CorPower Ocean is a wave energy company headquartered in Stockholm, Sweden, that designs and operates wave energy farms using advanced power converter technology. Its systems aim to deliver high-efficiency renewable energy harvested from ocean waves.
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CorPower Ocean is an energy company headquartered in Sweden. Its most recent funding round, Series B1, raised $34.9M in October 2024. Xcout tracks 18 named people at CorPower Ocean, including Per Lindblad (CFO – Interim).
12 more named people on record for CorPower Ocean, with roles, board committees and tenure — see the full roster →
Every round on record:
| Date | Round | Amount | Investors |
|---|---|---|---|
| Series B1 | $34.9M | 9 named |
Who invested in each round, lead investors, valuations and the co-investor graph — open the full funding history →
A few of CorPower Ocean's closest competitors — see the full list of competitors and alternatives →
Eco Wave Power Global AB (publ) is a company dedicated to renewable energy, developing innovative technology designed to harness the power of ocean and sea waves, transforming them into clean electricity. The company has secured a significant global presence through various commercial agreements, including power purchase and concession deals, supporting a development pipeline estimated at approximately 404.7 megawatts, in addition to holding several letters of intent. Its operational reach spans multiple countries such as the United States, Taiwan, Sweden, Israel, Portugal, and Mexico, with further international activities. Established in 2011, the organization was formerly known as EWPG Holding AB (publ) before adopting its current name in June 2021. Eco Wave Power Global AB (publ) maintains its headquarters in Tel Aviv-Yafo, Israel.
SeaPattern is a Swedish hydropower startup headquartered in Linköping, Sweden. Founded by scientists, innovators, and engineers, the company aims to unleash the power of hydropower for a net-zero future and has raised private financing to support its initiatives.
Ocean Power Technologies, Inc. (OPTT) is a company dedicated to creating and deploying exclusive technologies that convert the sustainable power of ocean waves into electricity. The firm operates globally, with a presence in North America, South America, Europe, and Asia. A primary offering is their PB3 PowerBuoy system, engineered to provide autonomous power generation for remote offshore locations, independent of traditional electrical grids. Beyond this, OPTT's product line includes hybrid PowerBuoy solutions and subsea battery systems. They also furnish essential supporting services such as software development, control systems, sensor integration, and expert marine installation. The company extends its capabilities to deliver distributed offshore power and critical communication infrastructure for diverse remote surface and subsea applications. These solutions cater to key sectors including defense and security, the offshore oil and gas industry, scientific research, and offshore wind energy. Furthermore, OPTT offers its Wave Adaptive Modular Vessel (WAM-V) technology, which significantly enhances the mobility and operational range of uncrewed maritime systems. This includes leasing WAM-V robotics and providing access to associated information. Their expertise also covers maritime domain awareness solutions and strategic consulting. Finally, the company provides a comprehensive suite of offshore data services, encompassing collection, integration, analysis, and real-time communication for various purposes. OPTT primarily serves a diverse client base of both governmental agencies and private organizations that require dependable power solutions in distant marine environments. Established in 1984, Ocean Power Technologies, Inc. is headquartered in Monroe Township, New Jersey.
Verterra Energy, Inc. designs and develops advanced, modular hydropower technology designed to harness kinetic energy from flowing water in rivers, oceans, and canals. The company provides scalable renewable energy solutions for various operational power needs around the globe.
ORPC is a recognized leader in marine renewable energy and water power solutions, specializing in hydroelectric power generation and marine energy technology innovation. Headquartered in Portland, Maine, the company operates with subsidiaries in Canada, Ireland, and Chile.
Ocean Thermal Energy Corporation (OTEC), along with its various subsidiaries, operates internationally as a developer of projects centered on clean power generation, the creation of fresh water, and climate control systems. The company's core business involves designing and implementing sophisticated plants utilizing Ocean Thermal Energy Conversion (OTEC) technology, as well as Seawater and Lake Water Air Conditioning (SWAC/LWAC) systems. These installations are engineered to serve a diverse client base, including commercial enterprises, utility companies, and local governments. From these plants, OTEC provides essential resources: electricity, potable water for drinking and agricultural use, and desalinated water suitable for various applications, including fish farming and aquaculture. Furthermore, OTEC is actively engaged in developing and bringing to market EcoVillages – integrated communities designed to achieve social, economic, and ecological sustainability. The corporation maintains key strategic alliances, notably with DCO Energy, LLC. Established in 1998, Ocean Thermal Energy Corporation's main offices are situated in Lancaster, Pennsylvania.
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