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Tocardo
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Short description

Developer of in-stream river and tidal energy technology

Founded in 1999
Founded in

Company type Private Public ()
Company type

Industry Group energy & power

Sector hydro & marine

TRL Range 9
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

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Headquarters Netherlands Den Oever, Netherlands
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Updated by Paul Morris at Tocardo on 08/26/2014

Edited by Cleantech Group on 07/26/2021

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  • 1 M&A items
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Date Company
11/04/2014

Ekornergy Ekornergy

Tocardo has been awarded a 28MW tidal energy project in South Korea. The contract marks a major milestone for the company's continued expansion into large-scale tidal projects around the globe.

Confirmed by Ekornergy

Partnerships
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Date Partner Type
06/23/2021
Greenbackers Investment Capital Greenbackers Investment Capital
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Confirmed by Greenbackers Investment Capital
Incubation/Acceleration
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IPO INFORMATION

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Description

Date Investors Type Amount
01/24/2013 Repsol Energy Ventures Repsol Energy Ventures (1)
Post-money valuation of
Tocardo and Repsol enter partnership to develop offshore tidal energy. Repsol has taken a 18% stake in Tocardo.
Growth Equity
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