Mocean Energy raises £2.2 million to drive commercialisation

Mocean Energy has raised £2.2m in new funding, alongside a £500,000 grant, to drive the commercialisation of its wave energy technology.

The equity investment came from existing investors, including Equity Gap, Scottish Enterprise and Old College Capital, alongside new shareholders Norwegian impact investors Katapult Ocean, and MOL PLUS, the corporate venture capital arm of a Japanese shipping conglomerate.

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