CorPower Ocean has secured funding from two strategic investors, Acario and GTT Strategic Ventures, in its Series B round. This investment builds on a previous $37.4 million raise to scale wave energy as a clean electricity source.
Amount Raised
$37.4 Million
Round Type
Series B
StockholmEnergyRenewable EnergyInvestors
Description
CorPower Ocean has welcomed Acario and GTT Strategic Ventures as part of its Series B funding round, enhancing its investor consortium. The new investors bring strong industrial expertise and credibility to support CorPower's commercial scale-up journey. This investment follows a previous $37.4 million Series B1 raise.
Quick answer
CorPower Ocean raised $37.4 Million in a Series B round, dated July 18, 2025. Investors: InnoEnergy, NordicNinja VC, Iberis Capital, Santander Asset Management, Cisco Investments, Seb Greentech, GTT Strategic Ventures and Acario. CorPower Ocean is based in Stockholm, Stockholm County, Sweden.
- How much did CorPower Ocean raise?
- CorPower Ocean raised $37.4 Million in a Series B round on July 18, 2025.
- Who invested in CorPower Ocean?
- InnoEnergy, NordicNinja VC, Iberis Capital, Santander Asset Management, Cisco Investments, Seb Greentech, GTT Strategic Ventures and Acario are named as investors in this round.
- What does CorPower Ocean do?
- CorPower Ocean is a wave energy device developer founded in 2012, focused on designing, building, and installing solutions for harvesting clean energy from ocean waves.
- Where is CorPower Ocean based and how big is it?
- CorPower Ocean is based in Stockholm, Stockholm County, Sweden. Fundz records about 95 employees.
- Who are the decision-makers at CorPower Ocean?
- Fundz holds 3 contacts at CorPower Ocean. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Renewable Energy around the same time
Companies in the same sectors as CorPower Ocean that raised within 45 days of this round, from Fundz verified event records.
- RenewCO2 raised $5M (Seed) on August 29, 2025.
- Headwater Gold raised $443K (Seed) on August 28, 2025.
- Fusion Fuel Cycles raised $20M (Funding Round) on August 26, 2025.
- Previse Systems raised an undisclosed amount (Corporate Round) on August 26, 2025.
- OSW raised $5.5M (Funding Round) on August 21, 2025.
- ChemFinity Technologies raised $7M (Seed) on August 19, 2025.
Who to call at CorPower Ocean, and when
A new round usually means CorPower Ocean is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day CorPower Ocean raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at CorPower Ocean, from your own LinkedIn network
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