Scottish ocean energy pioneer Mocean Energy has launched a crowdfunding campaign on Crowdcube, Europe's largest private market investment platform.
The campaign, which is now live, aims to finance the next phase of the company's ambitious growth plans as it looks to mature its pioneering technology.
Mocean Energy is working to transform the ocean energy space with innovative technology that utilises wave, solar and battery storage to deliver reliable, renewable power and communications.
The raising of further investment will be used to support Mocean Energy's exciting evolution as the company aims to move from the research and development (R&D) and prototype phase to technology commercialisation and internationalisation.
Through this campaign, investors can directly contribute to Mocean Energy's mission of bringing dependable renewable energy and communications solutions to the growing Blue Economy, an essential step towards a sustainable future.
Cameron McNatt, Managing Director at Mocean Energy, said: "We are advancing our innovative technology in support of our ambition to become a global leader in the ocean energy space. This crowdfunding round is an opportunity to join us on this exciting journey as we deliver cutting-edge solutions to power a cleaner, greener future."
Mocean Energy has already demonstrated the effectiveness of its wave and solar powered Blue X wave energy converter prototype - which can be paired with battery storage to deliver reliable green power - demonstrated through the Renewables for Subsea Power programme, and customer projects are now underway investigating the deployment of its commercial product, Blue Star.
To date Mocean Energy has received support from industry and investors include Katapult Ocean, MOL, Equity Gap, TotalEnergies, Shell - Marine Renewable Program, and Wave Energy Scotland.
For more details on Mocean Energy's Crowdcube investment round, visit: www.crowdcube.com/moceanenergy
Please Note: Do not invest unless you are prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take two minutes to learn more - https://www.crowdcube.com/explore/risk-warning
ENDS
Issued on behalf of Mocean Energy by BIG Partnership. For more information, contact Hamish Penman: hamish.penman@bigpartnership.co.uk
Mocean Energy
Mocean Energy designs and delivers ocean energy technology to provide clean, carbon-free, renewable power.
Established in Scotland during 2015, Mocean Energy's successful hybridisation of wave energy with solar power, supplemented by energy storage, have been a key part of its efforts to provide a more capable ocean energy platform for continuous power and communications delivery.
With main offices in Edinburgh and Aberdeen, with additional satellite offices throughout the UK, Mocean Energy is developing scalable core wave energy technology which will feed additional markets, from islands to national energy grids.
