Fundraising Fox

Verdant Power

Roosevelt Island, US

Verdant Power develops and validates tidal-stream energy systems, providing marine energy technology and advisory services to clients and government agencies in the renewable energy sector. Its projects include the Roosevelt Island Tidal Energy (RITE) Project in the United States and the Morlais Development Zone in Wales, UK.

Founders & leadership

WT
William TaylorCo-founder
RF
Ronald Francis SmithCo-founder
JS
John StirlingExecutive
GS
Glenn SmithExecutive

Board

FE
Frank E. Williams, Jr.Board director
DS
David SharplessBoard director
JJ
Joseph J. KleinBoard director

Reported raises · per SEC filings

Form D private placements

$530K disclosed across 1 of 2 rounds · 2012–2014

$10MofferedApr 2014 · Other Energy
Rule 506(b)
Officers, directors & promoters on the filing
  • Ronald Francis SmithExecutive Officer, Director
  • Joseph J. KleinDirector
  • David John SharplessExecutive Officer, Director
  • William Henry TaylorExecutive Officer, Director
  • Frank E. Williams, Jr.Director
  • John Tewksbury BaniganExecutive Officer
Offering amount
$10M
Minimum investment
$5K
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$530KraisedMar 2012 · 10 investors · Other Energy
Rule 506(b)
Officers, directors & promoters on the filing
  • Frank E. Williams, Jr.Director
  • John StirlingExecutive Officer
  • William TaylorExecutive Officer, Director
  • Glenn SmithExecutive Officer
  • Ronald Francis SmithExecutive Officer, Director
  • David SharplessDirector
  • Joseph J. KleinDirector
Offering amount
$530K
Amount sold
$530K
Minimum investment
$5K
First sale
Feb 2012
Incorporated
Corporation, Delaware
Federal exemptions
06
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Frequently asked questions

What does Verdant Power do?
Verdant Power develops and validates tidal-stream energy systems, providing marine energy technology and advisory services to clients and government agencies in the renewable energy sector. Its projects include the Roosevelt Island Tidal Energy (RITE) Project in the United States and the Morlais Development Zone in Wales, UK.
Who founded Verdant Power?
Verdant Power was founded by William Taylor, Ronald Francis Smith.
How much funding has Verdant Power raised?
Verdant Power has disclosed $530K raised across 1 of its 2 known rounds.
Where is Verdant Power headquartered?
Verdant Power is headquartered in Roosevelt Island, US.