No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Thursday, June 11, 2026
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Startups

Dutch wave-energy tech startup Weco raises €600K

by TheAdviserMagazine
7 months ago
in Startups
Reading Time: 3 mins read
A A
Dutch wave-energy tech startup Weco raises €600K
Share on FacebookShare on TwitterShare on LInkedIn


Hague-based Weco secures €600K to continue its work on wave-energy systems and prepare for future development with support from partners.

The Hague-based Weco, a company working on wave-energy technology, has secured €600K in new funding. The round includes contributions from the Netherlands Enabling Water Technology fund (NEW-ttt), Init Power B.V., and investor Cyriel de Jong.

Sybo Zijlstra, Investment Manager NEW-ttt, says, “We are proud to support Weco in their mission to harness the power of the sea and turn it into sustainable energy. Their technology perfectly aligns with our vision to drive groundbreaking innovations that accelerate the energy transition – even on the open sea.”

Frank van Beek of Init Power BV adds, “Weco’s combines strong engineering fundamentals with a clear vision for impact. We see significant potential for this system in the offshore energy transition going forward.”

Turning waves into watts

Wave Energy Collective BV, or ‘Weco’ in short, was founded in 2023 by Luc Hogervorst and Cas van de Voort. The company works on power production from ocean waves and aims to support a global shift toward energy systems that do not rely on fuel or emit greenhouse gases. 

Its work centres on a wave energy converter that uses the motion of waves to generate electrical power for offshore platforms, remote communities, sensors, and autonomous equipment.

The company’s main system, the Kaizen Wave Energy Converter, draws power from the horizontal motion of waves. The design includes a frame, a screen that interacts with waves, floaters for buoyancy, and an anchoring system linked to a main shaft through a belt mechanism. When waves move the device, one belt pair unrolls and the other rolls up, producing torque on a generator. This process turns wave motion into a continuous electrical output. A control unit uses data from load cells, a rotation sensor, and an IMU to adjust system behaviour in response to incoming waves.

Development of the system began during a master thesis and advanced through simulations, numerical models, CFD work, small-scale tests, and full-scale prototypes. Trials took place in controlled environments and later in the ocean. Findings from these stages shaped the mechanical design, the belt setup, and the control strategy, and confirmed that the system can capture wave motion and convert it into usable power.

Wave energy comes from the natural movement of water caused by swell and wind transfer. Because waves occur throughout the year, wave energy systems can provide steady power without fuel use or emissions. This supports efforts to reduce reliance on fossil-based sources and encourages the use of local, ocean-driven energy.

Weco follows principles that limit disturbance to marine environments and seeks to expand the use of wave energy for broader energy security. The company invites people from various backgrounds to join its work and contribute to the ongoing development of wave-based power systems.

Capital utilisation

Weco is building a system that turns ocean movement into clean electrical power. With the new funding, Weco plans to progress its development program and carry out open-sea tests. These trials will support work on the next prototype stage and prepare for broader demonstrations.

Cas van de Voort, co-founder of Weco, says, “This investment marks a major step forward for Weco. It provides us with additional resources to secure the next steps in validating our technology under real sea conditions. We’re excited to continue our mission of turning waves into watts.”

What’s next?

Weco is preparing for a new round of testing in 2026 with support from local and international partners. The effort will examine system performance, confirm reliability, and move the technology toward commercial use.

The company states that its long-term aim is to place wave energy within the global energy transition by turning wave motion into electrical power.

Get access to the full article? Become our friend

Become our friend to join our community and get access to continue reading.

Why? We’re Silicon Canals, an independent, privately owned, media company bringing you technology and startups news from all over Europe. For free. Our news coverage will remain free but for subscribers only, while our premium content will be accessible for our paying members: who we like to call our BFFs!



Source link

Tags: 600KDutchRaisesStartuptechwaveenergyWeco
ShareTweetShare
Previous Post

Jubilant FoodWorks jumps 9% as Domino’s operator serves piping-hot Q2 performance with 190% PAT surge

Next Post

Your electric bill has replaced the price at the pump as the hot-button, political bellwether

Related Posts

edit post
5 Books To Help You Navigate Uncertainty in Business

5 Books To Help You Navigate Uncertainty in Business

by TheAdviserMagazine
June 10, 2026
0

There’s always a degree of uncertainty when building or growing a business. Markets move, customers change their preferences, and even...

edit post
MIT Media Lab and OpenAI tracked nearly 1,000 ChatGPT users for four weeks, but the early finding cut against the comfort the chatbot promised — heavier daily use was tied to more loneliness and emotional dependence

MIT Media Lab and OpenAI tracked nearly 1,000 ChatGPT users for four weeks, but the early finding cut against the comfort the chatbot promised — heavier daily use was tied to more loneliness and emotional dependence

by TheAdviserMagazine
June 10, 2026
0

Picture someone at the end of a long day. The apartment is quiet. They open ChatGPT, not to draft an...

