Storegga

An independent champion for the development of carbon reduction and carbon removal technologies.

Launch date

Jul 2020

Employees

Company register number 12250071

London England (HQ)

https://storegga.earth

https://twitter.com/storeggaearth https://www.linkedin.com/company/storegga-geotechnologies/

Revenues, earnings & profits over time

EUR	2020	2021	2022	2023
Revenues	3.5m	2.6m	<1m	<1m
% growth	-	(26 %)	(98 %)	3 %
EBITDA	(<1m)	(2.9m)	(29.4m)	-
% EBITDA margin	(22 %)	(113 %)	(61489 %)	-
Profit	(<1m)	(3.9m)	(30.7m)	-
% profit margin	(23 %)	(153 %)	(64419 %)	-
R&D budget	-	4.0m	6.8m	-
R&D % of revenue	-	157 %	14215 %	-

Date	Investors	Amount	Round
Mar 2021*	GIC Mitsui Global Investment Macquarie	N/A	Project, real estate, infrastructure finance
May 2022*	N/A	£51.3m	Growth Equity VC
Jan 2024*	GIC Macquarie Abu Dhabi National Oil Company	N/A	Early VC
Total Funding		AUD105m

Pale Blue Dot Energy

ACQUISITION by Storegga Jul 2020