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Chevron, Moreld Invest In Floating Wind Tech Firm

Chevron, Moreld Invest in Floating Wind Tech Firm Ocergy Credit: Ocergy Oil major Chevron has, via its Chevron Technology Ventures (CTV), entered the offshore wind arena through investment in Ocergy, a company developing floating offshore wind turbine foundation technology and environmental monitoring buoy. Ocergy, Inc, a company with offices in Oakland, California, and in Aix-en-Provence, France, said Tuesday it had secured investments from Chevron Technology Ventures (CTV) and the newly created floating wind company Moreld Ocean Wind (MOW). The Series A round will fund Ocergy s growth and the commercialization of its sustainable offshore solutions, the OCG-Wind Floating Offshore Wind Turbine (FOWT) technology and OCG-Data environmental monitoring buoy, Ocergy said without sharing details on the amount raised.

Seeq Announces $50M Series C Funding Round Led By Insight Partners

Seeq Announces $50M Series C Funding Round Led By Insight Partners Insight Partners joins Altira Group, Chevron Technology Ventures, Cisco Investments, Saudi Aramco Energy Ventures, and Second Avenue Partners to fund Seeq product and market expansion. Seeq Corporation, a leader in manufacturing and Industrial Internet of Things (IIoT) advanced analytics software, announced today it has closed a $50M Series C funding round, led by global venture capital and private equity firm Insight Partners. The round includes participation from existing investors Altira Group, Chevron Technology Ventures, Cisco Investments, Saudi Aramco Energy Ventures, and Second Avenue Partners. This round brings Seeq’s total funding since inception to approximately $115M.

Ocergy concludes its Series A equity fundraising round with investments from Moreld Ocean Wind and Chevron Technology Ventures

energy-pedia alternative energy Ocergy concludes its Series A equity fundraising round with investments from Moreld Ocean Wind and Chevron Technology Ventures 14 Apr 2021 Moreld Ocean Wind (MOW) and Chevron Technology Ventures (CTV). The Series A round will fund Ocergy s growth and the commercialization of its sustainable offshore solutions, the OCG-Wind Floating Offshore Wind Turbine (FOWT) technology and OCG-Data environmental monitoring buoy. Successful close of this round validates the industry s potential to grow offshore renewable energy. Ocergy s low-cost floating offshore wind turbine foundation has the potential to meet local supply chain and industrialization requirements with clear value, and the OCG-Data buoy technology enables integrated environmental data-gathering and support for biodiversity.

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