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Eco Wave Power logo — Nasdaq Stock Symbol: WAVE Harnessing the power of nearshor...

Eco Wave Power

Nasdaq Stock Symbol: WAVE Harnessing the power of nearshore waves to create clean and affordable energy.

Founded 2011 Israel Israel 25 employees Non Equity Assistance Total: $6.57M Design, Energy +2

General Information

Company Name Eco Wave Power
Founded Year 2011
Location Israel Israel
Employees 25
Industries Design, Energy, Manufacturing +1
Funding Stage Non Equity Assistance
Social

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About Eco Wave Power

Eco Wave Power is an innovative wave power developer, based in Israel, with a focus on harnessing the power of nearshore waves to create clean and affordable energy. Established in 2011, the company has gained recognition for its proprietary technology in extracting energy from ocean and sea waves to convert it into electricity. Eco Wave Power prides itself on being the winner of the Frost & Sullivan Product Innovation Award, a testament to its ability to efficiently address challenges in the field and offer comprehensive solutions for effective energy harvesting. The company is committed to delivering sustainable and affordable wave energy solutions, tailored to meet the needs of communities globally. The company has recently received a £1.50M Grant investment from Innovate UK in February 2024, signaling confidence from investors in its potential for growth and impact in the energy industry. With a simple and robust wave energy converter, Eco Wave Power aims to produce electricity at a more cost-effective rate compared to traditional energy generation methods, such as coal, oil, and gas, as well as other renewable energy sources. Overall, Eco Wave Power's dedication to innovation, recognized achievements, and recent investments position it as a promising player in the energy and manufacturing industries, poised to make a significant impact in the shift towards sustainable and affordable energy sources.

Business keywords: Wave Energy, Clean Energy, Eco-friendly Technology, Sustainable Energy, Power Generation, Green Technology, New Product Innovation, Patented Technology, Energy Conversion, Ocean Energy, Environmental Sustainability

Funding Rounds & Investors (8)

View All
Funding Stage Amount Investors Lead Investors Date
Non Equity Assistance Undisclosed 1
Leading Cities
Leading Cities
01 Jul 2024
Grant £1.50M 1
Innovate UK
Innovate UK
08 Feb 2024
Grant Undisclosed 1
Ministry of Energy
11 Jul 2023
Non Equity Assistance Undisclosed 1
maze impact
maze impact
01 May 2020
Grant €71.43K 1
EASME - EU Executive Agency for SMEs
01 Jan 2019
Series B $3.00M -
11 Apr 2017
Grant Undisclosed 1
European Union
European Union
07 Dec 2015
Series A $2.00M 1
Pirveli Ventures
18 Aug 2015

Eco Wave Power Alternatives & Competitors

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Eco Wave Power vs
Turbina Energy
Turbina Energy

Innovative small wind turbines for sustainable and economic use, contributing to a cleaner environme...

Venture round
Energy, Manufacturing
Compare Eco Wave Power vs Turbina Energy
Eco Wave Power vs
Q2Power
Q2Power

Harnessing waste fuels to generate clean electricity with unmatched efficiency and cost savings.

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Energy, Renewable Energy
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Eco Wave Power vs
Hexagon Energy
Hexagon Energy United States

We Develop Clean Energy

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36 employees
ESG, Energy
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FAQ About Eco Wave Power

Nasdaq Stock Symbol: WAVE Harnessing the power of nearshore waves to create clean and affordable energy.
Eco Wave Power was founded in 2011.
Eco Wave Power is headquartered in Israel.
Eco Wave Power operates in Design, Energy, Manufacturing and Clean Energy. Its work centres on Wave Energy, Clean Energy, Eco-friendly Technology and Sustainable Energy.
Eco Wave Power has approximately 25 employees.
Eco Wave Power has completed 8 funding rounds, raising a total of $6.57M. The latest funding stage is Non Equity Assistance.
Top alternatives and competitors to Eco Wave Power include Turbina Energy, Q2Power, Hexagon Energy, Avaada Group, Sustainability Creative Co.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Eco Wave Power and Turbina Energy are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Eco Wave Power, https://bouncewatch.com/company/eco-wave-power, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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