 Investments) Sabella, EEL Energy, Open Ocean 3 Australian Renewable Energy Agency (2 Investments) Bombora Wave Power, Ocean Power Technologies 4 AustralianGrants(2 Investments) Sealite 5 Swedish Energy Agency(2 Investments) CorPower Ocean, Minesto 6 European Union(2 Investments) AW-Energy, Crestwing 7 Fortum(2 Investments) Wello, Seabased 8 UK Government(2 Investments) Marine Power Systems, Marine Current Turbines 9 KIC InnoEnergy(2 Investments) CorPower Ocean, Minesto 10 DEBT INVESTORS PMV Laminaria 1
  24. 24. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Marine Energy - Apr 201825 Marine Energy > Investment Trends > Investors in Unicorn club Investors in Unicorn Club
  25. 25. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Marine Energy - Apr 201826 Marine Energy > Investment Trends > Unicorn Investors in the Sector Unicorn Investors in the Sector
  26. 26. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Marine Energy - Apr 2018 Contents Feed Summary Investment Trend Market Details Exit Outlook Investors News Appendix 27 BlueBox Key Sub Sectors Detailed Sector Taxonomy Top Markets of Investment Activity Top Markets of Early Stage Investors Other Notable Markets Market Deep Dive
  27. 27. Some more Sector Reports you might want to check out Join 4000+ people taking sharper decisions with Tracxn Hydro Power Mar 2018 Bioenergy Mar 2018 Solar Energy Mar 2018
  28. 28. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Marine Energy - Apr 201829 Marine Energy > Market Details > BlueBox
  29. 29. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Marine Energy - Apr 2018 Key Sub Sectors 30 Key Sub Sectors in Marine Energy Market Top Companies # Cos Tracked # Funded Total Funding Tidal Companies developing energy generation equipment and providing services to harness tidal energy Atlantis Resources (1996, Edinburgh, Public) Tocardo International (2008, Den Oever, $200M) 18 5 $228M Wave Companies developing wave energy converters and providing services to harness wave energy Ocean Power Technologies (1994, Pennington, Public) Aquamarine Power (2005, Edinburgh, $44.5M) 141 46 $211M Ocean Currents Companies developing energy generation equipment and providing services to harness energy from ocean currents Minesto (2007, Vastra Frolunda, Public) OpenHydro (2004, Dublin, $53M) 60 24 $120M Multi-Source Energy Provider Companies developing technologies and providing services for marine energy applications Open Ocean (2011, Paris, $1.8M) Trident Energy (2003, Cambridge, $666k) 21 4 $2.5M Salinity Gradient Power Conversion Companies developing energy generation equipment and providing services to harness energy from ocean salinity gradient Sweetch Energy (2015, Lorient, $1.5M) Red Stack (2005, Groningen) 2 1 $1.5M Ocean Thermal Energy Conversion Companies developing energy generation equipment and providing services to harness ocean thermal energy Ocean Thermal Energy Corporation (1988, Lancaster, Public) Seatrec (2012, Monrovia, $350k) 9 4 $350k Marine Energy > Market Details > Key Sub Sectors
  30. 30. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Marine Energy - Apr 2018 Detailed Sector Taxonomy (1/4) 31 Marine Energy > Market Details > Detailed Sector Taxonomy
  31. 31. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Marine Energy - Apr 2018 Detailed Sector Taxonomy (2/4) 32 Marine Energy > Market Details > Detailed Sector Taxonomy
  32. 32. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Marine Energy - Apr 2018 Detailed Sector Taxonomy (3/4) 33 Marine Energy > Market Details > Detailed Sector Taxonomy
  33. 33. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Marine Energy - Apr 2018 Detailed Sector Taxonomy (4/4) 34 Marine Energy > Market Details > Detailed Sector Taxonomy
