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Sitkana

Sitkana

Private
Juneau, AlaskaEnergy & Sustainabilityhttps://www.sitkana.com/

Last Round

Grant

Oct 1, 2025

Total Funding Raised

$520,000

Company Overview

Sitkana is an alternative energy equipment company that develops underwater hydro generators intended to convert tidal currents into electricity.

Sector

Energy & Sustainability

Verticals

Renewable Energy

Business Model

B2B

Customer Profile

Hardware Sales, Services & Consulting

AI Layer

Non-AI

Keywords

tidal energytidal turbinehydrokinetic energyTESrenewable energytidal energy systemoff-grid powermarine energydiesel generator replacementremote powerocean powerbiomimetic turbinemicrogridblue energymarine resource assessment

Historical Pricing

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Caplight Momentum Score

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Sitkana Comps

Public and private peers based on sector, stage, and business model.

Sitkana comps — public and private peers by sector, stage, and business model
CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Sitkana Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
GrantOct 1, 2025
GrantFeb 11, 2025
GrantSep 1, 2024
GrantJul 1, 2024
Pre SeedMay 3, 2023
Pre Seed
Feb 1, 2023

Key People

Founding team and executive leadership

Lance McMullan

Founder CEO

Founding Team

Sitkana Investors

Notable investors and investment history

Sitkana investors
InvestorRounds
gener8torAccelerator
49th State Angel FundPre Seed
Spruce RootGrant
gBETAAccelerator, Pre Seed
Department of EnergyGrant
National Science FoundationGrant

Market signals

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  • Jul 1, 2024

    Received grant funding from the Department of Energy.

  • May 3, 2023

    $90K round led by Jeremy Hanks

Sitkana Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Sitkana Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersJuneau, Alaska
Employee Range2
Year Founded2021
Last FundingOct 1, 2025

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