About Storegga Geotechnologies
Storegga Geotechnologies is a company based in Aberdeen (United Kingdom) founded in 2019.. Storegga Geotechnologies has raised $62.86 million across 7 funding rounds from investors including Mitsui & Co., ADNOC and Macquarie Group. The company has 83 employees as of December 31, 2022. Storegga Geotechnologies has completed 1 acquisition, including Pale Blue Dot Energy. Storegga Geotechnologies offers products and services including CO2 Storage Solutions and Hydrogen Projects. Storegga Geotechnologies operates in a competitive market with competitors including Carbon Clean, Charm Industrial, Svante, RepAir and Avnos, among others.
- Headquarter Aberdeen, United Kingdom
- Employees 83 as on 31 Dec, 2022
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Sectors
Environment
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Storegga Limited
- Date of Incorporation 08 Oct, 2019
- Jurisdiction LONDON, UNITED KINGDOM
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Annual Revenue
$49.2 K (USD)-98as on Dec 31, 2022
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Net Profit
$-31.7 M (USD)-685as on Dec 31, 2022
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EBITDA
$-32.68 M (USD)-798as on Dec 31, 2022
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Total Equity Funding
$62.86 M (USD)
in 7 rounds
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Latest Funding Round
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Investors
Mitsui & Co.
& 7 more
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Employee Count
83
as on Dec 31, 2022
- Investments & Acquisitions
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Products & Services of Storegga Geotechnologies
Storegga Geotechnologies offers a comprehensive portfolio of products and services, including CO2 Storage Solutions and Hydrogen 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.
Provides systems for capturing and storing CO2 from industrial sources.
Develops initiatives for green hydrogen production and applications.
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Funding Insights of Storegga Geotechnologies
Storegga Geotechnologies has successfully raised a total of $62.86M across 7 strategic funding rounds. 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 7
- Last Round Last Round
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First Round
First Round
(01 May 2018)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2024 | Amount | Series A - Storegga Geotechnologies | Valuation | ADNOC |
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| May, 2022 | Amount | Series A - Storegga Geotechnologies | Valuation |
investors |
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| Jul, 2021 | Amount | Seed - Storegga Geotechnologies | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 Storegga Geotechnologies
Storegga Geotechnologies has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include Mitsui & Co., ADNOC and Macquarie Group. 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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Sovereign wealth is managed and private equity investments are facilitated.
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Founded Year | Domain | Location | |
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Diversified asset management firm and private fund focused on debt and equity investments in climate startups, real estate, and multiple sectors
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Founded Year | Domain | Location | |
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Provider of natural gas & oil distributor, processing, and refining services
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Founded Year | Domain | Location |
| Investor | Description | 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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Storegga Geotechnologies
Storegga Geotechnologies has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Pale Blue Dot Energy. 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 |
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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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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Environmental campaign services are operated in the United Kingdom.
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2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Storegga Geotechnologies
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Storegga Geotechnologies Comparisons
Competitors of Storegga Geotechnologies
Storegga Geotechnologies 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 Carbon Clean, Charm Industrial, Svante, RepAir and Avnos, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of modular carbon capture technology and industrial decarbonization solutions
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| domain | founded_year | HQ Location |
Bio-oil-based carbon removal technology is developed from agricultural residues.
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| domain | founded_year | HQ Location |
Carbon capture solutions from air are provided for industrial emissions.
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| domain | founded_year | HQ Location |
Direct air capture solutions for air purification are provided.
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| domain | founded_year | HQ Location |
Cloud-based endpoint protection and management platform is offered.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Storegga Geotechnologies
Frequently Asked Questions about Storegga Geotechnologies
When was Storegga Geotechnologies founded?
Storegga Geotechnologies was founded in 2019.
Where is Storegga Geotechnologies located?
Storegga Geotechnologies is headquartered in Aberdeen, United Kingdom. It is registered at Aberdeen, Scotland, United Kingdom.
Who is the current CEO of Storegga Geotechnologies?
Tim Stedman is the current CEO of Storegga Geotechnologies.
Is Storegga Geotechnologies a funded company?
Storegga Geotechnologies is a funded company, having raised a total of $62.86M across 7 funding rounds to date.
How many employees does Storegga Geotechnologies have?
As of Dec 31, 2022, the latest employee count at Storegga Geotechnologies is 83.
What is the annual revenue of Storegga Geotechnologies?
Annual revenue of Storegga Geotechnologies is $49.2K as on Dec 31, 2022.
What does Storegga Geotechnologies do?
Storegga Geotechnologies was founded in 2019 in Aberdeen, United Kingdom. Operations are centered in the geotechnologies sector, where carbon capture and hydrogen projects are advanced. Geological storage for industrial carbon dioxide emissions is developed, alongside hydrogen production initiatives. Expertise from the offshore oil and gas industry is applied to site identification and project execution. Industrial CO2 emissions are addressed through these activities, with contributions made to sustainable energy development.
Who are the top competitors of Storegga Geotechnologies?
Storegga Geotechnologies's top competitors include Carbon Clean, Charm Industrial and RepAir.
What products or services does Storegga Geotechnologies offer?
Storegga Geotechnologies offers CO2 Storage Solutions and Hydrogen Projects.
How many acquisitions has Storegga Geotechnologies made?
Storegga Geotechnologies has made 1 acquisition, including Pale Blue Dot Energy.
Who are Storegga Geotechnologies's investors?
Storegga Geotechnologies has 8 investors. Key investors include Mitsui & Co., ADNOC, Macquarie Group, Snam, and M&G.