NeuWave Technologies

NeuWave Technologies

AI-powered wave forecasts for offshore energy operations.

HQ location
Manchester, United Kingdom
Launch date
Employees
Enterprise value
$3—4m
Company register number
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DateInvestorsAmountRound
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£550k

Seed
Total Funding000k
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NeuWave Technologies provides an AI-driven platform for predictive wave analytics, aimed at the offshore renewable energy industry. The company was incorporated on February 10, 2024, and is based in Manchester, UK. It was co-founded by CEO Jana Stella, Chris Wright, and Lucas Martin.

The company's foundation stems from Jana Stella's PhD research in environmental engineering at the University of Manchester, where she developed AI models to analyze wave impacts on offshore structures. This research led to an AI solution capable of making predictions 200 times faster with less computational power than previous methods. The founding team combines Stella's expertise in environmental engineering and AI wave models, Chris Wright's background in computational optimization and backend engineering, and Lucas Martin's experience as a full-stack web developer focused on user experience.

NeuWave's core product is an online platform that delivers high-resolution wave forecasts, which are up to 60 times higher resolution than currently available models. The service provides tools for visualizing historical data and forecasting future sea conditions to help clients manage risks, optimize operational planning, and improve safety for offshore projects like wind farm construction and cable-laying. The platform features include accurate wave height calculations, a 30-year hindcast dataset, high-resolution results (500m), tidal current analysis, and weather window estimations. The business operates on a SaaS model and is currently developing its minimum viable product, having already attracted interest from companies such as EDF, National Grid, and Catapult Offshore Renewable Energy.

The startup recently secured £550,000 in a pre-seed funding round led by EHE Ventures' AI Growth Fund, with participation from Insurtech Gateway and QVentures. This capital is intended to support product development, commercial expansion, and the hiring of technical staff.

Keywords: wave forecasting, offshore renewable energy, AI analytics, climate resilience, maritime data, operational planning, risk mitigation, environmental engineering, SaaS, ocean intelligence

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