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REPS

Energy · Marktgemeinde Wattens, Austria · Founded 2023

Road-integrated system that captures vehicle motion to generate clean electricity MoreLess

REPS (Renewable Energy Power Systems) is a renewable-energy company that develops hydro-turbine-based solutions for harvesting kinetic energy from oceans, tides, currents, and underwater flows. Its core proposition is to deliver clean, predictable power 24/7 by converting marine currents into electricity, positioning this as a more consistent alternative to intermittent sources like wind and solar.

The company’s technology is engineered around gear-less, direct-drive hydro turbines. Each unit is designed to be submerged and fixed to the seabed, minimizing visual and physical intrusion while still enabling the capture of underwater kinetic energy. Its turbine modules feature modular, removable “cassettes” containing blades, electrical systems, and hydraulic components—facilitating maintenance without full device removal. REPS emphasizes robustness, simplicity, and high efficiency as the foundation of its design philosophy.

On the market side, REPS offers its solutions under both direct‐sale and power-purchase agreement (PPA) models. For the latter, it may install devices with minimal upfront cost, in exchange for payments based on electricity output. The company claims to maintain a debt-free structure and markets itself as a partner suited to governments, utilities, and coastal regions seeking reliable base load renewables.

REPS frames its technology as particularly valuable in coastal nations or island geographies, where ocean current resources are underexploited. It argues that underwater hydro power is more predictable and continuous than wind or solar, enabling better planning, grid integration, and overall reliability. Their targets include scaling installations, securing partnerships with energy authorities, and promoting marine hydro as a mainstream component of the global renewable mix.

Keywords: REPS, Renewable Energy Power Systems, marine hydro turbines, ocean current energy, underwater power, direct-drive turbine, Power Purchase Agreement, base load renewables, clean energy infrastructure, ocean energy solutions

Company overview

REPS company information

The essential company record, classifications and operating signals in one place.

Status
Operational
Founded
2023
Headquarters
Marktgemeinde Wattens, Austria
Employees
15
Open positions
3
Dealroom signal
91.1
client focusb2btechnologyHardwaretechnologyDeep Techsub industryClean Energybusiness modelManufacturingsectorSustainable Development GoalssectorEnergy TechsectorClimate TechsectorRenewable EnergysectorDT and LSsectorscience-basedindustryEnergy

Valuation & funding

REPS funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES AEquity / VC May 2026 $24M $94M Greenstart · EWOR · ClimAccelerator
SEEDEquity / VC Sep 2025 $1.4M $5.7M EWOR
SUPPORT PROGRAMOther financing May 2025 $0 EIT Climate KIC
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Financials

Workforce over time

Available workforce history. Financial fields without reported data are omitted.

YearEmployees
2026 19
2025 11
2024 4
Company filings, research estimates and Dealroom dataOpen the full financial model →

Growth signals

REPS website traffic

Latest recorded traffic for REPS is 2.1K monthly website visits, down 44.7% over the last three months. REPS's team grew 36.4% over the past year.

Latest monthly visits2.1K 3-month web change-44.7% 1-year team growth+36.4%
Monthly website visits10 observations · Apr 2025–Jul 2026
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Comparisons

REPS compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

Showing 8 of the closest matchesCompare every metric →

Talent graph

REPS's talent

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Team profiled 5 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

5 investors on REPS's cap table

Sourced from Dealroom's funding and investor records.

Seed 1 investor entered at this stage
EWOR
Series A 2 investors entered at this stage
Greenstart
ClimAccelerator
Other known 2 additional known investors
EIT Climate KIC
Lukas Leitner

Global footprint

Where REPS has talent and traffic

Workforce by country
4 countries with
team presence
🇦🇹 Austria64.7%
🇩🇪 Germany11.8%
🇵🇱 Poland5.9%
🇮🇹 Italy5.9%
4 countries shown

In the news

Latest news about REPS

Recent press, funding announcements, and product moves mentioning REPS — open to read from the original sources.

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Market sentiment

What the market is saying about REPS

An AI-synthesized read of the highest-engagement posts about REPS on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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