Mocean Energy raise £2.2m of new equity

Nov 2023

Equity Gap members, alongside Scottish EnterpriseOld College Capital and shareholders, have invested £2.2 million of new equity in Mocean Energy to further commercialise its wave energy technologies. The business has also been awarded a £500,000 grant to secure first orders for its Blue Star wave energy machine.

Since our initial investment in 2020, Mocean Energy has made impressive progress and we are delighted to continue to support the business as it advances the green energy transition.

Read the full Business Insider article

Categorised as 2023