CorPower Ocean: Funding, Investors & Team (Sep 2026)
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
CorPower Ocean has raised $107M across 4 funding rounds on record, the most recent a Series B of $61.7M announced in May 2026.
That round is above the $15M median round size for Energy companies tracked on FundedIQ over the last two years.
CorPower Ocean Company Profile and Key Stats
Latest funding round on record: May 2026.
CorPower Ocean Funding Rounds
1 of 4 rounds was announced without a disclosed amount and is excluded from the total.
CorPower Ocean raised $10.9M in an undisclosed round announced in Feb 2021.
3.7 years later, a Series B of $34.8M was announced in Oct 2024.
9 months later, a Series B was announced in Jul 2025 with no disclosed amount.
10 months later, a Series B of $61.7M was announced in May 2026.
CorPower Ocean Founders and Leadership Team
Contact details for the CorPower Ocean team: 1 of 1 has an email address on file.
Start 14-day free trial →CorPower Ocean Funding Compared to Other Energy Startups
CorPower Ocean's latest round of $61.7M is above the median round in Energy. Medians cover the last 24 months of disclosed rounds.
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CorPower Ocean Funding FAQs
What does CorPower Ocean do?
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
How much funding has CorPower Ocean raised?
CorPower Ocean has raised $107M across 4 rounds on record. The most recent is a Series B of $61.7M announced in May 2026.
When did CorPower Ocean last raise funding?
CorPower Ocean's most recent funding round on record is a Series B of $61.7M, announced in May 2026.
Who founded CorPower Ocean?
FundedIQ lists Patrik Moller (Founder) at CorPower Ocean.
Where is CorPower Ocean headquartered?
CorPower Ocean is based in Stockholm, Stockholms Lan, Sweden.
How many employees does CorPower Ocean have?
CorPower Ocean is in the 11-50 employee band.
How does CorPower Ocean's funding compare to other Energy startups?
CorPower Ocean's latest round of $61.7M is above the $15M median round size for Energy companies on FundedIQ across 2,284 tracked companies over the last two years.
About FundedIQ's CorPower Ocean Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for CorPower Ocean is left off this page rather than filled in.
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