Ocergy Successfully Concludes its Series A Equity Fundraising Round with Investments from Moreld Ocean Wind and Chevron Technology Ventures

Funding Rounds

Summary

CARSON CITY, Nev., April 13, 2021 /PRNewswire/ -- Ocergy, Inc, announced it has secured investments from Moreld Ocean Wind (MOW) and Chevron Technology Ventures (CTV). Ocergys 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. We are excited to have gained Chevrons investment and look forward to potential opportunities for their guidance and expertise executing some of the most complex offshore projects in the world," said Roddier. In addition to funding, Moreld today announces the formation of MOW, a company focused on delivery of engineering, procurement, construction, and installation (EPCI) contracts in the Floating Offshore Wind Industry. CTV leverages innovative companies and technologies to strengthen Chevrons core operations and identifies new opportunities to shape the future of energy.

$ Funding

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Amount - Total raised
Date April 13, 2021 Announcement date
Investors Chevron Lead investors
Company http://ocergy.com/ Funded company

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