CorPower Ocean Overview
- Year Founded
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2012
- Status
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Private
- Employees
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93
- Latest Deal Type
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Later Stage VC
- (In Progress)
- Latest Deal Amount
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$15.6M
- Investors
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24
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, and ocean energy brings stability to the clean energy mix, enabling reliable and cost-effective harvesting of electricity from ocean waves.
Contact Information
Website
www.corpowerocean.comCorporate Office
- Västberga Allé 60
- Hagersten
- 126 30 Stockholm
- Sweden
Corporate Office
- Västberga Allé 60
- Hagersten
- 126 30 Stockholm
- Sweden
CorPower Ocean Timeline
CorPower Ocean Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 27. Later Stage VC | 17-Feb-2025 | $15.6M | In Progress | Generating Revenue | ||
| 26. Grant | 17-Feb-2025 | Completed | Generating Revenue | |||
| 25. Later Stage VC | 16-Oct-2024 | Completed | Generating Revenue | |||
| 24. Accelerator/Incubator | 28-Mar-2024 | Completed | Generating Revenue | |||
| 23. Later Stage VC | 01-Mar-2024 | Completed | Generating Revenue | |||
| 22. Grant | 31-Oct-2023 | Completed | Startup | |||
| 21. Later Stage VC | 30-Apr-2023 | Completed | Startup | |||
| 20. Grant | 05-Jan-2023 | Completed | Startup | |||
| 19. Grant | 30-Sep-2023 | $209K | $30.4M | Completed | Startup | |
| 18. Grant | 30-Jun-2023 | $7.31M | $30.4M | Completed | Startup |
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CorPower Ocean Comparisons
Industry
Financing
Details
CorPower Ocean Competitors (5)
One of CorPower Ocean’s 5 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 | ||||
| Oscilla Power | Venture Capital-Backed | Seattle, WA | ||||
| Seabased | Angel-Backed | Dublin, Ireland | ||||
| Eco Wave Power | Formerly VC-backed | Stockholm, Sweden | ||||
| AW-Energy | Venture Capital-Backed | Vantaa, Finland |
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 |
|---|---|---|---|---|---|
| EP-4212672-A1 | Pile arrangement for vibration driving and method of vibration driving | Pending | 14-Jan-2022 | ||
| AU-2023207810-A1 | Pile arrangement for and method of vibration driving | Pending | 14-Jan-2022 | ||
| JP-2025502119-A | Pile device and method for vibration driving | Pending | 14-Jan-2022 | ||
| EP-3456956-A1 | Method of controlling a wave energy converter and such a wave energy converter | Inactive | 16-Sep-2017 | ||
| ES-2804514-T3 | Energy transformer unit and energy transformation system comprising said unit | Active | 16-Jul-2010 |
CorPower Ocean Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
CorPower Ocean Investors (24)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| European Innovation Council Fund | Venture Capital | Minority | ||
| Cisco Investments | Corporate Venture Capital | Minority | ||
| Iberis Capital | PE/Buyout | Minority | ||
| NordicNinja VC | Venture Capital | Minority | ||
| Santander UK | Lender/Debt Provider | 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 93 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 .
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How much funding has CorPower Ocean raised over time?
CorPower Ocean has raised $88.6M.
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Who are CorPower Ocean’s investors?
European Innovation Council Fund, Cisco Investments, Iberis Capital, NordicNinja VC, and Santander UK are 5 of 24 investors who have invested in CorPower Ocean.
-
Who are CorPower Ocean’s competitors?
Marine Power Systems, Oscilla Power, Seabased, Eco Wave Power, and AW-Energy are competitors of CorPower Ocean.
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