CorPower Ocean
Latest round
- Series B
Last raised
- May 2026
Total raised
- $96M
Investors
- 10
About CorPower Ocean
The company offers technology that maximizes energy generation while maintaining reliable operation even in difficult ocean conditions. The firm's wave energy converters operate as point absorbers, with a heaving buoy on the surface receiving energy from ocean waves. This motion is converted into rotation and subsequently into electricity by generators located within the buoy. The control technology used by CorPower allows the system to be altered and tuned to provide optimal response to changing sea conditions. Wavespring technology, a Cascade gearbox, a Pre-tension cylinder, a Composite buoy, an UMACK anchor, and an Advanced control system are the technologies used for CorPower Ocean's wave energy converters. The business offers CorPack wave clusters, which contain Wave Energy Converters, moorings, anchors, and electrical collecting devices and have a capacity of 10 to 20 MW. During the project delivery phase, CorPower Ocean also helps with manufacture, construction, installation, commissioning, and continuing operation and maintenance.
Who invested in CorPower Ocean
10 investors across 2 rounds
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Questions about CorPower Ocean
Who invested in CorPower Ocean?
CorPower Ocean has 10 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has CorPower Ocean raised?
CorPower Ocean has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did CorPower Ocean last raise money?
CorPower Ocean's most recent round on record is a Series B, in May 2026.
What does CorPower Ocean do?
The company offers technology that maximizes energy generation while maintaining reliable operation even in difficult ocean conditions.
Where is CorPower Ocean headquartered?
CorPower Ocean is headquartered in Stockholm, Sweden.
Which VCs invest in companies like CorPower Ocean?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Generation Investment Management back renewable energy companies at CorPower Ocean's stage. Their profiles are linked below.
VCs backing renewable energy startups at Series B
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