  34. 34. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Marine Energy - Apr 2018 Public Companies Contents Feed Summary Investment Trend Market Details Exit Outlook Investors News Appendix 35 Notable Acquisitions Top Acquirers Acqui-hires
  35. 35. Some more Sector Reports you might want to check out Join 4000+ people taking sharper decisions with Tracxn AI Infrastructure Jan 2018 Healthcare IT Jan 2018 FoodTech Dec 2017
  36. 36. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Marine Energy - Apr 2018 Public companies 37 Performance indicators of public companies in Marine Energy IPO Date Company Current MCap IPO Mcap Revenue P/E Exchange Ticker Dec 2015 Minesto (2007, Vastra Frolunda) Device to harness tidal energy STO:MINEST Feb 2014 Atlantis Resources (1996, Edinburgh) Tidal power plant developer $52.7M $121M $290k LON:ARL Apr 2007 Ocean Power Technologies (1994, Pennington) Point absorber wave energy converter $20.5M $204M $843k NASDAQ:OPTT Dec 2006 Protean Energy (2006, Perth) Developer of wave energy conversion technologies $1.6M $7.6M $1.2k ASX:POW Ocean Thermal Energy Corporation (1988, Lancaster) Developer of marine technologies based on OTEC and SWAC Marine Energy > Exit Outlook > Public Companies
  37. 37. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Marine Energy - Apr 2018 Acqui-hires 38 List of Acqui-hires in Marine Energy Excludes all details for Chinese companies Date Target Apr-15 Marine Current Turbines Acq by Atlantis Resources Nov-14 IHC Tidal Energy Acq by Tocardo International Jun-14 SDE Energy Acq by Blackbird International Corporation Jan-13 Tidal Generation Acq by Alstom Marine Energy > Exit Outlook > Acqui-hires View all 4 Acqui-hired companies on Tracxn Platform
  38. 38. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Marine Energy - Apr 2018 Contents Feed Summary Investment Trend Market Details Exit Outlook Investors News Appendix 39 Details on VC & PE Investors Seed Stage Early Stage Late Stage Details on Top Ecosystem Players
  39. 39. Some more Sector Reports you might want to check out Join 4000+ people taking sharper decisions with Tracxn Hydro Power Mar 2018 Bioenergy Mar 2018 Solar Energy Mar 2018
  40. 40. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Marine Energy - Apr 201841 Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+, PE) Marine Energy > Investors > Index of Most Active VC & PE Investors Index of Top Investors (VC, PE) by Stage in Marine Energy; Last 5 years (Apr 2013 - Mar 2018) Index of Most Active VC & PE Investors SEED STAGE Force29 Emertec Gestion Go Capital Qbic Fund CapDecisif Management Seventure Partners EARLY STAGE Force29 Emertec Gestion Go Capital Inerjys Invitalia Ventures Pirveli Ventures Vodia Ventures LATE STAGE Tekes
  41. 41. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Marine Energy - Apr 2018 Go Capital 42 Portfolio in Marine Energy | Exits | Funds Link | Website | LinkedIn | Twitter Marine Energy > Investors > Go Capital People Investments [Minicorn] Sweetch Energy (2015, Lorient, $1.5M, Seed) Technology to produce electricity from salinity gradient Marine Energy Notable Portfolio [Minicorn] Qowisio (2009, Angers, $11.9M, Series A) Low cost and low energy consumption wireless networks for connected objects Other Notable Portfolio Top Exits Recent News on Fund & Portfolio Eric Cozanet CEO Geographical Spread Stage of Entry Jan 2018 French tackle tidal grid, Tidal Energy Today Aug 2017 Sabella mobilizes Olympic Taurus for cable repair services, Tidal Energy Today Jun 2017 $25-M tidal power plant in Samar eyed, Inquirer Dec 2016 French marine turbine maker Sabella raises €8 million, Tech.euNone 1 1 2013 2014 2015 2016 2017 2018 Follow On New Investments - - - 1 1 Undisclosed Series C+ Series B Series A Seed2 - - - - Europe
