Insights

Strategic Expansion CorPower Ocean is actively investing in large-scale wave energy projects, including a 10MW farm supported by a significant €40 million EU grant and a 5MW development off the coast of Scotland, indicating substantial growth opportunities in marine renewable energy infrastructure.

Innovative Technologies The company's advanced control systems that optimize wave energy conversion and its unique heart-inspired pump design highlight a focus on high-efficiency, cost-effective solutions, making them an attractive partner for clients seeking cutting-edge renewable energy technologies.

Funding & Partnerships Securing over $31 million in funding along with strategic partnerships like Equipmake exemplifies CorPower Ocean's strong financial backing and collaborative approach, providing a solid foundation for joint development ventures and technology licensing opportunities.

Market Positioning As a relatively small but rapidly growing player in the wave energy sector, with recent investments and project development, CorPower Ocean presents opportunities to offer complementary services, equipment, or technology integration to expand its project portfolio.

Sustainability Focus CorPower Ocean’s venture into green ammonia production and its commitment to accelerating the transition to renewable energy underline its focus on sustainable solutions, which could open doors for sales of eco-friendly infrastructure, green energy systems, and related equipment.

CorPower Ocean Tech Stack

CorPower Ocean uses 8 technology products and services including Simulink, ISO 14001, GDPR, and more. Explore CorPower Ocean's tech stack below.

  • Simulink
    Advanced Analytics And Data Science
  • ISO 14001
    Certificates
  • GDPR
    Certificates
  • CookieYes
    Cookie Compliance
  • GitLab
    Issue Trackers
  • Python
    Programming Languages
  • Teamtailor
    Recruitment Marketing
  • X-XSS-Protection
    Security

Media & News

CorPower Ocean's Email Address Formats

CorPower Ocean uses at least 1 format(s):
CorPower Ocean Email FormatsExamplePercentage
First@corpowerocean.comJohn@corpowerocean.com
38%
First.Last@corpowerocean.comJohn.Doe@corpowerocean.com
12%
First@corpowerocean.comJohn@corpowerocean.com
38%
First.Last@corpowerocean.comJohn.Doe@corpowerocean.com
12%

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.

What is CorPower Ocean's SIC code NAICS code?

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

How many employees does CorPower Ocean have currently?

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As of January 2026, CorPower Ocean has approximately 100 employees across 2 continents, including EuropeSouth America. Key team members include Chief Commercial Officer: C. B. S.Chief Technology Officer: A. L.Chief Financial Officer: P. L.. 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 SimulinkISO 14001GDPRCookieYesGitLabPythonTeamtailorX-XSS-Protection.

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 January 2026, CorPower Ocean has raised $31M in funding. The last funding round occurred on Jul 27, 2020 for $11M.

When was CorPower Ocean founded?

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CorPower Ocean was founded in 2012.

CorPower Ocean

Renewable Energy Semiconductor ManufacturingStockholm, Sweden51-200 Employees

CorPower Ocean designs, manufactures and operates wave energy farms for our customers. The wave farm solution have a unique design inspired by the pumping principles of the human heart, allowing it to survive the toughest storms. Advanced control technology makes the wave energy converters oscillate in optimal timing with incoming waves, strongly amplifying power absorption. This enables high power output compared to the size, weight and cost of the equipment  The combination of low costs, high capacity factor and an effective maintenance scheme makes wave power a key tool to accelerate the transition to 100% renewables around the world

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

  • $31M

    CorPower Ocean has raised a total of $31M of funding over 3 rounds. Their latest funding round was raised on Jul 27, 2020 in the amount of $11Mas a equity funding.

  • $1M

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

Section iconFunding & Financials

  • $31M

    CorPower Ocean has raised a total of $31M of funding over 3 rounds. Their latest funding round was raised on Jul 27, 2020 in the amount of $11Mas a equity funding.

  • $1M

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

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