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
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Qed Naval Limited
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$3.77 M (USD)
in 4 rounds
-
Latest Funding Round
$1.76 M (USD), Series A
Nov 16, 2022
-
Investors
Scottish Enterprise
& 1 more
-
Employee Count
Employee Count
- Investments & Acquisitions
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of QED Naval
QED Naval offers a comprehensive portfolio of products and services, including Subhub Tidal Platform and Tocardo Tidal Turbines. 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.
Deployment and maintenance costs are reduced by Subhub significantly.
Proven tidal turbines are offered with extensive operational experience.
Unlock access to complete
Unlock access to complete
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.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series A — $1.8M
-
First Round
First Round
(06 Aug 2014)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2022 | Amount | Series A - QED Naval | Valuation | Kelvin Capital |
|
| Feb, 2021 | Amount | Series A - QED Naval | Valuation |
investors |
|
| Apr, 2018 | Amount | Series A - QED Naval | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. 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 |
|---|---|---|---|---|
|
-
|
Founded Year | Domain | Location | |
|
Business development and leadership training programs are offered to companies.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by QED Naval
QED Naval has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Tocardo. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Manufacturer of tidal turbines
|
2008 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - QED Naval
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Qed Naval Comparisons
Competitors of QED Naval
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about QED Naval
When was QED Naval founded?
QED Naval was founded in 2008 and raised its 1st funding round 6 years after it was founded.
Where is QED Naval located?
QED Naval is headquartered in Edinburgh, United Kingdom. It is registered at Edinburgh, Scotland, United Kingdom.
Is QED Naval a funded company?
QED Naval is a funded company, having raised a total of $3.77M across 4 funding rounds to date.
What does QED Naval do?
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.
What products or services does QED Naval offer?
QED Naval offers Subhub Tidal Platform and Tocardo Tidal Turbines.
How many acquisitions has QED Naval made?
QED Naval has made 1 acquisition, including Tocardo.
Who are QED Naval's investors?
QED Naval has 2 investors. Key investors include Scottish Enterprise, and Kelvin Capital.