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Status: Extended

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

Pitch rating powered by CROWDRATING

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.

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    £28,284,204
    pre-money valuation

    1.74%
    equity available

    1,516
    investors

    £828
    pledge per investor

    01/05/2009
    incorporated 15 years

    Equity Calculator
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    Investment
    £
    Equity
    %
    Previous Funding rounds
    11 Mar 24 Seedrs £1,255,666 / 56.00%

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

RISK WARNING - The ratings are based on the information provided in the fund raiser’s pitch deck, business plans and financial forecasts which have appeared on a FCA regulated crowdfunding site. Where possible we validate the business plan to public sources such as LinkedIn, Companies House, Credit Agencies and internet searches. We cannot guarantee the information is correct. The ratings report takes no account of the investors/ individual circumstances. Do your own due diligence and get professional advice before investing. Your capital is at risk when investing in private companies.

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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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Log in to view amount pledged

    Log in to view target

    £28,284,204
    pre-money valuation

    1.74%
    equity available

    1,516
    investors

    £828
    pledge per investor

    01/05/2009
    incorporated 15 years

    Equity Calculator
    ?>
    Investment
    £
    Equity
    %
    Previous Funding rounds
    11 Mar 24 Seedrs £1,255,666 / 56.00%
  • 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