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03 AUG 2026 MONDAY
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Aberdeen-based ZOEX Power has secured £531,000 (around $715,000) in funding to support the development of its wave energy converter (WEC) technology. The round includes investment from angel syndicate Equity Gap, alongside backing from the University of Strathclyde and Scottish Enterprise. The investment unlocks an additional £196,000 from Innovate UK, allowing ZOEX to scale its WEC […]
Scottish Enterprise Equity Gap Ash Penley Power Scotland University of Strathclyde Aberdeen Harbour Ordu Municipality Malin Group Applied Renewables Research At Equity Gap Fraser Lusty Derek Shaw Director of Entrepreneurship Port of Aberdeen
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news Offshore Energy ·2025-05-29

UK’s first female-founded wave energy firm raises $700K to advance its tech

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