What is Sabella?
Founded in 2008, SABELLA is at the vanguard of tidal energy development in France and Europe. The company has successfully developed and tested two tidal stream devices, including the first French grid-connected tidal turbine in 2015. With two pilot tidal arrays currently under development, SABELLA is poised to offer a sustainable and economic alternative to conventional power generation, particularly for remote grids and isolated communities. Their differentiated, robust, and reliable technology leverages a clean, predictable, and reliable energy resource.
How much funding has Sabella raised?
Sabella has raised a total of $8.5M across 1 funding round:
Private Equity
$8.5M
Private Equity (2016): $8.5M with participation from IWF group, Bpifrance Investissement, Farinia Group, Go Capital, and Emertec
Key Investors in Sabella
IWF group
IWF Group is a French industrial conglomerate with expertise spanning energy, gas treatment, and bulk product handling, established in 1978.
Bpifrance Investissement
Bpifrance Investissement, founded in 2012, is a French public investment bank that provides financing, guarantees, and equity to companies across all development stages, supporting innovation and international expansion.
Farinia Group
Farinia Group is a specialist in material transformation, offering advanced solutions in forging, iron casting, and metal additive manufacturing, serving diverse industries including power generation.
What's next for Sabella?
The recent major strategic investment signals a pivotal phase for Sabella, likely enabling the company to scale its operations, accelerate the development of its pilot tidal arrays, and further commercialize its innovative tidal stream technology. This capital infusion is expected to bolster its position in the burgeoning marine renewable energy sector, potentially leading to expanded grid connections and wider adoption for off-grid power solutions.
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