Waves4Power

Sweden, Sweden

35% Raised

Short Summary

Waves4Power business is to convert ocean wave motion into electric power. We do it in a profitable way with no harmful CO2 emissions. Our aim to launch our first commercial wave power park in 2020 connected to the grid. We aim at IPO in max 5 years

Overview

Target
€10,000,000
Minimum
€25,000
Investment Raised
€3,500,000
Previous Rounds N/A
Stage MVP/Finished Product
Investor Role Weekly Involvement

Highlights

  • W4P have tested both half scale and full scale WaveEL with very good result
  • We have 8 patents with a minimum of 14 years remaining life.
  • We have very positive feedback from potential customers in fish farming
  • We have very good feedback from the offshore oil/gas sector
  • We have a strong, dedicated and experienced tech team and partner team
Please note: Investing in early stage businesses involves risks, including illiquidity, lack of dividends, loss of investment and dilution, and it should be done only as part of a diversified portfolio. This platform is targeted solely at investors who are sufficiently sophisticated to understand these risks and make their own investment decisions. This information has not been approved as a financial promotion, and you must carry out your own due diligence.

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