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20th November 2020 - 0 comments

Wave power pioneers raise £850k to bring green power to subsea oil and gas

Wave power specialists Mocean Energy have secured major new investment to accelerate the commercialisation of their ground-breaking wave energy technology.

The Edinburgh start-up has raised £612,000 equity seed funding plus £250,000 from Innovate UK to advance the design of their Blue Star wave machine and drive its adoption in subsea oil and gas.

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