About Flotation Energy
Flotation Energy is a company based in Edinburgh (United Kingdom) founded in 2018 was acquired by Tokyo Electric Power Company in November 2022.. Flotation Energy offers products and services including Offshore Wind Development and Floating Wind Projects. Flotation Energy operates in a competitive market with competitors including EA Technology, OVO, Conrad Energy, Aberdeen Renewable Energy Group and Pict Offshore, among others.
- Headquarter Edinburgh, United Kingdom
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Sectors
Energy & Utilities
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Phone
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Website
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Social
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- Legal Name Flotation Energy Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Employee Count
Employee Count
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Acquired by
Tokyo Electric Power Company
(Nov 02, 2022)
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Products & Services of Flotation Energy
Flotation Energy offers a comprehensive portfolio of products and services, including Offshore Wind Development and Floating Wind Projects. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Services for developing and operating offshore windfarms to generate clean power.
Development of floating windfarms in deeper waters for global energy solutions.
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Funding Insights of Flotation Energy
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Flotation Energy
Flotation Energy has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Tokyo Electric Power Company. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Provider of renewable energy distribution services
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Flotation Energy
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Flotation Energy
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Flotation Energy Comparisons
Competitors of Flotation Energy
Flotation Energy 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 EA Technology, OVO, Conrad Energy, Aberdeen Renewable Energy Group and Pict Offshore, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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Asset management platform for renewable energy is provided.
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Solar and wind energy projects are developed by OVO.
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Wind and solar energy projects are developed and managed.
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Wind energy projects are developed in the United Kingdom.
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Developer of wind energy projects
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Onshore wind farms are developed and operated in the UK.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Flotation Energy
Frequently Asked Questions about Flotation Energy
When was Flotation Energy founded?
Flotation Energy was founded in 2018.
Where is Flotation Energy located?
Flotation Energy is headquartered in Edinburgh, United Kingdom. It is registered at Edinburgh, Scotland, United Kingdom.
What does Flotation Energy do?
Flotation Energy was founded in 2018 and is headquartered in Edinburgh, United Kingdom. Operations are centered on the renewable energy sector, with a focus on wind energy project development. Services encompass site assessment, feasibility studies, and project execution for offshore and onshore installations. Activities are conducted primarily in European waters, supporting sustainable energy infrastructure through partnerships with utilities and governments.
Who are the top competitors of Flotation Energy?
Flotation Energy's top competitors include EA Technology, OVO and Conrad Energy.
What products or services does Flotation Energy offer?
Flotation Energy offers Offshore Wind Development and Floating Wind Projects.
Who are Flotation Energy's investors?
Flotation Energy has 1 investor. Key investors include Tokyo Electric Power Company.