About Floating Power Plant
Floating Power Plant is a company based in Bandholm (Denmark) founded in 2004 by Hans Marius Pedersen. Floating Power Plant has raised $16.75 million across 20 funding rounds from investors including European Union, EIC Fund and Lolland Kommune. The company has 10 employees as of September 30, 2022. Floating Power Plant offers products and services including Ocean Energy Technology and SEAWORTHY Project. Floating Power Plant operates in a competitive market with competitors including Carnegie Clean Energy, Ocean Power Technologies, Marine Power Systems, CorPower Ocean and Wavepiston, among others.
- Headquarter Bandholm, Denmark
- Employees 10 as on 30 Sep, 2022
- Founders Hans Marius Pedersen
- Stage Minicorn
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Sectors
Energy & Utilities
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Email
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Phone
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Website
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Social
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- Legal Name Floating Power Plant A/S
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Annual Revenue
Not available
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Net Profit
-$1.23 M (USD)-234703as on Sep 30, 2022
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EBITDA
-$1.38 M (USD)-262084as on Sep 30, 2022
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Total Equity Funding
$16.75 M (USD)
in 20 rounds
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Latest Funding Round
$2.05 M (USD), Grant
Jan 01, 2024
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Investors
European Union
& 2 more
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Employee Count
10
as on Sep 30, 2022
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Products & Services of Floating Power Plant
Floating Power Plant offers a comprehensive portfolio of products and services, including Ocean Energy Technology and SEAWORTHY Project.
Patented system for harvesting energy from ocean waves and storage.
Technology demonstrator for ocean energy applications in various grids.
Funding Insights of Floating Power Plant
Floating Power Plant has successfully raised a total of $16.75M across 20 strategic funding rounds. The most recent funding activity was a Grant round of $2.05 million completed in January 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Floating Power Plant
Floating Power Plant has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union, EIC Fund and Lolland Kommune.
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Government agency and accelerator focusing on innovative startups and SMEs
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Municipal services are provided by Lolland Kommune in Denmark.
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Investor details for Floating Power Plant
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Floating Power Plant
Investment portfolio details for Floating Power Plant
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Financial Statements - Floating Power Plant
Detailed financials for Floating Power Plant
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Floating Power Plant Comparisons
Peer comparison for Floating Power Plant
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Competitors of Floating Power Plant
Floating Power Plant operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Carnegie Clean Energy, Ocean Power Technologies, Marine Power Systems, CorPower Ocean and Wavepiston, among others.
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CETO wave energy converters and solar PV systems are provided.
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Ocean energy technologies are provided for intelligent maritime solutions.
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Modular technology for deep-water offshore wind deployment is engineered.
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Wave energy converter solutions provider
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Wave energy is generated via buoy-anchored wire systems.
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Detailed competitors of Floating Power Plant
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Latest news on Floating Power Plant
Complete news archive for Floating Power Plant
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Frequently Asked Questions about Floating Power Plant
Floating Power Plant was founded in 2004 and raised its 1st funding round 2 years after it was founded.
Floating Power Plant is headquartered in Bandholm, Denmark.
Anders Kohler is the current CEO of Floating Power Plant.
Floating Power Plant is a funded company, having raised a total of $16.75M across 20 funding rounds to date.
As of Sep 30, 2022, the latest employee count at Floating Power Plant is 10.
Floating Power Plant was founded in 2004 in Bandholm, Denmark, within the renewable energy sector. Floating platforms for wind and wave energy generation are developed, including a patented design that allows turbines to capture power from both sources. Operations focus on wave energy converters using an oscillating water column integrated with an oil hydraulic power take-off system to produce electricity. Services encompass system design and deployment for offshore applications.
Floating Power Plant's top competitors include Marine Power Systems, Carnegie Clean Energy and CorPower Ocean.
Floating Power Plant offers Ocean Energy Technology and SEAWORTHY Project.
Floating Power Plant has 3 investors. Key investors include European Union, EIC Fund, and Lolland Kommune.
The valuation of Floating Power Plant is $46.73M as of Oct 2022.