CorPower Ocean Overview

  • Founded

  • 2009

Founded
  • Status

  • Private

  • Employees

  • 70

Employees
  • 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

2019202020212022
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
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
To view CorPower Ocean’s complete valuation and funding history, request access »

CorPower Ocean Comparisons

Description
Primary
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

000000

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00000000000 000000 000000000
Swansea, United Kingdom
00 As of 0000
000.00
00.00 0000-00-00
000000000000 000.00

000000

henderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cup
00000000000 000000 000000000
Seattle, WA
00 As of 0000
00.000
00.00 0000-00-00
000000000000 00.000
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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
To view CorPower Ocean’s complete competitors history, request access »

CorPower Ocean Patents

  • 19

    Total Documents Applications and Grants

  • 000

    Total Patents Families

  • 1

    Granted

  • 000

    Pending

  • 000

    Expiring in next 12 mo

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
To view CorPower Ocean’s complete patent history, request access »

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
To view CorPower Ocean’s complete executive team members history, request access »

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
You’re viewing 5 of 10 board members. Get the full list »

CorPower Ocean Signals

Growth Rate

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

Size Multiple

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

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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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
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