  42. 42. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Marine Energy - Apr 2018 Seventure Partners 43 Portfolio in Marine Energy | Exits | Funds Link | Website | LinkedIn | Twitter Marine Energy > Investors > Seventure Partners People Investments [Soonicorn] Noxxon Pharma (1997, Berlin, $110M, Public) Developing aptamers variant to target the tumor microenvironment. [Soonicorn] MDxHealth (2003, Irvine, $94.1M, Public) Epigenetic tests for personalized cancer assessment and treatment. [Soonicorn] Enterome (2012, Paris, $77.7M, Series D) Therapeutic solutions for diseases associated with abnormalities of the gut microbiome (such as Inflammatory Bowel Diseases). [Soonicorn] Talentsoft (2007, Boulogne-billancourt, $55M, Series C) HRMS [Soonicorn] SumUp (2012, London, $44.8M, Series D) Mobile point of sale service provider. [Soonicorn] Push Doctor (2013, Birmingham, $37.5M, Series B) Online doctor consultation via video [Soonicorn] PrestaShop (2007, Levallois-perret, $15M, Series B) Open source e-Commerce Software [Soonicorn] Global Bioenergies (2008, Evry, $5.1M, Public) Isobutene manufacturer [Minicorn] Vedanta Biosciences (2010, Boston, $50M, Series A) Develops treatments for human diseases by studying the relationship between microbes and human immune system [Minicorn] Eligo Bioscience (2014, Paris, $40.2M, Series A) Developing antimicrobials using genome editing technology CRISPR/Cas system. [Minicorn] Studitemps (2008, Cologne, $17.3M, Series C) Platform that connects university students to temporary and/or part- time jobs Other Notable Portfolio Top Exits Recent News on Fund & Portfolio Isabelle de Cremoux CEO Geographical Spread Stage of Entry None None 1 2013 2014 2015 2016 2017 2018 Follow On New Investments - - - - 1 Undisclosed Series C+ Series B Series A Seed1 - - - - Europe
  43. 43. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Marine Energy - Apr 2018 Contents Feed Summary Investment Trend Market Details Exit Outlook Investors News Appendix 44 Details on VC & PE Investors Seed Stage Early Stage Late Stage Details on Top Ecosystem Players
  44. 44. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Marine Energy - Apr 2018 Go Capital 45 Portfolio in Marine Energy | Exits | Funds Link | Website | LinkedIn | Twitter Marine Energy > Investors > Go Capital People Investments [Minicorn] Sweetch Energy (2015, Lorient, $1.5M, Seed) Technology to produce electricity from salinity gradient Marine Energy Notable Portfolio [Minicorn] Qowisio (2009, Angers, $11.9M, Series A) Low cost and low energy consumption wireless networks for connected objects Other Notable Portfolio Top Exits Recent News on Fund & Portfolio Eric Cozanet CEO Geographical Spread Stage of Entry Jan 2018 French tackle tidal grid, Tidal Energy Today Aug 2017 Sabella mobilizes Olympic Taurus for cable repair services, Tidal Energy Today Jun 2017 $25-M tidal power plant in Samar eyed, Inquirer Dec 2016 French marine turbine maker Sabella raises €8 million, Tech.euNone 1 1 2013 2014 2015 2016 2017 2018 Follow On New Investments - - - 1 1 Undisclosed Series C+ Series B Series A Seed2 - - - - Europe
  45. 45. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Marine Energy - Apr 2018 Invitalia Ventures 46 Portfolio in Marine Energy | Exits | Funds Link | Website | LinkedIn | Twitter Marine Energy > Investors > Invitalia Ventures
  46. 46. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Marine Energy - Apr 2018 Contents Feed Summary Investment Trend Market Details Exit Outlook Investors News Appendix 47 Details on VC & PE Investors Seed Stage Early Stage Late Stage Details on Top Ecosystem Players
  47. 47. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Marine Energy - Apr 2018 Tekes 48 Portfolio in Marine Energy | Exits | Funds Link | Website | LinkedIn | Twitter Marine Energy > Investors > Tekes
