COMPANY PROFILE

CorPower Ocean

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Wave Power. To Power the planet

Stockholm, SwedenFounded 2012Energy

Valuation $100–250M Last recorded · 2025

Revenue $10–50M Latest reported FY

Headcount 100–500 Current team size

Total funding $100–500M Disclosed equity funding

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About CorPower Ocean

CorPower Ocean brings high-efficiency Wave Energy technology enabling reliable and cost-effective harvesting of electricity from ocean waves.

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With our research and development spanning decades, our innovations are inspired by the pumping principle of the human heart. Ocean energy brings stability to the clean energy mix, accelerating the transition to zero-carbon energy.

Headquartered in Sweden, with offices in Portugal, Norway and Scotland, we design, build and install turnkey solutions that allow our customers to power the planet with clean energy from ocean waves.

Source: Dealroom company data

At a glance

Status: Operational
Founded: 2012
Headquarters: Stockholm, Sweden
Employees: 114
Open positions: 8
Dealroom signal: 89.8/100
Sub-industry: Clean Energy, Water
Sector: Energy, Sustainable Development Goals, EIC, Marine Energy, Wave Energy, EIC Fund, Climate Tech, Nordic Rising Star 2022, Novel Energy
Technology: Hardware, Deep Tech
Business model: Manufacturing
Client focus: b2b
Links: Website LinkedIn X

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Funding history

10 recorded events

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
GRANTOther financing	Jul 2025	$44M	—	EU Innovation Fund	↗
SERIES BOther financing	Jul 2025	$0	—	Cisco Investments · InnoEnergy · SEB · Santander Asset Management	↗

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Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

Year	Revenue	Growth	EBITDA	Margin
2026
2025
2024
2023
2022
2021
2020		—

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Growth signals

CorPower Ocean website traffic

Latest recorded traffic for CorPower Ocean is 16K monthly website visits, down 30.4% over the last three months. CorPower Ocean's team grew 14% over the past year.

Latest monthly visits16K 3-month web change-30.4% 1-year team growth+14%

Monthly website visitsJan 2016–Jul 2026

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Open positions

Openings linked to this company in Dealroom

ROV Supervisor - Wave EnergyViana do Castelo, Viana do Castelo, Portugal · Other · Sep 4, 2026 Senior Project EngineerStockholm, Stockholm County, Sweden · Project Management · Aug 26, 2026 Marine Analysis Engineer - Wave EnergyStockholm, Sweden, Northern Europe, Europe · Other · Aug 22, 2026 Quality Engineer - Wave Energy (M/F/NB)Viana do Castelo, Portugal, Southern Europe, Europe · Other · Jul 11, 2026 CNC Operator (Composites) - Wave EnergyViana do Castelo, Portugal, Southern Europe, Europe · Other · Jun 27, 2026 Subsea Cable EngineerStockholm, Sweden, Northern Europe, Europe · Other · Jun 13, 2026 Engenheiro Eletrotécnico, Média Tensão - Wave Energy (M/F/NB)Viana do Castelo, Portugal, Southern Europe, Europe · Other · Apr 17, 2026 Powertrain Test Engineer Wave EnergyStockholm, Sweden · Other · Jan 16, 2026

8 distinct openings shownExplore hiring signals →

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