Seatrec - About the company
Seatrec is a seed company based in Monrovia (United States), founded in 2012. It operates as an Energy harvesting from temperature differences in oceans. Seatrec has raised $3.32M in funding from Pasadena Angels and Breakout Labs. The company has 9 active competitors, including 3 funded and 2 that have exited. Its top competitors include companies like Wartsila, Global OTEC and Makai Ocean Engineering.
Company Details
Energy harvesting from temperature differences in oceans. The energy harvesting technology harvests energy from vertical temperature gradients in oceans. Using the technology, the company has engineered a Thermal RECharging battery that contains phase change materials that exhibit thermal expansion during phase change. High pressure resulting from the expansion is used to drive an electric generator and the resulting power is stored in batteries or supercapacitors.
- Website
- seatrec.com
- Email ID
- *****@seatrec.com
Key Metrics
Founded Year
2012
Location
Monrovia, United States
Stage
Seed
Total Funding
$3.32M in 5 rounds
Latest Funding Round
Investors
Ranked
3rd among 9 active competitors
Employee Count
13 as on Sep 30, 2026
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Seatrec's funding and investors
Seatrec has raised a total funding of $3.32M over 5 rounds. Its first funding round was on Aug 12, 2014. Its latest funding round was a Conventional Debt round on Jan 03, 2024 for $*****. 1 investor participated in its latest round. Seatrec has 11 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Seatrec:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 03, 2024 | 5899500 | Conventional Debt | 8750453 | 6479132 | 1024009 | 6594677 |
Oct 27, 2020 | 5563624 | Seed | 8228978 | 6897037 | 7277979 | |
Jan 23, 2020 | 9454229 | Seed | 4129645 | 5558809 |
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Seatrec's founders and board of directors
Founder? Claim ProfileSeatrec's employee count trend
Seatrec has 13 employees as of Sep 26. Here is Seatrec's employee count trend over the years:
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Seatrec's Competitors and alternates
Top competitors of Seatrec include Wartsila, Global OTEC and Makai Ocean Engineering. Here is the list of Top 10 competitors of Seatrec, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of technologies and lifecycle solutions for the marine and energy markets | - | 73/100 | ||
2nd |  Global OTEC 2017, London (United Kingdom), Seed | Developer of ocean thermal energy conversion technology for clean power | $319K | 54/100 | |
3rd | Seatrec 2012, Monrovia (United States), Seed | Energy harvesting from temperature differences in oceans | $3.32M | 52/100 | |
4th | Makai Ocean Engineering 1973, Waimanalo (United States), Funding Raised | Ocean engineering company | - | 36/100 | |
5th | Ocean Thermal Energy Corporation 1988, Lancaster (United States), Public | Developer of marine technologies based on OTEC and SWAC | - | 36/100 | |
6th | SeaPotential 2009, Magherafelt (United Kingdom), Seed | Multi-mode power capture point absorber WEC | - | 29/100 | |
7th | Ocean Grazer 2012, Groningen (Netherlands), Funding Raised | Inshore platform with multi-pump and piston, power takes to generate energy | - | 26/100 | |
8th | Arteq Power 2015, Diepenveen (Netherlands), Unfunded | Engine that uses temperature difference to generate energy | - | - | 24/100 |
9th | DeProfundis 2005, Saint Denis (France), Unfunded | Ocean thermal energy conversion | - | - | 24/100 |
10th | Bluerise 2009, Delft (Netherlands), Acqui-Hired | Ocean thermal energy management | - | 21/100 |
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Seatrec's Investments and acquisitions
Seatrec has made no investments or acquisitions yet.
Reports related to Seatrec
Here is the latest report on Seatrec's sector:
News related to Seatrec
Filter this listMedia has covered Seatrec for 1 event in last 1 year.
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Seatrec's Arctic Power Station Completes Field Tests at Great Lakes Research CenterWebwire•Jun 11, 2025•Seatrec
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Seatrec gets exclusive rights to make Argo ocean monitoring floats.
Webwire•May 08, 2025•Sea-Bird Scientific, Seatrec
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Seatrec Wins Power at Sea Prize for Bold Plan to Map World’s Marine Resources Using Ocean’s Own PowerWebwire•Dec 19, 2024•Seatrec
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Seatrec Wins Spot in Inaugural Gulf Blue Navigator Program to Bring Ocean Innovation to the Gulf of MexicoWebwire•Nov 08, 2022•Seatrec, Navigator
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