About Pelamis Wave Power
Pelamis Wave Power was a Consumer company based in Edinburgh (United Kingdom) founded in 1998 by Richard Yemm. Online platform for casino games, sports betting, and gambling activities. It operates on a B2C and D2C model. Pelamis Wave Power has raised $40.45 million across 3 funding rounds from investors including BlackRock, Equinor and 3i Group. Its chief executive, as recorded, is Richard Yemm. The company is recorded as dissolved. Pelamis Wave Power offers products and services including Cá cược thể thao, Casino trực tuyến, and Xổ số trực tuyến. Its focus areas include Entertainment, Gaming Tech, Online Gambling and Casino Games.
Company details
Go88 operates as an online gaming platform, providing various betting services including sports wagering, casino games, and lottery options. It allows users to access games via apps or websites, facilitating direct participation from devices. Based in Hanoi, Vietnam, with ties to Cambodia, it serves players in multiple countries by offering secure transactions and promotions. The platform focuses on user-friendly interfaces and 247 customer support for seamless gambling experiences.
- Headquarters Edinburgh, United Kingdom
- Founders Richard Yemm
- SectorsConsumer
- Website pelamiswave.com
- Social X Facebook
- Total Equity Funding$40.45M (USD)
in 3 rounds
- Latest Funding Round$7.9M (USD), Series B
Nov 2008
- InvestorsBlackRock
& 7 more
Products & Services of Pelamis Wave Power
Pelamis Wave Power offers a comprehensive portfolio of products and services, including Cá cược thể thao, Casino trực tuyến, and Xổ số trực tuyến.
Platform for online sports wagering and betting on events
Games like poker and slots for virtual gambling
Digital lottery options with quick results and rewards
Funding Insights of Pelamis Wave Power
Pelamis Wave Power has successfully raised a total of $40.45M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $7.9 million completed in November 2008. 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.
- Total Funding $40.45M
- Total Rounds 3
- Last Round Series B — $7.9M
- First Round $8.56M
(Mar 2002)
- Investors Count 8
All 3 funding rounds of Pelamis Wave Power with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2008 | $7.9M | Series B | – | – | |
| Jun 2006 | $24M | Series B | – | – | – |
| Mar 2002 | $8.56M | Series A | – | – |
8 investors in total: 8 institutional.
Investors in Pelamis Wave Power
Pelamis Wave Power has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include BlackRock, Equinor and 3i Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Sustainable industrial innovation is supported through venture capital investments. | emerald.vc | Zurich, Switzerland | ||
Private equity firm focused on mid-market businesses | 1945 | 3i.com | London, United Kingdom | |
Diversified investment management firm and private fund focused on debt, equity, and secondary market investments in multiple sectors | 1988 | blackrock.com | New York, United States | |
| atmosholding.com | ||||
Petroleum, natural gas, petrochemicals, and electrical power are produced globally. | 1972 | equinor.com | Stavanger, Norway | |
Aluminium exploration services are provided by Norsk Hydro globally. | 1905 | hydro.com | Oslo, Norway | |
It functions as an infrastructure fund focused on multiple sectors. | 1995 | robecosam.com | Zurich, Switzerland |
Investor details for Pelamis Wave Power
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Pelamis Wave Power
1 people are tracked at Pelamis Wave Power (1 in leadership).
| Name | Role | Group |
|---|---|---|
Richard Yemm | Founder, CEO | Leadership |
Complete people profiles for Pelamis Wave Power
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Pelamis Wave Power
3 dated milestones of Pelamis Wave Power across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Pelamis Wave Power is founded.
- Funding First funding round of $8.6M.
- Funding Latest funding round, Series B, of $7.9M.
Web traffic of Pelamis Wave Power
Websites that share an audience with Pelamis Wave Power (pelamiswave.com).
Websites whose visitors overlap most with Pelamis Wave Power. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| wavegen.co.uk | 100% | View details |
Top companies in Gambling & Entertainment Platforms
3 companies that operate in the same segment as Pelamis Wave Power (Gambling & Entertainment Platforms) in United Kingdom, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Multi-category online gambling is facilitated via an app-based platform. | 1934 | London, England, United Kingdom | USD 1.71 B | 10,239 | ||
Online platform for betting on multiple sports is provided. | 2001 | Stoke On Trent, England, United Kingdom | ||||
Casual mobile games are developed and published by SciPlay. | 2007 | London, England, United Kingdom |
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Frequently Asked Questions about Pelamis Wave Power
Pelamis Wave Power was founded in 1998 and raised its 1st funding round 4 years after it was founded.
Pelamis Wave Power is headquartered in Edinburgh, United Kingdom. It is registered at Edinburgh, Scotland, United Kingdom.
Richard Yemm is the CEO of Pelamis Wave Power, as recorded in our data. They have also founded this company.
Pelamis Wave Power is a funded company, having raised a total of $40.45M across 3 funding rounds to date. The company's 1st funding round was a Series A of $8.56M, raised on Mar 2002.
Go88 operates as an online gaming platform, providing various betting services including sports wagering, casino games, and lottery options. It allows users to access games via apps or websites, facilitating direct participation from devices. Based in Hanoi, Vietnam, with ties to Cambodia, it serves players in multiple countries by offering secure transactions and promotions. The platform focuses on user-friendly interfaces and 247 customer support for seamless gambling experiences.
Pelamis Wave Power offers Cá cược thể thao, Casino trực tuyến, and Xổ số trực tuyến.
Pelamis Wave Power has 8 investors. Key investors include BlackRock, Equinor, 3i Group, Norsk Hydro, and Emerald Technology Ventures.