CorPower Ocean has developed a compact high-efficiency Wave Energy Converter, inspired by the pumping principles of the human heart. Using phase control technology the Wave Energy Converters operate in resonance with the waves, giving 5 times more energy per ton compared to the previous state-of-the-art.
Location: Sweden
Employees: 11-50
Total raised: $457M
Founded date: 2009
Investors 2
| Date | Name | Website |
| - | Almi Inves... | almi.se |
| - | Midroc New... | midroc.se |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 10.03.2026 | - | $422.19M | - |
| 16.10.2024 | - | $34.82M | - |
Mentions in press and media 13
| Date | Title | Description |
| 10.03.2026 | EIC Scaling Club companies double peer funding growth with 66% increase | A recent report reveals that in the past 14-20 months, EIC Scaling Club members have achieved an average funding growth of 66.66 per cent. That is more than double the control group, which saw just 26 per cent growth in the same time period... |
| 02.10.2025 | SaltX appoints new CFO and acting COO in ongoing commercialization phase | SaltX appoints new CFO and acting COO in ongoing commercialization phase Thu, Oct 02, 2025 09:00 CET Report this content SaltX Technology is strengthening its management team by appointing a new CFO and an acting COO. These changes take pla... |
| 16.12.2024 | 10 Interesting Startup Deals You May Have Missed In 2024 | 4 Shares Email Facebook Twitter LinkedIn This is our annual roundup pulled from our monthly 5 Interesting Startup Deals You May Have Missed column. Check out last month’s entry here. It’s the end of the year and everyone should finally have... |
| 31.10.2024 | 5 Interesting Startup Deals You May Have Missed In October: More Accessible Tech And The Ultimate Weed Wacker | 1 Shares Email Facebook Twitter LinkedIn This is a monthly column that runs down five interesting startup funding deals every month that may have flown under the radar. Check out last month’s entry here. While the goblins and ghouls make th... |
| 20.10.2024 | The Rise of AgriFoodTech: A New Era of Sustainable Innovation | The world of AgriFoodTech is buzzing. It’s a landscape ripe with innovation, where sustainability meets technology. Companies are racing to transform how we produce and consume food. This week, the headlines overflowed with exciting develop... |
| 17.10.2024 | The Week in AgriFoodTech: Blue Stripes, Nukoko land rounds for alt chocolate, OroraTech snags deal for wildfire detection | Foodtech headlines this week contained more chocolate than a jumbo bag of Ghiradelli Squares. Blue Stripes and Nukoko both announced fundraises, while Voyage Foods announced a massive new manufacturing facility. Elsewhere, climate-focused c... |
| 16.10.2024 | Stockholm-based CorPower Ocean secures €32 million to drive commercialisation of wave energy | CorPower Ocean, a pioneering Swedish leader in wave energy technology, has secured €32 million in Series B1 funding to advance the commercial rollout of its innovative wave energy solutions. This latest investment marks a significant milest... |
| 28.03.2024 | EIC Scaling Club announces its first 48 European deeptech scaleups | Today the EIC Scaling Club unveiled the selection of the first 48 European deep tech scaleups to join its curated community of standout companies, investors, corporate innovators, mentors, media firms and other industry stakeholders. The li... |
| 24.10.2023 | SSAB and CorPower Ocean to collaborate on first fossil-free steel for wave energy technology | SSAB and CorPower Ocean to collaborate on first fossil-free steel for wave energy technology Tue, Oct 24, 2023 10:00 CET Report this content Steel company SSAB and wave energy developer CorPower Ocean have signed an agreement to explore the... |
| 23.02.2021 | SKANDINAVISKA ENSKILDA BANKEN AB Skandinaviska Enskilda Banken : SEB Greentech invests in wave energy technology | SEB Greentech VC, the unit that SEB created in the autumn to invest in green technology, is now making its second investment by participating in a private placement in the Swedish company CorPower Ocean, a global leader in wave energy techn... |
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