  48. 48. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Marine Energy - Apr 2018 Contents Feed Summary Investment Trend Market Details Exit Outlook Investors News Appendix 49 Details on VC & PE Investors Details on Top Ecosystem Players Incubators Other Notable Investors Debt Investors
  49. 49. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Marine Energy - Apr 201850 Marine Energy > Investors > Index of Ecosystem Investors Index of Top Ecosystem Investors in Marine Energy; Q1 2013 - Q1 2018 Index of Ecosystem Investors INCUBATOR Chalmers Ventures OTHER NOTABLE INVESTORS European Commission (5 Investments) Scottish Enterprise (4 Investments) Bpifrance (3 Investments) Australian Renewable Energy Agency (2 Investments) AustralianGrants (2 Investments) Swedish Energy Agency (2 Investments) European Union (2 Investments) Fortum (2 Investments) UK Government (2 Investments) KIC InnoEnergy (2 Investments) Schottel Hydro (2 Investments) Department of Energy Government of Australia Big Lottery Fund Breakout Labs DEBT INVESTORS PMV
  50. 50. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Marine Energy - Apr 2018 Chalmers Ventures 51 Portfolio in Marine Energy | Exits | Funds Link | Website | LinkedIn | Twitter Marine Energy > Investors > Chalmers Ventures People Investments Top Exits Recent News on Fund & Portfolio Linnea Lindau CEO Geographical Spread Stage of Entry Feb 2018 Minesto bags USD 9m to support development strategy, Renewables Now Feb 2018 Minesto to build tidal IP, ReNEWS Feb 2018 Minesto seeks tidal test vessel, ReNEWS Jan 2018 Minesto plans Taiwan as first ocean current power producer, Tidal Energy Today Jan 2018 Minesto may make smaller marine kite to expand market reach, Renewables Now Jan 2018 Minesto scouts for project delivery lead, Tidal Energy Today Dec 2017 Minesto targets $12M to finance tidal ops, Tidal Energy Today Dec 2017 Leask Marine reels in Deep Green tidal installation contract, Tidal Energy Today Nov 2017 Minesto hires marine operators, Tidal Energy Today Oct 2017 Minesto, ITPEnergised complete new Cost of Energy analysis, Tidal Energy Today Sep 2017 Minesto bolsters top table , ReNEWS Minesto (2007, Vastra Frolunda, $2.5M) IPO - Dec 2015 2013 2014 2015 2016 2017 2018 Follow On New Investments 1 - - - 1 Undisclosed Series C+ Series B Series A Seed2 - - - - Europe
  51. 51. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Marine Energy - Apr 2018 Contents Feed Summary Investment Trend Market Details Exit Outlook Investors News Appendix 52 Details on VC & PE Investors Details on Top Ecosystem Players Incubators Other Notable Investors Debt Investors
  52. 52. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Marine Energy - Apr 2018 European Commission 53 Portfolio in Marine Energy | Exits | Funds Link | Website | LinkedIn | Twitter Marine Energy > Investors > European Commission Investments [Editor's Pick] Wello (2008, Espoo, $14.2M, Series B) Wave energy converters Marine Energy Notable Portfolio [Soonicorn] ThinFilm Electronics (1995, Oslo, Public) Electronic labels that are web connected. [Minicorn] Metabiota (2008, San Francisco, $34.9M, Series A) Risk analytics to predict and control epidemic outbreaks [Minicorn] Relex Solutions (2005, Helsinki, $23.9M, Series B) In-memory computing technology based inventory management software [Minicorn] iCub (2004, Genoa, $9.3M, Funded) Develops iCub Robot which is a humanoid [Minicorn] Zehus (2013, Milano, $3.3M, Series A) Propulsion systems for electric bicycles Other Notable Portfolio Top Exits Recent News on Fund & Portfolio Geographical Spread Stage of Entry Mar 2018 Atlantis Resources making good progress on Uskmouth power station acquisition, Proactive Investors Mar 2018 Green Marine on Atlantis duty, ReNEWS Jan 2018 Atlantis launches fresh bond issue, ReNEWS Jan 2018 Atlantis Resources PLC set to sell its stake in Canadian