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Energy Tech Seed Founded 2011

INGINE

INGINE is a technology solutions provider for energy harvesting from the wave. It offers a Wave Energy Converter technology that can generate power using wave movements. It can be installed in breakwater barriers in coastal areas. Other solutions include Multi-DOF Energy Recovery Technology which can generate energy from waves irrespective of their direction. Founded in 2011, headquartered in Seoul, South Korea. The…

📍 Seoul, South Korea · Renewable Energy Tech,

Funding snapshot

Last roundSeed
Amount$4M
Date17 May 2021
Total raised$3M
Team size19

About

INGINE is a technology solutions provider for energy harvesting from the wave. It offers a Wave Energy Converter technology that can generate power using wave movements. It can be installed in breakwater barriers in coastal areas. Other solutions include Multi-DOF Energy Recovery Technology which can generate energy from waves irrespective of their direction. Founded in 2011, headquartered in Seoul, South Korea. The company has raised $3M at the Seed stage backed by investors including Korean Development Bank, Coolidge Corner Investment, SK Innovation, The Wells Investment, MYSC. Operating in Energy Tech > Renewable Energy Tech, Environment Tech > Renewable Energy Tech.

Business model

Renewable Energy Tech > Marine Energy > Wave > Power Generation > Seafloor Mounted,

Energy Storage Tech > Energy Harvesting > Motion

Institutional investors

Korean Development Bank Coolidge Corner Investment SK Innovation The Wells Investment MYSC Enlight Ventures

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