CorPower Ocean raised €32M in a Series B1 funding round led by NordicNinja VC to commercialise its wave energy technology.
Amount Raised
€32 Million
Round Type
Series B
StockholmEnergyRenewable EnergyInvestors
Description
CorPower Ocean has secured €32 million in Series B1 funding to advance its wave energy technology. The investment will facilitate the commercial rollout of wave energy as a bankable energy source, following successful tests of their commercial scale device.
Quick answer
CorPower Ocean raised €32 Million in a Series B round, dated October 16, 2024. Investors: NordicNinja VC, InnoEnergy, Cisco Investments, Iberis Capital, Santander Asset Management and Seb Greentech. CorPower Ocean is based in Stockholm, Stockholm County, Sweden.
- How much did CorPower Ocean raise?
- CorPower Ocean raised €32 Million in a Series B round on October 16, 2024.
- Who invested in CorPower Ocean?
- NordicNinja VC, InnoEnergy, Cisco Investments, Iberis Capital, Santander Asset Management and Seb Greentech 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.
- Satellite Vu raised $25M (Funding Round) on November 29, 2024.
- National Renewable Network raised $4.3M (Pre-Series A) on November 28, 2024.
- Volter raised $3.2M (Pre-Seed) on November 28, 2024.
- Modern Hydrogen raised $25M on November 27, 2024.
- Molyon raised $4.6M (Seed) on November 26, 2024.
- MediSun Energy raised $8.8M (Seed) on November 25, 2024.
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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Funding Insights
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