QED Naval

Edinburgh, United Kingdom Founded: 2008 • Age: 18 yrs
Marine renewable engineering and design consulting services are provided.
Annual revenue - Latest available
Total funding $3.8M 4 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

About QED Naval

QED Naval is a company based in Edinburgh (United Kingdom) founded in 2008 by Jeremy Smith. It operates as a Green Energy-as-a-Service. QED Naval has raised $3.77 million across 4 funding rounds from investors including Scottish Enterprise and Kelvin Capital. QED Naval has completed 1 acquisition, including Tocardo. QED Naval offers products and services including Subhub Tidal Platform and Tocardo Tidal Turbines.

  • Headquarter Edinburgh, United Kingdom
  • Founders Jeremy Smith
  • Sectors
    Environment
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Qed Naval Limited
Operational Areas
Environment → Climate & Sustainability Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $3.77 M (USD)

    in 4 rounds

  • Latest Funding Round
    $1.76 M (USD), Series A

    Nov 16, 2022

  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
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Products & Services of QED Naval

QED Naval offers a comprehensive portfolio of products and services, including Subhub Tidal Platform and Tocardo Tidal Turbines.

Product name locked
Category locked
Primary

Deployment and maintenance costs are reduced by Subhub significantly.

Product name locked
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Proven tidal turbines are offered with extensive operational experience.

People of QED Naval

Headcount 1-10
Employee Profiles 5
Employee Profiles
People
Gonzalo Azqueta
Lead Naval Architect
People
Corey Badger
Lead Hydrodynamics Engineer
People
Jeremy Smith
Managing Director
People
Keith Murray
Chief Commercial Officer

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Funding Insights of QED Naval

QED Naval has successfully raised a total of $3.77M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $1.76 million completed in November 2022. 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 QED Naval

QED Naval has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Scottish Enterprise and Kelvin Capital.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
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Business development and leadership training programs are offered to companies.
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Investor details for QED Naval

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Investments & Acquisitions by QED Naval

QED Naval has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Tocardo.

Investments
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Investment portfolio details for QED Naval

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Manufacturer of tidal turbines
Locked Locked 2008 Locked
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Complete acquisition details for QED Naval

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Financial Statements - QED Naval

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Detailed financials for QED Naval

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Qed Naval Comparisons

QED Naval Primary company
Description
Marine renewable engineering and design consulting services ...
Location
Edinburgh, United Kingdom
Founded Year
2008
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for QED Naval

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Competitors of QED Naval

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Detailed competitors of QED Naval

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Latest news on Qed Naval

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Frequently Asked Questions about QED Naval

QED Naval was founded in 2008 and raised its 1st funding round 6 years after it was founded.

QED Naval is headquartered in Edinburgh, United Kingdom. It is registered at Edinburgh, Scotland, United Kingdom.

QED Naval is a funded company, having raised a total of $3.77M across 4 funding rounds to date.

Tidal energy technologies are pioneered by QED Naval to integrate into the renewable energy mix. Focus is placed on cost-competitive solutions through innovative platforms like Subhub, which reduces deployment and maintenance costs. Tocardo Tidal Turbines are also provided, known for their proven reliability. The company operates in the renewable energy sector, targeting energy security and climate change mitigation. Projects such as TIGER and OTP are managed to showcase large-scale tidal energy applications. A positive impact on marine life and clean oceans is promoted through their initiatives.

QED Naval offers Subhub Tidal Platform and Tocardo Tidal Turbines.

QED Naval has made 1 acquisition, including Tocardo.

QED Naval has 2 investors. Key investors include Scottish Enterprise, and Kelvin Capital.

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