Amount Raised
$374,000
Round Type
Debt Financing
Monroe TownshipTransportationRenewable EnergyInvestors
Description
On November 2, 2026, Ocean Power Technologies, Inc. entered into a Securities Purchase Agreement with Vanquish Funding Group Inc. The agreement involves a 12% promissory note amounting to $373,750, with an immediate purchase price of $325,000. The company plans to use the funds for general working capital purposes.
Quick answer
Ocean Power Technologies raised $374,000 in a Debt Financing round, dated November 3, 2026. Investors: Vanquish Funding Group Inc. Ocean Power Technologies is based in Monroe Township, New Jersey, United States.
- How much did Ocean Power Technologies raise?
- Ocean Power Technologies raised $374,000 in a Debt Financing round on November 3, 2026.
- Who invested in Ocean Power Technologies?
- Vanquish Funding Group Inc. is named as investors in this round.
- What does Ocean Power Technologies do?
- OPT, a leader in innovative and cost-effective, low carbon marine data, power, and consulting services, provides intelligent maritime solutions and services that enable safer, cleaner, and more productive ocean..
- Where is Ocean Power Technologies based and how big is it?
- Ocean Power Technologies is based in Monroe Township, New Jersey, United States. Fundz records about 76 employees.
- Who are the decision-makers at Ocean Power Technologies?
- Fundz holds 1 contact at Ocean Power Technologies, including the Senior Director Business Development. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Transportation and Renewable Energy around the same time
Companies in the same sectors as Ocean Power Technologies that raised within 45 days of this round, from Fundz verified event records.
- Spiro raised $18M on September 21, 2026.
- BluWave-ai raised $5.7M (Series A) on November 12, 2026.
- Exus Renewables raised $345M (Debt Financing) on November 12, 2026.
- Torus raised $500M on November 11, 2026.
- Coreshell raised $30M (Series B) on November 11, 2026.
- Port raised $16M on November 10, 2026.
Who to call at Ocean Power Technologies, and when
A new round usually means Ocean Power Technologies is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Ocean Power Technologies raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Ocean Power Technologies, from your own LinkedIn network
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Fundz sees it the moment Ocean Power Technologies raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Ocean Power Technologies raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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