CorPower Ocean Overview
- Year Founded
-
2012
- Status
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Private
- Employees
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114
- Latest Deal Type
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Series B1
- Latest Deal Amount
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$61.9M
- Investors
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26
CorPower Ocean General Information
Description
Developer of utility-scale wave energy conversion systems intended to deliver renewable power and complement wind and solar in balanced energy portfolios. The company deploys modular clusters of lightweight buoys using heart-inspired pumping principles and remotely tunable storm protection to capture more electricity per tonne of equipment with minimal ecological impact and standardized grid-ready output, enabling utilities and energy providers to achieve reliable, clean power at lower system cost.
Contact Information
Website
www.corpowerocean.comCorporate Office
- Västberga Allé 60
- 126 30 Stockholm
- Sweden
Corporate Office
- Västberga Allé 60
- 126 30 Stockholm
- Sweden
CorPower Ocean Timeline
CorPower Ocean Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 32. Later Stage VC (Series B1) | 28-May-2026 | $61.9M | Completed | Generating Revenue | ||
| 31. Secondary Transaction - Private | 01-Apr-2026 | Completed | Generating Revenue | |||
| 30. Accelerator/Incubator | 17-Mar-2026 | Completed | Generating Revenue | |||
| 29. Grant | 23-Jul-2025 | Completed | Generating Revenue | |||
| 28. Grant | 17-Feb-2025 | Completed | Generating Revenue | |||
| 27. Later Stage VC | 16-Oct-2024 | Completed | Generating Revenue | |||
| 26. Accelerator/Incubator | 28-Mar-2024 | Completed | Generating Revenue | |||
| 25. Later Stage VC | 01-Mar-2024 | Completed | Generating Revenue | |||
| 24. Grant | 31-Oct-2023 | $89.9K | $33.5M | Completed | Startup | |
| 23. Later Stage VC | 30-Apr-2023 | $3.1M | $33.5M | Completed | Startup |
CorPower Ocean Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Ordinary |
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CorPower Ocean Comparisons
Industry
Financing
Details
CorPower Ocean Competitors (4)
One of CorPower Ocean’s 4 competitors is Marine Power Systems, a Venture Capital-Backed company based in Swansea, United Kingdom.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Marine Power Systems | Venture Capital-Backed | Swansea, United Kingdom | ||||
| Eco Wave Power Global | Formerly VC-backed | Stockholm, Sweden | ||||
| Oscilla Power | Venture Capital-Backed | Seattle, WA | ||||
| Seabased | Accelerator/Incubator Backed | Dublin, Ireland |
CorPower Ocean Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
CorPower Ocean Patents
CorPower Ocean Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| AU-2023207810-A1 | Pile arrangement for and method of vibration driving | Pending | 14-Jan-2022 | ||
| US-20260176838-A1 | Pile arrangement for and method of vibration driving | Pending | 14-Jan-2022 | ||
| WO-2023135282-A1 | Pile arrangement for and method of vibration driving | Inactive | 14-Jan-2022 | ||
| EP-4212672-A1 | Pile arrangement for vibration driving and method of vibration driving | Pending | 14-Jan-2022 | ||
| JP-2025502119-A | Pile device and method for vibration driving | Pending | 14-Jan-2022 | E02D7/18 |
CorPower Ocean Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
CorPower Ocean Investors (26)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Acario Innovation | Corporate Venture Capital | Minority | ||
| Algebris | Asset Manager | Minority | ||
| GTT Strategic Ventures | Corporate Venture Capital | Minority | ||
| Mastercard Lighthouse | Accelerator/Incubator | |||
| The Innovation Fund | Venture Capital | Minority |
CorPower Ocean FAQs
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When was CorPower Ocean founded?
CorPower Ocean was founded in 2012.
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Where is CorPower Ocean headquartered?
CorPower Ocean is headquartered in Stockholm, Sweden.
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What is the size of CorPower Ocean?
CorPower Ocean has 114 total employees.
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What industry is CorPower Ocean in?
CorPower Ocean’s primary industry is Alternative Energy Equipment.
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Is CorPower Ocean a private or public company?
CorPower Ocean is a Private company.
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What is CorPower Ocean’s current revenue?
The current revenue for CorPower Ocean is .
-
How much funding has CorPower Ocean raised over time?
CorPower Ocean has raised $138M.
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Who are CorPower Ocean’s investors?
Acario Innovation, Algebris, GTT Strategic Ventures, Mastercard Lighthouse, and The Innovation Fund are 5 of 26 investors who have invested in CorPower Ocean.
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Who are CorPower Ocean’s competitors?
Marine Power Systems, Eco Wave Power Global, Oscilla Power, and Seabased are competitors of CorPower Ocean.
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