Sweden
CorPower Ocean, founded in 2012 and headquartered in Sweden, is making significant strides in the renewable energy sector. The company's slogan, "Wave Power. To Power the planet.", aptly encapsulates its mission to drive the transition to 100% renewables globally. CorPower Ocean specializes in designing, manufacturing, and operating wave energy farms with a unique technology inspired by the human heart's pumping principles.
Their wave energy converters, equipped with advanced control technology, optimize power absorption by oscillating in sync with incoming waves. This innovation ensures a high power output relative to the equipment's size, weight, and cost, distinguishing it in the competitive renewable energy landscape.
CorPower Ocean secured its most recent investment of €9.00M during a Venture Round on 03 February 2021, with participation from investors like SEB Venture Capital, EIT InnoEnergy, Midroc New Technology, and various Family offices. This support underlines the confidence in its potential to contribute significantly to renewable energy solutions worldwide.
