Rick Officer

CEO

12 past transactions

W1Da Experience

Grant in 2019
The w1Da team has come together through our collective love of sailing with the ultimate goal in mind - to improve the experience whilst making the sport of sailing more accessible - both through our 'fuel for life' concept and the boats ability to access all areas.. Sail everywhere! Their team consists of- an award winning design team - from Olympic medallist to Superyachts to Dinghies In depth Engineering from ex Rolls Royce Project Manager Expert successful sailors including Commodores cup helmsman, championship winning pedigree.

Marine Materials

Grant in 2019
Marine Materials Ireland is an engineering company that develops floating substructures for the renewable energy sector. The company aims is to promote rapid growth in the floating offshore wind sector through cutting-edge innovation, with a primary focus on reducing the cost associated with the floating substructures. It was founded in 2017 and is headquartered in Ireland.
Bio-marine Ingredients Ireland (BII) is a marine bio-tech company located in County Monaghan, just one hour from Dublin Airport. BII is a joint venture between Irish fishing vessel owners and Norwegian partners who are experts in marine ingredients. BII produces the highest quality marine ingredients, utilising the vast quantities of blue whiting which are located proximate to the Irish coast. The main shareholders in BII are fishermen who are the key holders of these quotas which constitute the bulk of the raw materials being supplied to the BII facility.
Gavin and Doherty Geosolutions Ltd. (GDG), founded in 2011 by Paul Doherty and Kenneth Gavin, is a specialist geotechnical engineering consultancy, providing innovative geotechnical solutions across a broad range of civil engineering sectors. With a strong background in geomechanics and applied geotechnical research, GDG brings together state of the art research and direct industry experience, and is in a position to offer a unique engineering service, delivering the most progressive, reliable, and efficient geotechnical designs across a wide variety of situations. GDG is actively involved in a range of international infrastructure projects including harbours/marinas, offshore oil/gas installations, onshore and offshore windfarms, commercial structures and basements. Their clients include large civil and building contractors, project developers and engineering consulting firms. They also offer forensic engineering and expert witness services to the Insurance and Legal sectors. Their principal areas of expertise are Infrastructure, Renewables, Structures, Offshore and Research & Development.

Subsea Micropiles

Grant in 2019
Subsea Micropiles is a foundations company specializing in subsea micropile technology. The firm focuses on developing innovative solutions for geotechnical challenges in demanding environments, drawing inspiration from natural biological systems, such as tree root structures. Their offerings include micropile foundations and anchors tailored for the renewable energy and offshore oil and gas sectors, as well as for high-value assets like vessel anchorages. By employing micropile technology, Subsea Micropiles provides foundation and anchor systems capable of withstanding substantial loads. Their approach allows for careful site selection, minimizing environmental impact while facilitating access to congested areas. Ultimately, the company prioritizes meeting client objectives by delivering effective and environmentally considerate solutions for various projects.

Resolute Marine

Grant in 2019
Resolute Marine Energy is a Boston-based startup focused on harnessing ocean wave energy for power generation and seawater desalination. The company develops technology that converts wave energy into electricity and facilitates the transport of seawater to on-shore desalination facilities, addressing water scarcity in off-grid areas. Its wave-driven power services are applicable in various commercial sectors, including open-ocean aquaculture and ocean observation systems. By providing innovative solutions, Resolute Marine Energy aids water resource managers in balancing supply and demand in water-stressed regions, thereby promoting sustainable development and contributing to the reduction of carbon emissions. The company has received support through grants from the Department of Energy and was recognized as the winner of the 2010 Global Entrepreneurship Week's Startup Open competition.

Ocean Energy

Grant in 2019
Ocean Energy, which is the trading name of New Wave Technologies Limited, is a specialised commercial company developing wave energy technology. The company is developing technology which has been extensively tested and is now at a stage where it is now one of the most commercially viable technologies for harnessing the power of the oceans. The device, through careful development, has the advantages of a robust and practical design, one moving part and proven survivability having withstood over 3 years of live sea trials in Atlantic waves. To date no other Wave Energy systems can claim success in these areas to a similar or greater extent.

XOCEAN

Grant in 2019
XOCEAN Limited specializes in providing comprehensive ocean data solutions through uncrewed surface vessels (USVs). Founded in 2017 and based in Greenore, Ireland, the company offers a Data Collection-as-a-Service model aimed at surveyors, agencies, universities, and research institutions. XOCEAN's USVs enable unmanned operations over the horizon, utilizing satellite communications for effective data collection. The company also features the XOCEAN CyberDeck, a secure cloud-based platform that allows for real-time monitoring and control of USVs, while ensuring data quality through adjustable parameters. XOCEAN's services encompass a variety of applications, including seabed mapping, fisheries, bathymetry, met ocean data, and environmental monitoring, catering to clients in offshore industries, government bodies, and the renewables sector. The integration of standard survey systems and onboard computing capabilities further enhances the efficiency and effectiveness of their data acquisition processes.

SolarMarine Energy

Grant in 2019
SolarMarine Energy Ltd specializes in providing floating solar energy solutions designed to support photovoltaic (PV) panels on both inshore and offshore water bodies. The company focuses on the design and construction of innovative and durable floating solar systems that generate clean, renewable energy. Their floating power plants can facilitate energy supply through private wire connections for local industries or be integrated into the broader electrical grid. Additionally, SolarMarine Energy offers site-specific installations for various applications, including water treatment facilities, lakes, pumped storage facilities, and nearshore fish farms, thereby enhancing the versatility and accessibility of solar energy generation.

Technology From Ideas

Grant in 2019
Technology From Ideas (TFI) is an Irish seed investment and commercialisation company that specialises in conducting proof of concept development on early stage, technology based ideas submitted by academic researchers. The intellectual property (IP) is evaluated, protected and developed further in our own laboratories before being licensed to end customers either directly or through our industry partners who specialise in product development.

Exceedence

Grant in 2019
Exceedence aims to catalyse commercialisation and investment in the renewable industry by providing sector specific, independent credible and robust financial planning, evaluation and optimisation software which was built and tested around international standards.

IDS Monitoring

Grant in 2019
IDS design, manufacture and support state-of-the-art data acquisition systems and integrate these with high performance instrumentation to provide reliable cost-effective monitoring solutions. They supply single components or complete end-to-end solutions that include versatile on-line data management and visualization.
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