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Technology

QED Naval

Status: Active

Jan 11th 2021 - Feb 20th 2021

Stretch

QED Naval is a technology and project developer of hybrid-tidal energy solutions. The company asserts that tidal energy is 100% renewable and predictable, guaranteeing power throughout the year. It has developed a disruptive, self-deploying, turbine foundation platform called Subhub. The company claims that Subhub saves stakeholders 60% on deployment, operating and maintenance costs, and increases yield, by up to 48%, through its hydrodynamic hull design. It also points out that the UK has 50% of Europe’s tidal energy resource, and a predicted Gross Value Added (GVA) of £1.4 billion by 2030, ranking 2nd globally after Canada in a $76 billion global tidal energy market. QED Naval aims to become a significant contender in this segment. The company will use 20% of the investment towards team building, 70% in project delivery, and 10% towards growth and commercialisation.

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QED Naval Rating Review

Rated on 02/02/2021

Pitch Rated

90%

Gold

Management

90%

Product

90%

Investment

91%

Pitch rating powered by CROWDRATING

  • £920,811
    pledged
  • 263%
    of goal

    £350,015
    target

    £12,502,033
    pre-money valuation

    2.72%
    equity available

    1,087
    investors

    £847
    pledge per investor

    SC339873
    company number

    Active
    company status

    19/03/2008
    incorporated 13 years

    Previous Funding rounds
    11 Jan 21 Seedrs £920,811 / 263% 90.33%

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 90%

Skills 91%
The QED Naval management team includes skilled professionals with expertise in management, naval research, sales, marketing, and finance. Their management team consists of an experienced Managing Director, Chief Commercial Officer, Chairman, and a Financial Controller. The Managing Director is a senior executive with expertise in finite element analysis (FEA), naval architecture, structural analysis, energy, and business planning. He also has prior experience working at the same stage of business growth. The Chief Commercial Officer is skilled in sales management, project management, change management, business process improvement, and operations management. The Chairman has set up a joint venture with SSE to develop tidal turbines and has received various engineering lifetime achievements. The Financial Controller is competent in corporate finance, financial modelling, managerial finance, private equity, and business restructuring.

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Funding progress



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  • £920,811
    pledged
  • 263%
    of goal

    £350,015
    target

    £12,502,033
    pre-money valuation

    2.72%
    equity available

    1,087
    investors

    £847
    pledge per investor

    SC339873
    company number

    Active
    company status

    19/03/2008
    incorporated 13 years

    Previous Funding rounds
    11 Jan 21 Seedrs £920,811 / 263% 90.33%
  • 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