joint venture to partner DP Energy, Proactive Investors Dec 2017 Atlantis Resources to become Simec Atlantis Energy, HydroWorld Dec 2017 Atlantis and billionaire Gupta in energy deal, Daily Business Nov 2017 Atlantis Resources Limited agrees riverbed option lease terms with Duchy of Lancaster for Wyre estuary project, Proactive Investors Oct 2017 Atlantis Resources presses government for subsidy support for tidal power project Share , Proactive Investors Oct 2017 Atlantis reinstalls fourth MeyGen turbine, Tidal Energy Today Oct 2017 Atlantis looking at order for eight tidal units, Digital Look Sep 2017 Atlantis shrinks interim loss, Tidal Energy Today Atlantis Resources (1996, Edinburgh, $28.2M) IPO - Feb 2014 Minesto (2007, Vastra Frolunda, $2.5M) IPO - Dec 2015 Ocean Power Technologies (1994, Pennington) IPO - Apr 2007 1 1 11 2 2 2013 2014 2015 2016 2017 2018 Follow On New Investments - - - - - Undisclosed Series C+ Series B Series A Seed5 1 - - - Europe US
  53. 53. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Marine Energy - Apr 2018 Scottish Enterprise 54 Portfolio in Marine Energy | Exits | Funds Link | Website | LinkedIn | Twitter Marine Energy > Investors > Scottish Enterprise Investments Top Exits Recent News on Fund & Portfolio Geographical Spread Stage of Entry Nov 2017 PLAT-I tidal platform fully equipped, Tidal Energy Today Nov 2017 SME unveils PLAT-I ‘game changer’ for inshore tidal , Tidal Energy Today Dec 2016 Trident Energy looks to invest in Southeast Asia oil and gas assets, Reuters May 2016 Scots, Schottel forge Plato link - Wave and Tidal, ReNEWS Aug 2014 UK: Sustainable Marine Energy Completes GBP 150k SEIS Eligible Funding Round, Offshore Wind None 1 1 2 2013 2014 2015 2016 2017 2018 Follow On New Investments - 1 1 1 2 Undisclosed Series C+ Series B Series A Seed6 2 - - - Europe US
  54. 54. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Marine Energy - Apr 2018 Australian Renewable Energy Agency 55 Portfolio in Marine Energy | Exits | Funds Link | Website | LinkedIn | Twitter Marine Energy > Investors > Australian Renewable Energy Agency
  55. 55. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Marine Energy - Apr 2018 Swedish Energy Agency 56 Portfolio in Marine Energy | Exits | Funds Link | Website | LinkedIn | Twitter Marine Energy > Investors > Swedish Energy Agency
  56. 56. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Marine Energy - Apr 2018 European Union 57 Portfolio in Marine Energy | Exits | Funds Link | Website | LinkedIn | Twitter Marine Energy > Investors > European Union
  57. 57. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Marine Energy - Apr 2018 Fortum 58 Portfolio in Marine Energy | Exits | Funds Link | Website | LinkedIn | Twitter Marine Energy > Investors > Fortum
  58. 58. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Marine Energy - Apr 2018 KIC InnoEnergy 59 Portfolio in Marine Energy | Exits | Funds Link | Website | LinkedIn | Twitter Marine Energy > Investors > KIC InnoEnergy
  59. 59. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Marine Energy - Apr 2018 Schottel Hydro 60 Portfolio in Marine Energy | Exits | Funds Link | Website | LinkedIn | Twitter Marine Energy > Investors > Schottel Hydro
  60. 60. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Marine Energy - Apr 2018 Government of Australia 61 Portfolio in Marine Energy | Exits | Funds Link | Website | LinkedIn | Twitter Marine Energy > Investors > Government of Australia
  61. 61. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Marine Energy - Apr 2018 Big Lottery Fund 62 Portfolio in Marine Energy | Exits | Funds Link | Website | LinkedIn | Twitter Marine Energy > Investors > Big Lottery Fund
