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Status: Active

Aug 23rd 2021 - Oct 6th 2021

20 days left

FloatWind manufactures mass-produced floating offshore wind turbines. It seeks to disrupt the £20 billion offshore wind energy market. The company argues that conventional offshore wind farms, installed at sea, use expensive and slow installation methods that are also dangerous to the marine environment. It further stresses that the high cost of installation is often borne by the consumer. FloatWind asserts that its business model is different. The company claims to build its products on land and then floats its ready-to-float turbines out to sea. The company points out that this reduces environmental damage, substantially reduces costs, and makes offshore wind energy cheaper. FloatWind was selected for a 6-month UK Innovate Edge business mentoring programme and appeared for SetSquared Business Mentoring Seminar in May 2021. The company has 3,000+ followers on LinkedIn. FloatWind states it will use the investment for product development, expanding its team, IP protection, promoting marketing and PR, and boosting its manufacturing capabilities.

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  • £243,443
    pledged
  • 97%
    of goal

    £250,001
    target

    £2,100,000
    pre-money valuation

    10.64%
    equity available

    488
    investors

    £499
    pledge per investor

    12785634
    company number

    Active
    company status

    02/08/2020
    incorporated 1 years

    Previous Funding rounds
    23 Aug 21 Seedrs £243,443 / 97%
    News

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Funding progress



  • £243,443
    pledged
  • 97%
    of goal

    £250,001
    target

    £2,100,000
    pre-money valuation

    10.64%
    equity available

    488
    investors

    £499
    pledge per investor

    12785634
    company number

    Active
    company status

    02/08/2020
    incorporated 1 years

    Previous Funding rounds
    23 Aug 21 Seedrs £243,443 / 97%
    News
  • Internet Business Awards Category Award Winner 2015
  • Hertfordshire Business Awards Finalist 2014

As seen in:

  • The Guardian
  • Financial Times
  • Yahoo! Finance
  • The Times
  • The Daily Telegraph