You are viewing a limited version of this profile. To access i3's full capabilities.
40South Energy
Save
Company logo (jpg or png)
Parent company

Short description

Developer of technology that converts ocean wave energy into electricity

Founded in 2008
Founded in

Company type Out of Business Public ()
Company type

Industry Group energy & power

Sector hydro & marine

TRL Range 7-8
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

Ticker

Headquarters United Kingdom London, United Kingdom
Address
City
State
Zip
Country

Parent Companies

Updated by Michele Grassi at 40South Energy on 01/30/2015

Edited by Cleantech Group on 06/07/2021

Traction
  • 0 M&A items
tags
Similar companies
Customers
Save
Date Company
07/04/2013

Pr.ener.ca Pr.ener.ca

Confirmed by Pr.ener.ca

Partnerships
Save
Date Partner Type
09/30/2014
Elements Works Elements Works
View source    
Confirmed by Elements Works
Channel Partner
Investment Rounds
Save

IPO INFORMATION

Date

IPO status

IPO Type

Amount

Initial shares

Ticker symbol

Exchange listed

Prospectus URL

Prospectus

Source URL

Source

Description

Date Investors Type Amount
01/20/2017 Invitalia Ventures Invitalia Ventures , Enel Enel (2)
Post-money valuation of
The company intends to use the funds to develop the technology and start with commercialization of its machine in 2017.
Series B $2,392,301
Click to add IPO information
Products
Save
Product image Name Product status Revenue model Cost metrics

H24

50 kW wave and tidal energy converter, for water depths between 5m and 20m.

Pilot/Early Revenue Products - Retail
$/kW (current)
$/kW (projected)
$/kWh (current)
$/kWh (projected)
You are viewing a limited version of this profile. To access i3's full capabilities.
Back to top

Preload svg text font