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Status: Expired

Nov 4th 2019 - Dec 23rd 2019

Nova is a world-leading and award-winning tidal energy company. It designs, builds, and operates tidal turbines that generate electricity from the flow of the tide and the natural ebb. Nova's underwater turbines work in harmony with marine environment and have zero visual impact. In 2018, Nova received international recognition at the G7 summit and won ‘Outstanding Project’ at the Green Energy Awards the same year. Nova aims to become cost-competitive with traditional baseload fossil fuels. With the proceeds, the company will fulfil its purpose of Business Growth (25%), Project Delivery (50%), and Commercial Readiness (25%).

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Nova Innovation Rating Review

Rated on 01/12/2019

Pitch Rated

56%

Insufficient Data

Management

77%

Product

91%

Investment

UNRATED*

* Section unrated owing to insufficient or incomplete information available at the time of rating.

Pitch rating powered by CROWDRATING

What the ratings mean

  • 49% and under
    We suggest potential investors carry out further study of their own
    50-64%
    Room for improvement
    65-79%
    Worth considering
    80%+
    Gold rating, our highest rating
Click here for more information on our ratings
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Management 77%

Skills 82%
The management team has the relevant skills required to carry out business operations. The CEO and CTO have expert knowledge in the energy sector. Chairman was CEO of SSE and is CEO at |Thames Water.

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Funding progress



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  • £1,202,252
    pledged
  • 240%
    of goal

    £500,011
    target

    £28,284,204
    pre-money valuation

    1.74%
    equity available

    1,530
    investors

    £786
    pledge per investor

    SC358996
    company number

    Active
    company status

    01/05/2009
    incorporated 11 years

    Equity Calculator
    Investment
    £
    Equity
    %
    Funding rounds
    04 Nov 19 Seedrs £1,202,252 / 240% 56.00%
  • Internet Business Awards Category Award Winner 2015
  • Hertfordshire Business Awards Finalist 2014

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