Crowd Funding

Crowdfunding (EIS Approved)
Raising £200k - Closed

We have successfully closed our £200k crowdfunding round!

If you are an existing shareholder with Crowdcube you still have the opportunity to invest, they will be emailing you shortly with details.

We will be holding a larger raise this autumn led my institutional investors.


Mission

CCell is on a mission to combat coastal erosion by working with nature to rapidly grow beautiful living reefs. Having secured initial clients in Meixco, Spain and Israel, and installed a 120m reef in Mexico, CCell is ready to scale operations and transform the coastal protection industry.

Our 2022 Investor Video
Highlights
  • Full scale 120m reef installed with clients in Mexico
  • R&D backed by £2m+ in non-equity funding with a new grant awarded in 2022
  • Patents granted in UK, EU, US, NZ, AUS & JPN; further patents pending in UK
  • MoU agreed for 1km reef project in Yucatan, Mexico.
  • Purchase Order from the Israeli Government
  • New Innovate UK funding on £253k project with Bath University.
Idea

Coral reefs are great natural barriers, reducing wave impact by 97% on average. They are a vital ecosystem that is under threat from climate change, 80% of reefs in the Caribbean have died and globally 99% will die by 2040 unless we act.

Globally c.200m people and $173bn of built capital rely on coral reefs for protection. Without reefs, coastal communities are vulnerable to flooding, loss of land and damage to buildings & infrastructure. Quintana Roo recently spent ~£7.7M/mile adding sand to beaches, with 6-8% washed away within 1 year.

CCell reefs provide long-term protection, boost marine ecosystems, and create dive sites. Our reefs use an electrified steel structure to grow rock. Our web-connected electronics optimise rock growth with a low carbon footprint. CCell reefs are cheaper than traditional coastal defences and grow faster than in nature.

We have been developing this technology since 2013 using £2m+ in government funding. Last year we secured our first clients and installed a full-scale 120m long reef in Yucatan, Mexico. This has led to strategic partnerships with AXIS IMA and Terre Armee, four further installations and a sales pipeline for 1km of new reef.

This funding will help us deliver on our project pipeline and scale the business through a combination of regional partnerships and global sales and marketing.

Team
Dr. Will Bateman, Founder & CEO

18+ yrs in marine engineering, with a PhD in extreme ocean waves from Imperial College. Extensive experience in modelling natural systems and project management with General Dynamics, RMS, and Lloyd’s Register.

Andrew Cant ACA, Non-Exec Financial Director

15+ yrs in the financial services industry as Senior Financial Manager, International Wealth Management Division, Credit Suisse (UK) Limited, delivering projects for the UK private banking sector . He now drives Product Solutions and Innovation for NexJ, a global Fintech. Qualified Chartered Accountant.

Howard Lewis, Non-Exec Operations Director

25 yrs in product, operational and general management, delivering global projects in electronics, mobile telecoms and software products. He's also established international consortia and built businesses that have achieved industry-leading results.

Advisory Board:

Alberto Charles

Heads our government relations in Mexico. Also a board member of Amigos de Sian Ka´an AC in Quintana Roo.

David Hodgson

Electrochemistry advisor with experience as CEO of PV3 Technologies.

Martin Lane

Experience as a solicitor in the UK, Bermuda and the Cayman Islands.

Alberto Xodo

Business development associate with experience in growing new markets.

Carl J Lukach

Experienced finance executive with a background in business strategy design, and funding.


FAQ
Who can invest?
Anyone.
How do I invest?
Register your interest on this page and we'll send you a link to the campaign.
How much are we asking for?
Our target is to raise around £200k during this round. With a follow on raise for £1M - £2M led by funds in the autumn / spring of 2023.
Is the funding EIS eligible?
Yes, we are EIS eligible.
This means zero CGT and 30% of your investment back within your next annual tax bill. Please check the the details of the EIS scheme. Read full terms and conditions.
Why do we need the money?
  • Sales and Marketing
    • Building a global brand and raising technology awareness.
    • Developing a robust sales pipeline.
  • Scaling
    • Tooling and equipment for manufacturing and installation.
    • Automation of processes.
    • Development of standards.
  • Partnerships and Subsidiaries
    • Expand global reach through licencing agreements.
    • Establishing new subsidiaries.
  • Working Capital
    • Providing cashflow to purchase materials and components and implement new client projects.
  • System Refinements
    • Enhance wave attenuation and optimise rock growth rates.
    • Increase reliability and efficiency of power electronics.
    • Develop scalable modular reef elements. Develop new anchors.
  • Reduce CO2 Footprint
    • Incorporate used steel.
    • Developing sustainable bio-based elements.
    • Integrate seagrass meadows around reef.
  • Living Reef
    • Build electrically enhanced coral hatcheries.
    • Add plug-and-play connectivity for external sensors.
Investor Portal

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