About Wave Energy Scotland
Wave Energy Scotland is an Energy & Utilities company based in Inverness (United Kingdom) founded in 2014. Wave Energy Scotland is focused on developing wave energy technology. It operates on a Green Energy-as-a-Service model. Wave Energy Scotland offers products and services including Wave Energy Technology Development and Research and Strategy Programs. Its focus areas include Energy, Renewable Energy and Wave Energy.
Company details
Wave Energy Scotland (WES) is dedicated to advancing the wave energy sector in Scotland through innovative technology development programs. Various challenges in wave energy converters are addressed by supporting projects on key systems and sub-systems. A competitive procurement model is utilized to fund and foster reliable, cost-effective wave energy solutions. Strategic research and academic collaboration are also emphasized to strengthen the sector. The organization is involved with multiple countries and numerous organizations to drive global impact in renewable energy.
- Headquarters Inverness, United Kingdom
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website waveenergyscotland.co.uk
- Social LinkedIn X Facebook
- Legal Name Wave Energy Scotland
- Latest Funding Round$4.96M (USD), Grant
Jan 2021
- Investors
Products & Services of Wave Energy Scotland
Wave Energy Scotland offers a comprehensive portfolio of products and services, including Wave Energy Technology Development and Research and Strategy Programs.
Innovative solutions for wave energy converters are developed.
Strategic research for wave energy sector is conducted.
Funding Insights of Wave Energy Scotland
- Total Rounds 3
- Last Round Grant — $4.96M
- Investors Count 1
All 3 funding rounds of Wave Energy Scotland 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 |
|---|---|---|---|---|---|
| Jan 2021 | $4.96M | Grant | – | – | |
| Mar 2019 | $218,437 | Grant | – | – | |
| May 2018 | Grant | – | – |
1 investors in total: 1 institutional.
Investors in Wave Energy Scotland
Wave Energy Scotland has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium |
Investor details for Wave Energy Scotland
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 Wave Energy Scotland
1 people are tracked at Wave Energy Scotland (1 in leadership).
| Name | Role | Group |
|---|---|---|
Tim Hurst | Managing Director | Leadership |
Complete people profiles for Wave Energy Scotland
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 Wave Energy Scotland
3 dated milestones of Wave Energy Scotland across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Wave Energy Scotland is founded.
- Funding First funding round.
- Funding Latest funding round, Grant, of $5.0M.
Web traffic of Wave Energy Scotland
The website of Wave Energy Scotland (waveenergyscotland.co.uk) receives about 2K visits a month.
- Monthly visits2K
Top companies in Renewable & Sustainable Energy
2 companies that operate in the same segment as Wave Energy Scotland (Renewable & Sustainable Energy) in United Kingdom, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Utility bill management platform is provided for tracking and billing. | 2015 | London, England, United Kingdom | USD 2.81 B | USD 17.62 K | 5,752 | |
Solar energy projects are developed and operated by Lightsource BP. | 2010 | London, England, United Kingdom | USD 417.9 M |
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Frequently Asked Questions about Wave Energy Scotland
Wave Energy Scotland was founded in 2014 and raised its 1st funding round 4 years after it was founded.
Wave Energy Scotland is headquartered in Inverness, United Kingdom. It is registered at Inverness, Scotland, United Kingdom.
Wave Energy Scotland (WES) is dedicated to advancing the wave energy sector in Scotland through innovative technology development programs. Various challenges in wave energy converters are addressed by supporting projects on key systems and sub-systems. A competitive procurement model is utilized to fund and foster reliable, cost-effective wave energy solutions. Strategic research and academic collaboration are also emphasized to strengthen the sector. The organization is involved with multiple countries and numerous organizations to drive global impact in renewable energy.
Wave Energy Scotland offers Wave Energy Technology Development and Research and Strategy Programs.
Wave Energy Scotland has 1 investor. Key investors include European Union.
Wave Energy Scotland operates through Wave Energy Scotland.