We use cookies to improve your experience on this site. By viewing our pages, you give us consent to use cookies. Find out more.

Environmental and Ethical

Orbital Marine Power

Status: Active

Dec 8th 2020 - Jan 14th 2021

Orbital Marine Power aims to harness the energy flowing in tidal streams and rivers through its award-winning tidal turbines. Orbital's O2 turbine is designed to deliver enough power for up to 2,000 homes. The company's vision is to focus on providing turbines and services into a future £20 billion per annum utility-scale global market for clean and predictable power from tidal streams. Orbital is currently providing £15 million of funded design projects to refine its IP protected low carbon tidal technology in readiness to scale up and play its part in meeting the ever-increasing demand for clean power. It will use the investment to grow its business across different verticals.

read more read less

Orbital Marine Power Rating Review

Rated on 08/01/2021

Pitch Rated

81%

Gold

Management

90%

Product

87%

Investment

66%

Pitch rating powered by CROWDRATING

  • £2,595,231
    pledged
  • 259%
    of goal

    £1,000,000
    target

    £39,962,723
    pre-money valuation

    2.44%
    equity available

    3,031
    investors

    £856
    pledge per investor

    SC235066
    company number

    Active
    company status

    07/08/2002
    incorporated 19 years

    £4.50
    share price

    Previous Funding rounds
    08 Dec 20 Crowdcube £2,595,231 / 260% 81.00%

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
Login to view the full report

Management 90%

Skills 91%
Orbital Marine Power has a skilled and diverse team covering the roles of operations, technology development, and finance. The team is led by an award-winning CEO who is proficient in Alternative Energy, Cleantech, Wave Energy, Environmental Impact Assessment, and Project Engineering. Their Engineering Manager is specialised in Power Generation, Power Systems, Commissioning, Energy Efficiency, and High Voltage. Their Commercial Director has the skills to build the brand and increase brand awareness through Alternative Energy, Tidal Power, Stakeholder Engagement, Environment Awareness, and Project Planning. The company finances are overseen by their CFO, who is skilled in Financial Analysis, Mergers, and Acquisition execution, and Business Strategy.

0 comments

Log in to comment


Funding progress



More from Environmental and Ethical

RheEnergise is an energy company that plans to transform pumped hydro technology and boost its capacity with its patented High-Density Hydro (HDH) technology. The company asserts that, by installing HDH on smaller hills and combining it with its HD Fluid R-19, businesses could produce 2.5 times the energy compared to low-density pumped-hydro. RheEnergise aims to install multiple HDH projects to meet the UK's growing energy needs. The company has agreements with entities like SSE, WelshPower, GreenCat Renewables and REG-Power. It is currently using its funding grants of ~£270,000 over the next nine months to build a defendable "Moat" of IP (Patents, Design and copyrights, know-how, and trade secrets) across six critical integrated sub-systems. The company will use the investment received to hire key personnel, progress patents, and accelerate its activities.
pledged: 115% days to go: 29 investment: £115,016
pluumo makes sustainable thermal packaging material from waste feathers. The company asserts that fresh food deliveries need thermal packaging to keep ingredients frozen and prevent spoilage. pluumo claims that plastics such as Expanded Polystyrene (EPS) are used in this process, leading to 141,000 tons of plastic waste generated in the EU in 2019. pluumo asserts that its patent-pending material matches the performance of EPS, keeping items chilled for up to 40 hours. The company has secured £450,000 in grants/awards, including £140,000 via InnovateUK. It aims to be a contender in the $137 billion online food delivery industry. pluumo argues that 74% of consumers would pay more for green packaging, with e-commerce sustainable packaging predicted to be worth $65 billion by 2023. The company will use the investment to scale production and expand into the wider UK market.
pledged: 140% days to go: 21 investment: £352,205

  • £2,595,231
    pledged
  • 259%
    of goal

    £1,000,000
    target

    £39,962,723
    pre-money valuation

    2.44%
    equity available

    3,031
    investors

    £856
    pledge per investor

    SC235066
    company number

    Active
    company status

    07/08/2002
    incorporated 19 years

    £4.50
    share price

    Previous Funding rounds
    08 Dec 20 Crowdcube £2,595,231 / 260% 81.00%
  • 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