About SeaPotential
SeaPotential is an Energy & Utilities company based in Magherafelt (United Kingdom) founded in 2009. It operates as a wave energy is captured via multi-mode point absorber converter. SeaPotential offers products and services including DUO Concept, Desalination System, and Ocean Observation Tools. Its focus areas include Energy Tech, Renewable Energy Tech, Marine Energy and Ocean Thermal. Its legal entity is SEA POTENTIAL LIMITED. Its competitors include Seatrec, Global OTEC, Ocean Grazer, Makai Ocean Engineering and Ocean Thermal Energy Corporation and 4 more; 2 of its 9 listed competitors have raised funding.
Company details
SeaPotential was founded in 2009 and is based in Magherafelt, United Kingdom. Operations focus on the renewable energy sector, specifically wave energy conversion. The DUO device, an axisymmetric point absorber, is designed to extract power from multiple degrees of freedom, including vertical and rotary motions of offshore waves. Energy is harvested simultaneously from various directions, supporting multi-mode power capture in marine environments.
- Headquarters Magherafelt, United Kingdom
- SectorsEnergy & Utilities
- Email••••••••
- Website seapotential.com
- Legal Name Sea Potential Limited
- Date of Incorporation 22 Jul, 2010
- Jurisdiction BELFAST
- Investors
Products & Services of SeaPotential
SeaPotential offers a comprehensive portfolio of products and services, including DUO Concept, Desalination System, and Ocean Observation Tools.
Wave-powered system for fresh water and electricity generation
Technology using waves to produce fresh water for remote areas
Systems for capturing ocean data via wave power
Funding Insights of SeaPotential
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of SeaPotential 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 |
|---|---|---|---|---|---|
| Mar 2016 | – | Seed | – | – |
1 investors in total: 1 institutional.
Investors in SeaPotential
SeaPotential has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Wave Energy Prize.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Serves as a government-backed organization promoting innovation in the energy sector. | 2014 | waveenergyprize.org | United States |
Investor details for SeaPotential
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.
Timeline of SeaPotential
2 dated milestones of SeaPotential across 7 years, from founding to its latest funding, stage changes and deals.
- Founded SeaPotential is founded.
- Funding First funding round.
Competitors of SeaPotential
SeaPotential has 9 listed competitors in our database, 2 of them funded. They include Seatrec, Global OTEC, Ocean Grazer, Makai Ocean Engineering and Ocean Thermal Energy Corporation, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| seatrec.com | 2012 | Monrovia, United States | $3.32M | – | Energy is harvested from ocean temperature gradients using phase-change materials. | |
| globalotec.co | 2017 | London, United Kingdom | $318,800 | 1 | Ocean thermal energy conversion solutions are provided globally. | |
| oceangrazer.com | 2012 | Groningen, Netherlands | – | – | Inshore platform with multi-pump and piston, power takes to generate energy | |
| makai.com | 1973 | Waimanalo, United States | – | – | Ocean engineering services for renewables and submarine infrastructure are provided. | |
| otecorporation.com | 1988 | Lancaster, United States | – | 2 | Marine technologies using OTEC and SWAC for energy are developed. | |
| bluerise.nl | 2009 | Delft, Netherlands | – | – | Ocean thermal energy is harnessed for clean power generation. | |
| deprofundis.com | 2005 | Saint Denis, France | – | – | Specializes in ocean thermal energy conversion for sustainable power solutions. | |
| renewabledevices.com | 2002 | Edinburgh, United Kingdom | – | – | Delivers comprehensive solutions for small-scale wind and tidal turbines. | |
| oteci.com | 2001 | Baltimore, United States | – | – | Develops ocean thermal energy conversion technology for sustainable solutions. |
Detailed competitors of SeaPotential
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Renewable Energy Platforms
10 companies that operate in the same segment as SeaPotential (Renewable Energy Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Silicon-based solar PV modules are manufactured for diverse applications. | 1985 | San Jose, California, United States | USD 171.73 M | USD 300 M | 600 | |
Manufacturer of smart solar inverters | 2006 | Herzliya, Central District, Israel | USD 96.8 M | USD 1.18 B | 5,630 | |
Solar panel tracking software is provided for monitoring and control. | 2013 | Fremont, California, United States | USD 42.63 M | USD 3.56 B | 1,300 | |
Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture | 2010 | Pune, Maharashtra, India | USD 76.38 M | USD 56.11 M | 702 | |
Iron-air energy storage systems are developed for renewable energy projects. | 2009 | Somerville, Massachusetts, United States | USD 2 B | – | 902 | |
Full-end solar services are provided to residential and commercial sectors. | 2009 | Charleston, South Carolina, United States | USD 670.36 M | – | 749 | |
Micro-inverters and energy storage systems are manufactured for solar applications. | 2006 | Fremont, California, United States | USD 100.07 M | USD 1.47 B | 2,780 | |
Producer and supplier of green hydrogen | 2017 | Nantes, Pays De La Loire, France | USD 96.93 M | USD 11.48 M | 199 | |
Online platform for funding solar projects | 2015 | New York, New York, United States | USD 503.95 M | – | 30 | |
Provider of hydrogen production and storage solutions | 1927 | Oslo, Oslo, Norway | – | USD 95.55 M | 409 |
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Frequently Asked Questions about SeaPotential
SeaPotential was founded in 2009 and raised its 1st funding round 7 years after it was founded.
SeaPotential is headquartered in Magherafelt, United Kingdom. It is registered at Magherafelt, Northern Ireland, United Kingdom.
SeaPotential was founded in 2009 and is based in Magherafelt, United Kingdom. Operations focus on the renewable energy sector, specifically wave energy conversion. The DUO device, an axisymmetric point absorber, is designed to extract power from multiple degrees of freedom, including vertical and rotary motions of offshore waves. Energy is harvested simultaneously from various directions, supporting multi-mode power capture in marine environments.
SeaPotential's top competitors include Seatrec, Global OTEC and Makai Ocean Engineering.
SeaPotential offers DUO Concept, Desalination System, and Ocean Observation Tools.
SeaPotential has 1 investor. Key investors include Wave Energy Prize.
SeaPotential operates through Sea Potential Limited.