Top 9 Tidal Energy startups

Updated: May 03, 2026
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These startups convert kinetic energy of incoming and outgoing tides into electrical energy.
1
Minesto
Country: Sweden | Funding: $80.8M
Minesto has developed a technology that generates electricity from predictable tidal currents which is similar to a kite flying in the wind. Its power plant consists of a wing mounted with a turbine, directly connected to a generator in the nacelle. A control system steers the boat along a predetermined trajectory by moving the rudders and ailerons at the rear of the kite. The wing uses the hydrodynamic lift generated by the underwater current to propel the kite. Thanks to the onboard control system, the kite autonomously steers along a predetermined figure-eight trajectory, moving the turbine through the water at a flow speed several times greater than the actual current. The turbine shaft rotates a generator, which supplies electricity to the grid via a power cable in the tether and a bottom cable to the shore. The concept has already been demonstrated and proven.
2
Ocean Renewable Power
Country: USA | Funding: $42.6M
Ocean Renewable Power develops ocean and tidal current energy generation projects.
3
Orbital Marine Power
Country: UK | Funding: $31.9M
Scotrenewables Tidal Power is a renewable energy research and development company focused on tidal power.
4
Verdant Power
Country: USA | Funding: $4.5M
Verdant Power systems generate clean energy from the currents of tides, rivers, and canals.
5
Oceana Energy
Country: USA
Oceana Energy powers communities with a carbon free, long lasting and low maintenance magnetic marine turbine.
6
Magallanes Renovables
Country: Spain
Magallanes Renovables is developing tidal energy floating platform, with double high output rotors with a combined power of 1,5MW.
7
Sitkana
Country: USA | Funding: $650K
Sitkana is building technology to generate electricity from oceanic tidal currents.
8
Windcity
Country: Italy
Windcity offers an alternative clean energy solution that could be installed on rooftops too. It’s a wind turbine with an unconventional design, that allows for a greater acceleration with low-speed winds, compared to conventional turbines.
9
Cyklone Tidal Energy
Country: Germany
The power generated by Cyklone Tidal Energy’s kinetic turbines placed in the sea could produce cheap energy
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Alexander Gillet
Editor: Alexander Gillet
Alexander Gillet is a senior editor for EnergyStartups. He has a deep background in energy sector and startups. Alexander graduated from Emlyon Business School, a leading French business school specialized in entrepreneurship. He has helped several non-profit organizations dedicated to promoting environmental education and sustainability and has written over 250 articles on energy technology for various websites. In his free time, Alexander enjoys yoga, camping and exploring the Blue Ridge Mountains. You can contact Alexander at alexgillet(at)energystartups(dot)com