Marine Power Systems
Agent55Agent Readiness: 55/100. Top 25%. Measured by StartupHub.ai. Median 41.Developer of floating offshore wind and wave energy technology for deep-water deployment.
About
Marine Power Systems (MPS) is a UK-based company that develops innovative floating platform technology for industrial-scale floating offshore wind and wave energy generation. Their PelaFlex platform is designed for deep-water sites where fixed foundations are not viable, aiming to reduce costs and complexity while maximizing energy yields. MPS also develops wave energy converters like PelaGen.
Key facts
At-a-glance profile data
- Website
- marinepowersystems.co.uk
- Headquarters
- Swansea, United Kingdom
- Founded
- 2008
- Total funding
- $4M (Equity)
- Business model
- B2B
Funding rounds
| Date | Round | Amount | Post-money | Lead investors |
|---|---|---|---|---|
| 3 Nov 2024 | Equity | $4M | $105M | - |
Tech stack
Detected on marinepowersystems.co.uk, last scanned 10 Jun 2026. Run your own scan
- Hosting
- Google Cloud
- Email provider
- Microsoft 365
Frequently asked
How much funding has Marine Power Systems raised?
Marine Power Systems has raised a total of $4M in funding. The most recent round on record is Equity.
What is Marine Power Systems's current status?
Marine Power Systems's current operating status is: Inactive.