Verlume

Verlume is an energy technology company and global leader in subsea batteries and intelligent energy management systems for offshore applications. Established in 2013, the company designs and manufactures a suite of seabed battery systems including Charge (small, modular 35/55kWh), Halo (large scale 100kWh to MWh), and Orah (very large scale, greater than MWh). At the core of Verlume’s technology is Axonn, the only system of its kind providing fully autonomous decision-making, power control of intermittent sources, health monitoring, and a communications gateway for subsea power delivery. The company serves the oil and gas, offshore monitoring, ocean science, and offshore wind sectors, helping stabilize power output and ensure reliable subsea power delivery. Verlume was named Global Underwater Hub Company of the Year and has a track record of world-first technology deployments. Headquartered in Inverurie, United Kingdom, the company has raised approximately $12.3 million in Series A funding. Investors include Par Equity, Orchard Ventures, Scottish Enterprise, The Scottish National Investment Bank, and Castle View.