Three new investment funds – HPC Capital, PACA and CPG – as well as existing shareholders the Demetre 3 Amorcage Fund, the Emergence Innovation 1 Fund and the IO Group – have stumped up €3.8m.
A further €7.3m was awarded by France's Environment and Energy Management Agency, while BNP Paribas and Caisse d'Epargne banks have provided an additional €1.2m loan.
Ideol's floating foundation, based on its semi-submersible "damping pool" concept, is designed for use in waters of 35 metres (114.8