Startup · $7.6m raised
Wave energy pioneer developing fully submerged Ceto wave energy technology
Fremantle, WA
Every investor coverage indicates participated in a round Carnegie Clean Energy raised.
| Investor | Rounds | Invested |
|---|---|---|
| EuropeWave | Grant | $6,300,000 |
| Blue Economy Cooperative Research Centre | Grant | $1,350,000 |
Companies Carnegie Clean Energy acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming Carnegie Clean Energy. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Western Australia's Carnegie Clean Energy has started developing its largest Ceto wave array yet, six 1 MW units to plug into the BiMEP test platform off Spain's Basque coast.
Perth wave-energy startup WaveX received a $2.5 million federal grant and is hunting more funding for an Albany prototype; its founder says oil and gas supply chains make the device cost-competitive.
Carnegie Clean Energy has secured European funding through a tender win for a CETO wave unit off Spain's Basque coast; the article also recalls earlier MoorPower demonstrator support.
Also RenewEconomy