DRIFT Energy raised £5M in a Series A funding round led by Octopus Ventures to commence vessel production for energy-generating yachts.
Amount Raised
£5 Million
Round Type
Series A
BathEnergyRenewable EnergyInvestors
Description
DRIFT Energy has closed £5 million in Series A funding from Octopus Ventures and Blue Action Accelerator. The investment will enable the company to start production of high-performance sailing vessels that will harness deep ocean wind to produce green hydrogen.
Quick answer
DRIFT Energy raised £5 Million in a Series A round, dated August 14, 2024. Investors: Blue Action Accelerator and Octopus Ventures. DRIFT Energy is based in Bath, England, United Kingdom.
- How much did DRIFT Energy raise?
- DRIFT Energy raised £5 Million in a Series A round on August 14, 2024.
- Who invested in DRIFT Energy?
- Blue Action Accelerator and Octopus Ventures are named as investors in this round.
- What does DRIFT Energy do?
- DRIFT Energy is a startup based in Bath, UK, that utilizes innovative sailing vessels to generate clean energy from the ocean.
- Where is DRIFT Energy based and how big is it?
- DRIFT Energy is based in Bath, England, United Kingdom. Fundz records about 6 employees.
- Who are the decision-makers at DRIFT Energy?
- Fundz holds 1 contact at DRIFT Energy. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Renewable Energy around the same time
Companies in the same sectors as DRIFT Energy that raised within 45 days of this round, from Fundz verified event records.
- FluoRok raised $10M (Funding Round) on September 27, 2024.
- General Galactic Technologies raised $9M on September 26, 2024.
- Perovskia Solar raised $2.4M (Seed) on September 26, 2024.
- Piersica raised $1M (Seed) on September 26, 2024.
- La Solive raised $4.5M (Series A) on September 25, 2024.
- The 0-Mission raised $144K (Pre-Seed) on September 24, 2024.
Who to call at DRIFT Energy, and when
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- An alert the day DRIFT Energy raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at DRIFT Energy, from your own LinkedIn network
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Funding Insights
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