French wave energy company Hace raises €850,000

French company Hydro Air Concept Energie (Hace), which is developing technology to generate electricity by harnessing the power of ocean waves, has just completed an €850,000 financing round. The funding came through the crowdfunding platform Happy Capital, as well as private investors.

French company Hydro Air Concept Energie (Hace), which is developing technology to generate electricity by harnessing the power of ocean waves, has just completed an €850,000 financing round. The funding came through the crowdfunding platform Happy Capital.

Thanks to the fundraising, the prototype will be ready in 2018, and the startup will begin marketing it the following year, according to Jean-Luc Stanek, founder and managing director of Hace.

Read more: La Tribune (French)

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