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QED Naval Ltd logo — Enabling Tidal Energy to Compete on Cost

QED Naval Ltd

Enabling Tidal Energy to Compete on Cost

Founded 2008 United Kingdom Edinburgh, United Kingdom 12 employees Equity Crowdfunding Total: $3.71M Energy, Renewable Energy

General Information

Company Name QED Naval Ltd
Founded Year 2008
Location United Kingdom Edinburgh, United Kingdom
Founders / Decision Makers
Team member
Employees 12
Industries Energy, Renewable Energy
Funding Stage Equity Crowdfunding
Social

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About QED Naval Ltd

QED Naval Ltd is a high-growth company with a focus on enabling tidal energy to compete on cost. With almost two decades of experience in naval architecture and marine engineering consultancy, the company is dedicated to developing concepts for the marine renewable energy industry, including wave, tidal, and offshore wind. QED Naval's expertise lies in R&D and rapid prototyping of marine structures using advanced numerical modeling methods and experimental techniques. The company extends its skills to other Small to Medium sized Enterprises (SMEs) in the industry, providing access to high-end design and assessment resources that are typically out of reach for SMEs. By promoting rapid product development through virtual environment assessment, QED Naval enhances product performance while minimizing the Capital Expenditure (CAPEX). This approach aims to demonstrate market-leading attributes in design or minimize the CAPEX of the product, ultimately increasing profitability without sacrificing performance. The company's early-stage assessment also instills confidence in investors. However, QED Naval emphasizes the importance of enforcing the correct Verification and Validation (V & V) procedures to ensure reliable results and draw on its valuable experience in this area. Founded in 2008 and headquartered in the United Kingdom, QED Naval secured a £1.60M Equity Crowdfunding investment on 29 August 2022 through Seedrs. This recent investment underlines the company's compelling proposition in the renewable energy industry, positioning it as an attractive opportunity for potential investors.

Business keywords: Marine renewable energy, Renewable energy industry, Naval architecture consultancy, Tidal energy technology, Offshore wind energy, Wave energy technology, Engineering consultancy, Prototype development, Numerical modeling, Virtual environment assessment, Investor confidence, Hull design, Finite Element Analysis (FEA), Computational Fluid Dynamics (CFD), Tidal turbine design

Funding Rounds & Investors (6)

View All
Funding Stage Amount Investors Lead Investors Date
Equity Crowdfunding £1.60M 1
Seedrs
29 Aug 2022
Seed Round £150.00K 2
Pario Ventures, Kelvin Capital
01 Jun 2019
Seed Round £504.97K 2
Scottish Enterprise, Kelvin Capital
28 Mar 2018
Seed Round £175.00K 1
Kelvin Capital
22 Mar 2017
Venture Round £713.50K 3
David Murray-Hundley, Scottish Enterprise +1
10 Jan 2016
Seed Round £570.92K 2
Scottish Enterprise, Kelvin Capital
10 Mar 2015

QED Naval Ltd Alternatives & Competitors

QED Naval Ltd vs

The future of floating offshore wind

Seed
23 employees
Energy, Manufacturing
QED Naval Ltd vs
Verdant Power, Inc.
Verdant Power, Inc. United States

Marine Energy Solutions

Venture round
15 employees
Energy, Renewable Energy

FAQ About QED Naval Ltd

Enabling Tidal Energy to Compete on Cost
QED Naval Ltd was founded in 2008.
QED Naval Ltd is headquartered in Edinburgh, United Kingdom.
QED Naval Ltd operates in Energy and Renewable Energy. Its work centres on Marine renewable energy, Renewable energy industry, Naval architecture consultancy and Tidal energy technology.
QED Naval Ltd has approximately 12 employees.
QED Naval Ltd has completed 6 funding rounds, raising a total of $3.71M. The latest funding stage is Equity Crowdfunding.
Top alternatives and competitors to QED Naval Ltd include SeaTwirl AB, Verdant Power, Inc.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
QED Naval Ltd and SeaTwirl AB are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for QED Naval Ltd, https://bouncewatch.com/company/qed-naval-ltd, updated 29 November 2024. When citing, please name BounceWatch and link this page.

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