Sitkana
Sitkana is transforming predictable ocean movements into usable electricity.
Sitkana is transforming predictable ocean movements into usable electricity.
Sitkana is a Juneau-based startup in the Manufacturing and Renewable Energy industries. Their mission revolves around leveraging oceanic tidal currents to generate cost-effective electricity for coastal communities. Established in 2021, Sitkana aims to harness predictable ocean movements and convert them into usable energy, as encapsulated in their slogan: "Sitkana is transforming predictable ocean movements into usable electricity."
The latest milestone for Sitkana was securing a $70.00K grant investment on 15 July 2023, with the backing of the US Department of Energy. This injection of funds demonstrates confidence in Sitkana's innovative approach and potential impact in the renewable energy sector.
As a promising player in the renewable energy space, Sitkana's focus on harnessing tidal currents presents an exciting opportunity for sustainable electricity generation. The scalability of their technology and its potential to address the energy needs of coastal communities position Sitkana as a compelling venture for investors seeking both financial returns and positive environmental impact.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Grant | $70.00K | 1 | US Department of Energy | 15 Jul 2023 |
| Pre Seed Round | $90.00K | 1 |
|
01 Mar 2023 |
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