
Porpoise Power
Bio-inspired hydropower systems generating predictable, cost-effective tidal energy with minimal environmental impact.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor | €0.0 | round |
investor | €0.0 | round | |
* | £1.2m | Seed | |
Total Funding | 000k |
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Porpoise Power leverages bio-inspired hydropower systems to generate electricity from tidal streams. The company employs fins placed in tidal flows to harness energy, which is then converted into electricity. This approach offers predictable baseload power similar to nuclear energy but at a significantly lower cost and faster construction time. Porpoise Power's technology is designed to be environmentally friendly, sitting low on the water to avoid obstructing views and moving at half the speed of the flow to create a habitat for marine life. The company targets competitiveness with offshore wind through a modular approach and low capital infrastructure requirements. Porpoise Power serves businesses and communities interested in sustainable energy solutions and is backed by venture capital firms like Zero Carbon Capital, Creator Fund, and OSE. The company operates in the renewable energy market, focusing on reducing reliance on fossil fuels. Revenue is generated through the deployment of its tidal energy systems and potential investment opportunities. Keywords: hydropower, tidal energy, baseload power, marine life, renewable energy, venture capital, sustainable, modular, electricity, tidal streams.