C-Power (Alternative Energy Equipment) Overview
- Year Founded
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2005

- Status
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Private
- Employees
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27

- Latest Deal Type
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Later Stage VC
- Latest Deal Amount
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$750K
- Investors
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5
C-Power (Alternative Energy Equipment) General Information
Description
Developer of autonomous offshore power systems designed to offer a proprietary resource that efficiently converts energy from ocean waves. The company's utility-grade wave energy converter is designed to survive hard ocean conditions and produce renewable electricity using oceanic waves, enabling companies to operate offshore in a wide range of sea conditions without shutting down in heavy seas or storms.
Contact Information
Website
www.cpower.coCorporate Office
- 200 Garrett Street
- Suite J
- Charlottesville, VA 22902
- United States
Corporate Office
- 200 Garrett Street
- Suite J
- Charlottesville, VA 22902
- United States
C-Power (Alternative Energy Equipment) Timeline
C-Power (Alternative Energy Equipment) Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
8. Later Stage VC | 20-Jun-2023 | $750K | Completed | Generating Revenue | ||
7. Later Stage VC (Series B2) | 15-Apr-2022 | Completed | Generating Revenue | |||
6. Grant | 01-Jan-2020 | Completed | Generating Revenue | |||
5. Later Stage VC (Series B) | 01-Sep-2017 | Completed | Generating Revenue | |||
4. Grant | 01-Jan-2017 | Completed | Startup | |||
3. Grant | 01-Jan-2013 | Completed | Startup | |||
2. Later Stage VC (Series A) | 27-Jan-2011 | $2M | $2M | Completed | Startup | |
1. Grant | 01-Jan-2010 | $650K | Completed | Startup |
C-Power (Alternative Energy Equipment) Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series B2 | ||||||||
Series B | ||||||||
Series A2 | 7,913,796 | $0.001000 | 8% | $0.28 | $0.28 | 1x | $0.28 | 9.34% |
Series A1 | 7,861,852 | $0.001000 | 8% | $0.24 | $0.24 | 1x | $0.24 | 9.28% |
VC Exit Predictor
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C-Power (Alternative Energy Equipment) Comparisons
Industry
Financing
Details
C-Power (Alternative Energy Equipment) Competitors (3)
One of C-Power (Alternative Energy Equipment)’s 3 competitors is Mocean Energy, a Venture Capital-Backed company based in Edinburgh, United Kingdom.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Mocean Energy | Venture Capital-Backed | Edinburgh, United Kingdom | ||||
CorPower Ocean | Venture Capital-Backed | Stockholm, Sweden | ||||
Ocean Power Technologies | Corporation | Monroe Township, NJ |
C-Power (Alternative Energy Equipment) Patents
C-Power (Alternative Energy Equipment) Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-11952974-B2 | Wave energy converter | Active | 09-Sep-2022 | ||
US-20240084775-A1 | Wave energy converter | Active | 09-Sep-2022 | ||
AU-2023338052-A1 | Wave energy converter | Pending | 09-Sep-2022 | ||
US-20230151789-A1 | Wave energy converter | Active | 17-Nov-2021 | ||
US-11542913-B1 | Wave energy converter | Active | 17-Nov-2021 | F03B13/20 |
C-Power (Alternative Energy Equipment) Signals
C-Power (Alternative Energy Equipment) Investors (5)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Defense Advanced Research Projects Agency | Government | |||
Office of Naval Research (ONR) | Government | |||
Carbon Drawdown Collective | Family Office | Minority | ||
Oregon Venture Fund | Venture Capital | Minority | ||
U.S. Department of Energy | Government |
C-Power (Alternative Energy Equipment) FAQs
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When was C-Power (Alternative Energy Equipment) founded?
C-Power (Alternative Energy Equipment) was founded in 2005.
-
Where is C-Power (Alternative Energy Equipment) headquartered?
C-Power (Alternative Energy Equipment) is headquartered in Charlottesville, VA.
-
What is the size of C-Power (Alternative Energy Equipment)?
C-Power (Alternative Energy Equipment) has 27 total employees.
-
What industry is C-Power (Alternative Energy Equipment) in?
C-Power (Alternative Energy Equipment)’s primary industry is Alternative Energy Equipment.
-
Is C-Power (Alternative Energy Equipment) a private or public company?
C-Power (Alternative Energy Equipment) is a Private company.
-
What is C-Power (Alternative Energy Equipment)’s current revenue?
The current revenue for C-Power (Alternative Energy Equipment) is
. -
How much funding has C-Power (Alternative Energy Equipment) raised over time?
C-Power (Alternative Energy Equipment) has raised $14.4M.
-
Who are C-Power (Alternative Energy Equipment)’s investors?
Defense Advanced Research Projects Agency, Office of Naval Research (ONR), Carbon Drawdown Collective, Oregon Venture Fund, and U.S. Department of Energy have invested in C-Power (Alternative Energy Equipment).
-
Who are C-Power (Alternative Energy Equipment)’s competitors?
Mocean Energy, CorPower Ocean, and Ocean Power Technologies are competitors of C-Power (Alternative Energy Equipment).
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