Wavepiston Overview
- Status
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Private
- Employees
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30
- Latest Deal Type
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Series A
- (Upcoming)
- Latest Deal Amount
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$20M
- Investors
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22
Wavepiston General Information
Description
Developer of a wave energy system designed for electricity production and desalination of seawater. The company's system offers commercially viable wave energy harvesting devices that are non-intrusive, simple, and robust for harvesting the energy of the oceans, enabling clients to access a lightweight and fully submerged system to generate energy at a low cost with conversion efficiency and sustainability.
Contact Information
Website
www.wavepiston.dkCorporate Office
- Kronborg 3b
- 3000 Helsingør
- Denmark
Corporate Office
- Kronborg 3b
- 3000 Helsingør
- Denmark
Wavepiston Timeline
Wavepiston Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 41. Later Stage VC (Series A) | 01-Jan-2028 | $20M | Upcoming | Generating Revenue | ||
| 40. Later Stage VC | 07-Mar-2025 | Completed | Generating Revenue | |||
| 39. Grant | 15-Aug-2024 | Completed | Product Development | |||
| 38. Equity Crowdfunding | 02-Aug-2024 | Completed | Product Development | |||
| 37. Grant | 17-Apr-2024 | Completed | Product Development | |||
| 36. Debt - General | 29-Mar-2024 | Completed | Product Development | |||
| 35. Grant | 20-Mar-2024 | Completed | Product Development | |||
| 34. Grant | 01-Mar-2024 | Completed | Product Development | |||
| 33. Grant | 01-Dec-2023 | $11.2M | Completed | Product Development | ||
| 32. Grant | 01-Dec-2023 | $128K | $11.2M | Completed | Product Development |
Wavepiston Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | 100,000 | $2.8 | $2.8 | 1x | $2.8 | 6.8% | ||
| Ordinary | 296,848 | $2.1 | $2.1 | 1x | $2.1 | 20.17% |
VC Exit Predictor
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Wavepiston Comparisons
Industry
Financing
Details
Wavepiston Competitors (7)
One of Wavepiston’s 7 competitors is CorPower Ocean, a Venture Capital-Backed company based in Stockholm, Sweden.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| CorPower Ocean | Venture Capital-Backed | Stockholm, Sweden | ||||
| Mocean Energy | Venture Capital-Backed | Edinburgh, United Kingdom | ||||
| AWS Ocean Energy | Formerly VC-backed | Inverness, United Kingdom | ||||
| CalWave | Venture Capital-Backed | Oakland, CA | ||||
| Ocean Oasis | Venture Capital-Backed | Oslo, Norway |
Wavepiston Patents
Wavepiston Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| JP-2012503131-A | A device to convert ocean wave energy | Pending | 19-Sep-2008 | ||
| EP-2318695-A2 | Apparatus for converting ocean wave energy | Inactive | 19-Sep-2008 | ||
| WO-2010031405-A3 | Apparatus for converting ocean wave energy | Inactive | 19-Sep-2008 | F03B13/18 |
Wavepiston Signals
Wavepiston Investors (22)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Generous Minds | Impact Investing | Minority | ||
| The Blue Line | Venture Capital | Minority | ||
| Strategic Investment Program | Corporation | |||
| Vand Innovation SMVer | Corporation | |||
| Danish Energy Authority's Development Programme | Lender/Debt Provider |
Wavepiston FAQs
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Where is Wavepiston headquartered?
Wavepiston is headquartered in Helsingør, Denmark.
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What is the size of Wavepiston?
Wavepiston has 30 total employees.
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What industry is Wavepiston in?
Wavepiston’s primary industry is Alternative Energy Equipment.
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Is Wavepiston a private or public company?
Wavepiston is a Private company.
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What is Wavepiston’s current revenue?
The current revenue for Wavepiston is .
-
How much funding has Wavepiston raised over time?
Wavepiston has raised $18.9M.
-
Who are Wavepiston’s investors?
Generous Minds, The Blue Line, Strategic Investment Program, Vand Innovation SMVer, and Danish Energy Authority's Development Programme are 5 of 22 investors who have invested in Wavepiston.
-
Who are Wavepiston’s competitors?
CorPower Ocean, Mocean Energy, AWS Ocean Energy, CalWave, and Ocean Oasis are some of the 7 competitors of Wavepiston.
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