OceanEnergy

OceanEnergy

Climate Change Mitigation through Wave Energy Development

Founded 2012 Ireland

Ireland 4 employees Grant Total: $200.00K Consumer Electronics, Energy +2

Oceanic Energy Limited, operating under the slogan "Harnessing ocean power with unmatched durability and innovative design," has been making significant strides in advancing wave energy technology. Founded in 2012, the company, known as Ocean Energy, has developed a highly resilient technology that has undergone rigorous testing, positioning it as one of the most commercially feasible solutions for harnessing ocean power. Their device, distinguished by its robust and practical design featuring just one moving part, has displayed exceptional durability, enduring over three years of live sea trials in the challenging Atlantic waves. This level of success sets a new standard, surpassing other wave energy systems to date. The company's latest funding round of €200.00K, in the form of a grant investment from the Marine Institute in January 2019, underscores the confidence in Oceanic Energy Limited's potential to revolutionize the renewable energy landscape. The company operates within the industries of Consumer Electronics, Energy, Information Technology, and Renewable Energy, signifying a diversified yet focused approach to its market presence. Oceanic Energy Limited's innovative technology and significant support from prominent institutions position it as a compelling player in the sustainable energy sector.

Funding Stage	Amount	Investors	Lead Investors	Date
Grant	€200.00K	1	Marine Institute	15 Jan 2019

Funding Stage

Amount

Investors

Lead Investors

Date

Grant

€200.00K

Marine Institute

15 Jan 2019

FAQ About OceanEnergy

Climate Change Mitigation through Wave Energy Development

OceanEnergy was founded in 2012.

OceanEnergy is headquartered in Ireland.

OceanEnergy operates in Consumer Electronics, Energy, Information Technology and Renewable Energy. Its work centres on Ocean Energy, wave energy technology, commercial company and ocean power.

OceanEnergy has approximately 4 employees.

OceanEnergy has completed 1 funding round, raising a total of $200.00K. The latest funding stage is Grant.

Top alternatives and competitors to OceanEnergy include CalWave Inc., Aquavision Energy, Ocean Power Parks, Mocean Energy, SeaTwirl AB. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

OceanEnergy and CalWave Inc. 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.

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