  62. 62. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Marine Energy - Apr 2018 Contents Feed Summary Investment Trend Market Details Exit Outlook Investors News Appendix 63 Details on VC & PE Investors Details on Top Ecosystem Players Incubators Other Notable Investors Debt Investors
  63. 63. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Marine Energy - Apr 2018 PMV 64 Portfolio in Marine Energy | Exits | Funds Link | Website | LinkedIn | Twitter Marine Energy > Investors > PMV
  64. 64. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Marine Energy - Apr 2018 Contents Feed Summary Investment Trend Key Markets Exit Outlook Investors News Appendix 65 Recent News
  65. 65. Some more Sector Reports you might want to check out Join 4000+ people taking sharper decisions with Tracxn AI Infrastructure Jan 2018 Healthcare IT Jan 2018 FoodTech Dec 2017
  66. 66. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Marine Energy - Apr 2018 Recent News in Marine Energy Sector Recent News (1/2) 67 Marine Energy > News > Recent News Mar 2018 SINN Power all set for Cape Verde wave energy project launch, Tidal Energy Today Mar 2018 Tribute Resources Inc. Announces the Bankruptcy of Tocardo International B.V., FSCWire Mar 2018 AW-Energy seeks suppliers for WaveRoller serial production, Tidal Energy Today Mar 2018 Hann-Ocean achieves wave energy breakthrough, Tidal Energy Today Mar 2018 Columbia Power reshuffles wave team, Tidal Energy Today Mar 2018 Katanes Wind-Wave Demonstrator Could Start Producing by 2022, Offshore Wind Mar 2018 Wave/wind embraces Scotland, ReNEWS Mar 2018 AW-Energy makes substation construction headway in Portugal, Tidal Energy Today Mar 2018 Nautricity’s tidal turbine up for retrieval, Tidal Energy Today Mar 2018 RedT Energy Wins Storage Contract For UK Tidal Generation Project, London South East Mar 2018 Seabased inks deal for 100MW wave energy park off Ghana, Tidal Energy Today Mar 2018 Carnegie gets funding to add solar to offshore gas facility in Timor sea, PV-Tech Mar 2018 Ocean Power Technologies Signs Agreement with Eni S.p.A. to Provide PB3 PowerBuoy™ for Subsea Oil and Gas Operations, GlobeNewswire Mar 2018 Eco Wave Power to build 4.8-MW plant in Mexico, Renewables Now Key Recent News Key Recent News Mar 2018 Carnegie wins govt grant for powering offshore gas platform with PV, Renewables Now Mar 2018 OPT closes in on lawsuit settlement with Australian gov entity, Tidal Energy Today Mar 2018 Carnegie scores wave research cash, Tidal Energy Today Mar 2018 Atlantis Resources making good progress on Uskmouth power station acquisition, Proactive Investors Mar 2018 Wavepiston equips wave system with new energy collector, Tidal Energy Today Mar 2018 ORPC subsidiary hires president and CEO to guide its Canadian expansion, Mainebiz Mar 2018 Green Marine on Atlantis duty, ReNEWS Mar 2018 Ocean Power Technologies Announces Third Quarter Fiscal 2018 Results, GlobeNewswire Mar 2018 Tocardo and DELTA make tidal energy deal, Tidal Energy Today Feb 2018 Carnegie switches Oz wave focus, ReNEWS Feb 2018 Minesto bags USD 9m to support development strategy, Renewables Now Feb 2018 Carnegie wins $2.4m for Australian solar+storage project, Decentralized Energy Feb 2018 Fresh investment keeps Tocardo above water, Tidal Energy Today Feb 2018 Wello catches €2m crowdfund wave, ReNEWS Feb 2018 Minesto to build tidal IP, ReNEWS
