Insights

Strategic expansion CorPower Ocean is expanding facilities to Portugal and Southern Europe as it advances its first two industrial wave farms in Portugal and Scotland, signaling growing regional deployment opportunities and potential for local supply chain partnerships.

Prototype validation The company secured a DNV Prototype Certificate for a Wave Energy Converter, highlighting validated technology readiness and a potential sales differentiator when engaging utilities, developers, and banks evaluating risk and performance.

Strong funding runway With a Series B of €53 million and total funding of $187 million, CorPower Ocean has substantial capital to support commercial scale projects, pilot deployments, and long-term contracting discussions.

Low-cost high-impact Public descriptions emphasize high power output relative to size and cost, reinforced by advanced control tech and heart-inspired design; this positions the company to target cost-sensitive energy developers seeking scalable wave farm solutions.

Leadership momentum Recent board appointments and leadership strengthening signal a rapid move toward commercialization and strategic partnerships, presenting opportunities for channel partners, integrators, and regional project developers seeking aligned governance.

Similar companies to CorPower Ocean

CorPower Ocean Tech Stack

CorPower Ocean uses 8 technology products and services including MATLAB, LinkedIn Recruiter, SOLIDWORKS, and more. Explore CorPower Ocean's tech stack below.

Media & News

CorPower Ocean's Email Address Formats

CorPower Ocean uses at least 2 email formats:
CorPower Ocean Email FormatsExamplePercentage
First@corpowerocean.comJohn@corpowerocean.com
78%
First.Last@corpowerocean.comJohn.Doe@corpowerocean.com
22%

Frequently Asked Questions

What is CorPower Ocean's official website and social media links?

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CorPower Ocean's official website is corpowerocean.com and has social profiles on LinkedIn.

How much revenue does CorPower Ocean generate?

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As of August 2026, CorPower Ocean's annual revenue is estimated to be <$1M.

What is CorPower Ocean's SIC code and NAICS code?

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CorPower Ocean's SIC code is 7299 - Miscellaneous Personal Services, Not Elsewhere Classified and NAICS code is 33441 - Semiconductor and Other Electronic Component Manufacturing.

How many employees does CorPower Ocean have currently?

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As of August 2026, CorPower Ocean has approximately 121 employees across 1 continents, including Europe. Key team members include Chief Technology Officer: A. L., Head Of Communications And Public Relations: L. N. and Head Of Business Development: A. J. Explore CorPower Ocean's employee directory with LeadIQ.

What industry does CorPower Ocean belong to?

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CorPower Ocean operates in the Renewable Energy Semiconductor Manufacturing industry.

What technology does CorPower Ocean use?

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CorPower Ocean's tech stack includes MATLAB, LinkedIn Recruiter, SOLIDWORKS, CookieYes, Microsoft 365, GitLab, HubSpot and Webflow.

What is CorPower Ocean's email format?

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CorPower Ocean's email format typically follows the pattern of First@corpowerocean.com. Find more CorPower Ocean email formats with LeadIQ.

How much funding has CorPower Ocean raised to date?

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As of August 2026, CorPower Ocean has raised $187M in funding. The last funding round occurred on May 26, 2026.

When was CorPower Ocean founded?

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CorPower Ocean was founded in 2012.
CorPower Ocean logo

CorPower Ocean

Renewable Energy Semiconductor ManufacturingStockholm, Sweden51-200 Employees

CorPower Ocean designs, builds, and operates wave energy farms that convert ocean waves into electricity for customers. Its approach uses a heart-inspired pumping design and advanced control systems to align the converters with waves, improving energy capture and resilience in storms.

Based in Stockholm, Sweden, the company is mid-sized and operates within the renewable energy technology sector. The target market includes organizations seeking scalable offshore renewables, with emphasis on high capacity factor and lower costs relative to equipment size and weight. The business sits at the intersection of renewable energy and semiconductor manufacturing, underscoring its focus on efficient, robust marine power solutions.

Section iconCompany Overview

SIC Code
7299 - Miscellaneous Personal Services, Not Elsewhere Classified
NAICS Code
33441 - Semiconductor and Other Electronic Component Manufacturing
Founded
2012
Employees
51-200

Section iconFunding & Financials

  • $187M

    CorPower Ocean has raised a total of $187M of funding over 13 rounds. Their latest funding round was raised on May 26, 2026 as a Series B.

  • <$1M

    CorPower Ocean's revenue is estimated to be in the range of <$1M

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