CorPower Ocean Overview
- Founded
-
2009

- Status
-
Private
- Employees
-
70

- Latest Deal Type
-
Later Stage VC
- Latest Deal Amount
-
$10.9M
- Investors
-
12
CorPower Ocean General Information
Description
Developer of a 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 natural frequency of oscillation, enabling energy producers to get a significant amount of energy harvested at low cost.
Contact Information
Website
www.corpowerocean.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Alternative Energy Equipment
Other Industries
Energy Production
Primary 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 |
---|---|---|---|---|---|---|
7. Later Stage VC | 03-Feb-2021 | $10.9M | 000.00 | Completed | Generating Revenue | |
6. Later Stage VC | 20-Dec-2018 | 00.000 | 00.000 | Completed | Generating Revenue | |
5. Grant | 31-Oct-2018 | 000.00 | 00000 | Completed | Generating Revenue | |
4. Grant | 19-Jul-2018 | 00000 | 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 |
CorPower Ocean Comparisons
Description
Primary
Industry
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Developer of a wave energy converter designed to offer clean and economical electricity from the ocean. The company's co
Alternative Energy Equipment
Stockholm, Sweden
70
As of 2022
000.00
0000000000 0
000.00
CorPower Ocean Competitors (4)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Marine Power Systems | Venture Capital-Backed | Swansea, United Kingdom | 00 | 000.00 | 000000000000 | 000.00 |
0000000 00000 | Venture Capital-Backed | Seattle, WA | 00 | 00.000 | 000000000000 | 00.000 |
00000000 | Angel-Backed | Dublin, Ireland | 00 | 000.00 | 000000000000 | 000.00 |
00-000000 | Venture Capital-Backed | Vantaa, Finland | 00 | 000.00 | 00000000000 | 000.00 |
CorPower Ocean Patents
CorPower Ocean Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
EP-3456956-A1 | Method of controlling a wave energy converter and such a wave energy converter | Withdrawn | 16-Sep-2017 | 000000000 | 0 |
US-20130236347-A1 | Energy transforming unit and energy transforming system comprising such a unit | Granted | 16-Jul-2010 | 00000000000 | 0 |
US-9441484-B2 | Energy transforming unit and energy transforming system comprising such a unit | Active | 16-Jul-2010 | 00000000000 | 0 |
CA-2803758-C | Energy transforming unit and energy transforming system comprising such a unit | Active | 16-Jul-2010 | 00000000000 | |
AU-2011277145-A1 | Energy transforming unit and energy transforming system comprising such a unit | Abandoned | 16-Jul-2010 | F03B13/1845 |
CorPower Ocean Executive Team (2)
Name | Title | Board Seat | Contact Info |
---|---|---|---|
Patrik Möller | Co-Founder, Chief Executive Officer & Board Member | ||
Stig Lundbäck Ph.D | Co-Founder & Board Member |
CorPower Ocean Board Members (10)
Name | Representing | Role | Since |
---|---|---|---|
Andreas Gunnarsson | Midroc Invest | Chairman | 000 0000 |
Annica Wachtmeister | Self | Board Member | 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 |
CorPower Ocean Signals
CorPower Ocean Investors (12)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|---|---|---|---|---|
Annica Wachtmeister | Angel (individual) | Minority | 000 0000 | 000000 0 | |
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 | |
Energimyndigheten | Government | 000 0000 | 000000 0 |