edit post
F2 Raises M to Eliminate the Manual Bottleneck Slowing Private Credit Deal Teams – AlleyWatch

F2 Raises $14M to Eliminate the Manual Bottleneck Slowing Private Credit Deal Teams – AlleyWatch

by TheAdviserMagazine
June 10, 2026
0

Private markets investors manage a roughly $15T global asset class, yet the workflows powering most deal decisions still depend on...

edit post
Prototype to Production: What Entrepreneurs Need to Know Before Manufacturing

Prototype to Production: What Entrepreneurs Need to Know Before Manufacturing

by TheAdviserMagazine
June 9, 2026
0

Turning a prototype into a finished product is an exciting but challenging milestone. Manufacturing introduces new obstacles, from managing suppliers...

edit post
From Chaos To Control: How Fleet Visibility Improves Customer Experience For Local Businesses

From Chaos To Control: How Fleet Visibility Improves Customer Experience For Local Businesses

by TheAdviserMagazine
June 9, 2026
0

If you have a fleet that makes service calls or deliveries, you really need to know where they are and what they...

edit post
Gallup has found only about one in five workers worldwide feel engaged on the job, but the number that should worry economies is even bigger

Gallup has found only about one in five workers worldwide feel engaged on the job, but the number that should worry economies is even bigger

by TheAdviserMagazine
June 9, 2026
0

A quick note: I am not an economist, a psychologist, or an organizational scientist. This is me reading Gallup’s data...

Next Post
edit post
Your electric bill has replaced the price at the pump as the hot-button, political bellwether

Your electric bill has replaced the price at the pump as the hot-button, political bellwether

edit post
Should I Convert 15% of My 401(k) Each Year to a Roth to Avoid RMDs?

Should I Convert 15% of My 401(k) Each Year to a Roth to Avoid RMDs?

  • Trending
  • Comments
  • Latest
edit post
Supreme Court Delivers More Bad Redistricting News for Democrats

Supreme Court Delivers More Bad Redistricting News for Democrats

May 19, 2026
edit post
From Maine to Michigan, Democrats Are Making Communism Great Again

From Maine to Michigan, Democrats Are Making Communism Great Again

May 16, 2026
edit post
Florida Roads Become a Battleground for Illegal Immigration

Florida Roads Become a Battleground for Illegal Immigration

June 9, 2026
edit post
The 8 States That Still Tax Social Security in 2026

The 8 States That Still Tax Social Security in 2026

June 6, 2026
edit post
It’s Time To Talk About Massie

It’s Time To Talk About Massie

May 23, 2026
edit post
A Tax on Social Media – Blue-State Governments’ Newest Ploy

A Tax on Social Media – Blue-State Governments’ Newest Ploy

June 5, 2026
edit post
Nuvei in talks to buy Payoneer for .7b

Nuvei in talks to buy Payoneer for $2.7b

0
edit post
China’s Greatest Crime Is Competing Too Well

China’s Greatest Crime Is Competing Too Well

0
edit post
MEXC Launches Institutionally Priced Multi-Event Prediction Contracts

MEXC Launches Institutionally Priced Multi-Event Prediction Contracts

0
edit post
Is Estate Planning Going Digital?

Is Estate Planning Going Digital?

0
edit post
Big Changes I’m Making to My Portfolio This Year (That Will Make Me Richer)

Big Changes I’m Making to My Portfolio This Year (That Will Make Me Richer)

0
edit post
A Custodial Roth IRA Turns Your Kid’s First Job Into a Head Start

A Custodial Roth IRA Turns Your Kid’s First Job Into a Head Start

0
edit post
China’s Greatest Crime Is Competing Too Well

China’s Greatest Crime Is Competing Too Well

June 11, 2026
edit post
Three Wallets Withdraw 2M In Ethereum From FalconX And Kraken: Is Tom Lee Buying Again?

Three Wallets Withdraw $122M In Ethereum From FalconX And Kraken: Is Tom Lee Buying Again?

June 10, 2026
edit post
Pimco says ‘credit loss cycle’ has begun, favours quality bonds

Pimco says ‘credit loss cycle’ has begun, favours quality bonds

June 10, 2026
edit post
The space economy’s next frontier is in ground infrastructure, Northwood Space CEO says

The space economy’s next frontier is in ground infrastructure, Northwood Space CEO says

June 10, 2026
edit post
53% of Americans Fear AI Could Take Their Jobs, Poll Finds

53% of Americans Fear AI Could Take Their Jobs, Poll Finds

June 10, 2026
edit post
Is Bitcoin Cheap Yet? Grayscale Flags 2 Catalysts That Could Decide BTC’s Next Move

Is Bitcoin Cheap Yet? Grayscale Flags 2 Catalysts That Could Decide BTC’s Next Move

June 10, 2026
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • China’s Greatest Crime Is Competing Too Well
  • Three Wallets Withdraw $122M In Ethereum From FalconX And Kraken: Is Tom Lee Buying Again?
  • Pimco says ‘credit loss cycle’ has begun, favours quality bonds
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.