  67. 67. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Marine Energy - Apr 2018 Recent News in Marine Energy Sector Recent News (2/2) 68 Marine Energy > News > Recent News Feb 2018 Carnegie planning 100-MW PV park with storage in Western Australia, Renewables Now Feb 2018 Bombora Expands Operations in Europe, Global Renewable News Feb 2018 Wavepiston draws wave demo project blueprint, Tidal Energy Today Feb 2018 Wood secures North Sea industrial services contract with Bluewater, Oil and Gas News Feb 2018 Carnegie charged for Oz battery, ReNEWS Feb 2018 Big Moon Power outlines Bay of Fundy tidal plans, Tidal Energy Today Feb 2018 Minesto seeks tidal test vessel, ReNEWS Feb 2018 Col. Bob Griffin Joins OTE as Chief Operations Officer, PR Newswire Feb 2018 Wello inks wave deal with Chinese conglomerate, Tidal Energy Today Feb 2018 Irish wave energy technology company Ocean Energy makes a splash in the US with US Navy Partnership, Sync NI Jan 2018 Atlantis launches fresh bond issue, ReNEWS Jan 2018 AW-Energy shuffles management team. Appoints new CEO , Tidal Energy Today Jan 2018 Hawaii ride for Irish wave, ReNEWS Jan 2018 MPS launches prototype wave device WaveSub in Wales, Your Subsea News Jan 2018 Ocean Power Technologies Signs Agreement with Premier Oil, Euroinvestor Jan 2018 OTE moves forward with first OTEC EcoVillage, Tidal Energy Today Jan 2018 Wello beats €1M crowdfunding target, Tidal Energy Today Key Recent News Key Recent News Jan 2018 Carnegie scans for Albany wave permits officer, Tidal Energy Today Jan 2018 Minesto plans Taiwan as first ocean current power producer, Tidal Energy Today Jan 2018 CorPower deploys half-scale C3 wave energy converter off Orkney , Tidal Energy Today Jan 2018 Christopher Phebus Joins Ocean Power Technologies as Vice President of Engineering, GlobeNewswire Jan 2018 Scots wave hooks to microgrid, ReNEWS Jan 2018 Scotrenewables ticks Orkney’s weather box, Tidal Energy Today Jan 2018 ORPC announces expansion to management team, HydroWorld Jan 2018 Wave kit installed at EMEC, ReNEWS Jan 2018 Minesto may make smaller marine kite to expand market reach, Renewables Now Jan 2018 OTE adds new advisory board member, Tidal Energy Today Jan 2018 French tackle tidal grid, Tidal Energy Today Jan 2018 Bombora Expands Operations in Europe, Global Renewable News Jan 2018 Wave Swell validates wave energy device, Tidal Energy Today Jan 2018 OPT finds larger manufacturing base, Tidal Energy Today Jan 2018 Atlantis Resources PLC set to sell its stake in Canadian joint venture to partner DP Energy, Proactive Investors Jan 2018 CalWave gets Breakout Labs funding, Tidal Energy Today
  68. 68. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Marine Energy - Apr 2018 Contents Feed Summary Investment Trend Key Markets Exit Outlook Investors News Appendix 69 Explore more on Tracxn Platform Index of Top companies by Market Funded Deadpooled Companies
  69. 69. Some more Sector Reports you might want to check out Join 4000+ people taking sharper decisions with Tracxn Hydro Power Mar 2018 Bioenergy Mar 2018 Solar Energy Mar 2018
  70. 70. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Marine Energy - Apr 2018 Explore more on Tracxn Platform 71 Companies Companies Covered Unicorns Public Companies Acquired Companies Funded Companies Investment Trends Recent Investments Mega Investments Investment Trend Markets BlueBox Taxonomy News Key News Recent News Company Stage Angel Funded Seed Funded Early Stage (Series A/B) Late Stage (Series C+) Acqui-hires DeadPooled Investors Acquirers Unicorn Investors Most Active Investors Most Active VC &PE Investors Portfolio of Top Investor Most Active Acquirer Marine Energy > Appendix > Explore Sector on Tracxn Platform
  71. 71. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Marine Energy - Apr 2018 Index of IPOs, Acquisitions, Unicorns, Soonicorns, Minicorns and Editor Picks in Marine Energy Index of Top companies by Market (1/2) 72 Marine Energy > Appendix > Index of Top companies by Market Wave Energy Converters Wello (2008, Espoo, $14.2M) Wave energy converters Editor's Pick. Stage: Series B Invesdor, European Commission, Fortum and 5 Other Investors Eco Wave Power (2011, Tel Aviv, $5M) Developer for wave power and wave energy devices Editor's Pick. Stage: Series A Pirveli Ventures Bombora Wave Power (2011, Bentley, $3.6M) WEC