Oxford Innovation Finance and angel investors backed the spinout to fund sea trials and prepare for commercial deployment.
"This investment from Oxford Innovation Finance will assit us in validating our technology at full scale, demonstrating that predictable tidal energy can be generated cost-effectively in a much wider range of locations than previously possible, and move us closer to bringing reliable, renewable baseload power to market. Their experience in supporting ambitious deep technology businesses, together with the expertise of their angel investor community, will be invaluable as we continue to scale."




