CorPower Ocean Overview

  • Founded
  • 2009
  • Status
  • Private
  • Employees
  • 24
  • Latest Deal Type
  • Later Stage VC
  • Latest Deal Amount
  • $10.2M
Latest Deal Amount
  • Investors
  • 11

CorPower Ocean General Information


Developer of a high-efficiency wave energy converter designed to offer clean and economical electricity from the ocean. The company's converter has a heaving buoy on the surface absorbing energy from the combined surge and heave motion of the waves and is connected to the seabed using a taut mooring line with a high natural frequency of oscillation, enabling energy producers to get a large amount of energy harvested at low cost.

Contact Information

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Alternative Energy Equipment
Other Industries
Energy Production
Primary Office
  • Brinellvägen 23
  • 114 28 Stockholm
  • Sweden

CorPower Ocean Timeline

Financing RoundCaptured Employee CountEstimated Employee Growth
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CorPower Ocean Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
10. Later Stage VC 27-Jul-2020 $10.2M 000.00 Completed Generating Revenue
9. Later Stage VC 20-Dec-2018 00.000 00.000 Completed Generating Revenue
8. Grant 31-Oct-2018 00.00 00000 Completed Generating Revenue
7. Grant 19-Jul-2018 00000 00000 Completed Generating Revenue
6. Grant 02-Jul-2018 00.00 00000 Completed Generating Revenue
5. Grant 07-Nov-2016 00.00 00000 Completed Generating Revenue
4. Grant 16-Jun-2015 00.000 00000 Completed Generating Revenue
3. Accelerator/Incubator 10-Feb-2015 00000 Completed Generating Revenue
2. Accelerator/Incubator 17-Dec-2014 $124K $974K Completed Generating Revenue
1. Accelerator/Incubator 19-Apr-2013 $850K $850K Completed Generating Revenue
To view CorPower Ocean’s complete valuation and funding history, request access »

CorPower Ocean Executive Team (3)

Name Title Board Seat Contact Info
Patrik Möller Chief Executive Officer
Jennifer Ersfjord Chief Financial Officer
Stig Lundbäck Ph.D Founder & Board Member
To view CorPower Ocean’s complete executive team members history, request access »

CorPower Ocean Board Members (8)

Name Representing Role Since
Andreas Gunnarsson Midroc Invest Chairman 000 0000
Christina Lundbäck Self Board Member 000 0000
Claes Eriksson Self Board Member 000 0000
Ingvar Eriksson Ph.D EIT InnoEnergy Board Member 000 0000
Markus Hökfelt Almi Invest Board Member 000 0000
You’re viewing 5 of 8 board members. Get the full list »

CorPower Ocean Signals

Growth Rate

0.80% Weekly
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers


Similarweb Unique Visitors


Majestic Referring Domains


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CorPower Ocean Investors (11)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Almi Invest Venture Capital Minority 000 0000 000000 0
Claes Eriksson Angel (individual) Minority 000 0000 000000 0
Midroc Invest Venture Capital Minority 000 0000 000000 0
Horizon 2020 Government 000 0000 000000 0
Scottish Enterprise Venture Capital Minority 000 0000 000000 0
You’re viewing 5 of 11 investors. Get the full list »