from wave pressure on the sea floor Editor's Pick. Stage: Series A Enzen, Australian Renewable Energy Agency, Government of Australia Energy Converters Carnegie Clean Energy (1999, Belmont) Developer of CETO wave energy converter and solar PV systems Minicorn. Stage: Funded NERA, Commonwealth Bank of Australia Protean Energy (2006, Perth) Developer of wave energy conversion technologies IPO Date Dec 2006 Mcap $1.6M IPO Mcap $7.6M ASX POW P/E - Protean Wave Energy (2010, Perth) Multi-directional point absorber system Editor's Pick. Stage: Funded Ocean Power Technologies (1994, Pennington) Point absorber wave energy converter IPO Date Apr 2007 Mcap $20.5M IPO Mcap $204M NASDAQ OPTT P/E - Tidal Project Developers Atlantis Resources (1996, Edinburgh, $28.2M) Tidal power plant developer IPO Date Feb 2014 Mcap $52.7M IPO Mcap $121M LON ARL P/E -
  72. 72. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Marine Energy - Apr 2018 Index of IPOs, Acquisitions, Unicorns, Soonicorns, Minicorns and Editor Picks in Marine Energy Index of Top companies by Market (2/2) 73 Marine Energy > Appendix > Index of Top companies by Market Ocean Currents Energy Generation Equipment Minesto (2007, Vastra Frolunda, $2.5M) Device to harness tidal energy IPO Date Dec 2015 Mcap - IPO Mcap - STO MINEST P/E - Big Moon Power (2015, Salt Lake City) Tidal current harvesting device Editor's Pick. Stage: Unfunded Flumill (2002, Faervik) Helical screw horizontal axis turbines Editor's Pick. Stage: Funded Enova, Innovation Norway Ocean Thermal Energy Conversion Energy Generation Equipment Ocean Thermal Energy Corporation (1988, Lancaster) Developer of marine technologies based on OTEC and SWAC IPO Date - Mcap - IPO Mcap - - - P/E - Salinity Gradient Power Conversion Energy Generation Equipment Sweetch Energy (2015, Lorient, $1.5M) Technology to produce electricity from salinity gradient Minicorn. Stage: Seed Emertec Gestion, Go Capital
  73. 73. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Marine Energy - Apr 2018 Funded Deadpooled Companies 74 Excludes all details for Chinese companies Marine Energy > Appendix > Funded Deadpooled Companies View all 35 Deadpooled companies on Tracxn Platform Funding Company Location $44.5M Aquamarine Power Edinburgh $43.6M Pelamis Wave Power Edinburgh $24M Orecon Cornwall $2.4M Wavebob Dublin $1M Langlee Wave Power Asker $472k Green Ocean Energy Shoreview SyncWave Energy Tofino Vigor Wave Energy Gothenburg Cetus Energy Melbourne Wave Tube Gothenburg Index of Deadpooled companies in Marine Energy
  74. 74. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved.Feed Report - Marine Energy - Apr 2018 Umang Gupta Senior Analyst Naskanti Sai Shreshta Research Analyst Team 75 For research queries write to us at myanalyst@tracxn.com
  75. 75. Copyright © 2018, Tracxn Technologies Private Limited. All rights reserved. Any and all information either accessed from the website www.tracxn.com or having otherwise originated from Tracxn Technologies Private Limited including but not limited to the information contained herein ("Data") is the sole property of Tracxn Technologies Private Limited (hereinafter "Tracxn"). You shall not recirculate, distribute, transmit, publish, or sell the Data or any portion thereof in any form or by any means, either for commercial or non-commercial use, or permit any third party to use or distribute the Data or any portion thereof; to any other party, except with the prior written consent of Tracxn. You may however incorporate insubstantial portions, extracts, abstracts or summaries from the Data into analysis, presentations or tools for your customers or for your internal use, so long as Tracxn is clearly and visibly identified as the source of information. For further information please refer to our Terms of Use at www.tracxn.com

×