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CorPower Ocean

EnergySweden

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 at a glance

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).

Industry
Energy
Headquarters
Sweden

CorPower Ocean leadership

  • Per LindbladCFO – Interim
  • Andrew LitchfieldChief Technology Officer
  • Catharina Belfrage SahlstrandChief Commercial Officer
  • Jonathan MeasonChief Engineer
  • Andreas GunnarssonChairman
  • Patrik Möllerco-founder and CEO

12 more named people on record for CorPower Ocean, with roles, board committees and tenure — see the full roster →

CorPower Ocean funding rounds

Every round on record:

DateRoundAmountInvestors
Series B1$34.9M9 named

Who invested in each round, lead investors, valuations and the co-investor graph — open the full funding history →

Investors

CorPower Ocean competitors

A few of CorPower Ocean's closest competitors — see the full list of competitors and alternatives →

Ocean Power Technologies, Inc.OPTT · EnergyMonroe Township, United States
69% matchPublic

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.

Market cap$4.9M
Employees43
Ocean Power Technologies, Inc. competitors & alternatives →

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More on CorPower Ocean in Xcout Intel

  • 18 named people with titles, LinkedIn and board committees
  • 1 funding round with the investors in each, and who they co-invest with
  • The full competitor set, tracking, exports and API access
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