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CalWave Power Technologies Inc.

CalWave Power Technologies Inc.

Private
Oakland, CaliforniaEnergy & Sustainabilityhttps://calwave.energy/

Last Round

Accelerator

Jan 24, 2023

Total Funding Raised

$8.75M

Company Overview

CalWave Power Technologies Inc. is an energy production company that develops a proprietary, submerged wave energy converter technology to generate electricity from ocean waves.

Sector

Energy & Sustainability

Verticals

Renewable Energy, Water Treatment, Defense Tech

Business Model

B2G

Customer Profile

Government Contracts, Hardware Sales, Services & Consulting

AI Layer

Non-AI

Keywords

wave energy converterWECwave energywave powersubmerged wave energyocean energymarine energyrenewable energyhydrokinetic energyoffshore power generationelectricity generationoriginal equipment manufacturerOEMremote microgridsdesalination

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CalWave Power Technologies Inc. Comparables

Compare CalWave Power Technologies Inc. with similar companies based on industry and business-model similarity.

CalWave Power Technologies Inc. comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Oscilla Power
88%
Seabased
84%
Mocean Energy
82%

CalWave Power Technologies Inc. Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
AcceleratorJan 24, 2023
GrantJan 25, 2022
GrantApr 1, 2020
GrantNov 18, 2019
GrantJan 9, 2019
Grant
Dec 2, 2016

Key People

Founding team and executive leadership

Marcus Lehmann

Co-Founder And CEO

Founding Team

Thomas Boerner

Chief Technology Officer, Technical Lead

Executive Team

CalWave Power Technologies Inc. Investors

Notable investors and investment history

CalWave Power Technologies Inc. investors
InvestorRounds
1517 FundSeed
Cyclotron RoadAccelerator
Breakout VenturesSeed
New Energy NexusAccelerator
The High Tide FoundationSeed
Department of EnergyGrant
National Science FoundationGrant

Market signals

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  • Aug 3, 2023

    Grew 27% QoQ from 15 to 19 employees.

  • Jan 24, 2023

    Received funding from New Energy Nexus and Third Derivative.

CalWave Power Technologies Inc. Filings

SEC and related filings with document metadata.

Data table
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CalWave Power Technologies Inc. Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersOakland, California
Employee Range11
Year Founded2014
Last FundingJan 24, 2023

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