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CorPower Ocean

CorPower Ocean

Private
StockholmEnergy & Sustainabilityhttps://corpowerocean.com/

Last Round

Series B

May 26, 2026

Est. Valuation

$124.24M

Total Funding Raised

$225.92M

Momentum

Top 10%

of companies Caplight tracks

Company Overview

CorPower Ocean is a clean energy company that develops innovative wave energy converters to generate clean and cost-effective electricity from ocean waves.

Sector

Energy & Sustainability

Verticals

Renewable Energy, Smart Grid

Business Model

B2B

Customer Profile

Hardware Sales, Services & Consulting, Government Contracts

AI Layer

Application

Keywords

wave energywave energy converterWECmarine energyblue energyrenewable energypoint-absorberocean powerpredictive maintenanceSCADAwave farmclean techclimate techenergy hardware

Historical Pricing

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Caplight Momentum Score

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CorPower Ocean Comparables

Compare CorPower Ocean with similar companies based on industry and business-model similarity.

CorPower Ocean comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Seabased
81%
Marine Power Systems
80%
Bombora Wave Power
80%

CorPower Ocean Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series BMay 26, 2026
GrantDec 9, 2025
GrantJul 23, 2025
Series BJul 18, 2025
GrantFeb 17, 2025
Series B
Oct 16, 2024

Key People

Founding team and executive leadership

Andrew Litchfield

Chief Technology Officer

Executive Team

Per Lindblad

Interim Chief Financial Officer

Executive Team

CorPower Ocean Investors

Notable investors and investment history

CorPower Ocean investors
InvestorRounds
SEB Investment Management ABSeries A, Series B
European Innovation Council FundSeries B, Grant
SEB GroupSeries A, Series B
European Commission (Horizon Europe)Grant
Skandinaviska Enskilda BankenSeries B
Ned VSeries B
Santander Alternative InvestmentsSeries B

Market signals

Structured signals derived from secondary market and firmographic data.

  • May 26, 2026

    $62M round led by EIT InnoEnergy, NordicNinja VC, and SEB Greentech.

  • Jul 23, 2025

    Developing a 10 MW wave farm with €40M EU grant.

CorPower Ocean Filings

SEC and related filings with document metadata.

Data table
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CorPower Ocean Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about CorPower Ocean's valuation, stock price, and market status.

Firmographic Details

HeadquartersStockholm
Employee Range120
Year Founded2012
Last FundingMay 26, 2026

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