CalWave Overview

  • Year Founded
  • 2014

Year Founded

  • Status
  • Private

  • Employees
  • 10

Employees

  • Latest Deal Type
  • Seed

  • Latest Deal Amount
  • $3M

  • Investors
  • 20

CalWave General Information

Description

Developer of cost-effective ocean wave technologies intended to provide ocean renewable energy systems. The company's proprietary wave energy converter technology achieves performance while surviving storms and extreme conditions by operating fully submerged at all times, wave energy converter technology generates energy from ocean waves, absorbs overpassing ocean waves to extract energy and convert it into electricity, and freshwater, enabling communities to access reliable ocean wave technologies for sustainable energy access.

Contact Information

Website
www.calwave.energy
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 2441 Peralta Street
  • Oakland, CA 94607
  • United States
+1 (510)
Primary Industry
Energy Production
Vertical(s)
CleanTech, LOHAS & Wellness, Climate Tech
Corporate Office
  • 2441 Peralta Street
  • Oakland, CA 94607
  • United States
+1 (510)

CalWave Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

Want detailed data on 3M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

CalWave Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
20. Seed Round 30-Sep-2023 $3M Completed Generating Revenue
19. Accelerator/Incubator 01-Jan-2023 Completed Generating Revenue
18. Accelerator/Incubator Completed Generating Revenue
17. Accelerator/Incubator Completed Generating Revenue
16. Grant 25-Jan-2022 Completed Generating Revenue
15. Accelerator/Incubator 08-Sep-2021 Completed Generating Revenue
14. Accelerator/Incubator 18-Aug-2021 Completed Generating Revenue
13. Seed Round Completed Generating Revenue
12. Grant $6.4M $965K Completed Generating Revenue
11. Accelerator/Incubator 16-Nov-2020 $965K Completed Generating Revenue
To view CalWave’s complete valuation and funding history, request access »

CalWave Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of cost-effective ocean wave technologies intended to provide ocean renewable energy systems. The company's pr
Energy Production
Oakland, CA
10 As of 2023

Swansea, United Kingdom
 

Stockholm, Sweden
 
Add Comparison

PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly.

Request a free trial

CalWave Competitors (6)

One of CalWave’s 6 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
CorPower Ocean Venture Capital-Backed Stockholm, Sweden
Seabased Angel-Backed Dublin, Ireland
Oscilla Power Venture Capital-Backed Seattle, WA
Ocean Power Technologies Corporation Pennington, NJ
To view CalWave’s complete competitors history, request access »

CalWave Patents

  • 2

    Total Documents Applications and Grants

  • Total Patents Families

  • 2

    Granted

  • Pending

  • Expiring in next 12 mo

CalWave Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-11459998-B2 Autonomous unmanned wave energy converter for multifunction sensor platform Active 05-Jul-2018
US-20210277863-A1 Autonomous unmanned wave energy converter for multifunction sensor platform Active 05-Jul-2018

CalWave Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

CalWave Investors (20)

Investor Name Investor Type Holding Investor Since Participating Rounds
DCARBON Family Office Minority
Neotribe Ventures Venture Capital Minority
Rocky Mountain Institute Limited Partner Minority
Sky Foundation Venture Capital Minority
Third Derivative Accelerator/Incubator
You’re viewing 5 of 20 investors. Get the full list »

Ready to get started?

Request a free trial

CalWave FAQs

  • When was CalWave founded?

    CalWave was founded in 2014.

  • Where is CalWave headquartered?

    CalWave is headquartered in Oakland, CA.

  • What is the size of CalWave?

    CalWave has 10 total employees.

  • What industry is CalWave in?

    CalWave’s primary industry is Energy Production.

  • Is CalWave a private or public company?

    CalWave is a Private company.

  • What is CalWave’s current revenue?

    The current revenue for CalWave is .

  • How much funding has CalWave raised over time?

    CalWave has raised $5.06M.

  • Who are CalWave’s investors?

    DCARBON, Neotribe Ventures, Rocky Mountain Institute, Sky Foundation, and Third Derivative are 5 of 20 investors who have invested in CalWave.

  • Who are CalWave’s competitors?

    Marine Power Systems, CorPower Ocean, Seabased, Oscilla Power, and Ocean Power Technologies are some of the 6 competitors of CalWave.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read blog »

  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process »