Ocean Renewable Power Company: Funding, Investors & Team (Sep 2026)
Ocean Renewable Power Company generates electricity from tidal energy. It installs turbine generator units in groups to form complete power systems that convert river and ocean energy into grid-compatible power. The company offers a RivGen power system, which generates electricity at small river sites particularly in remote communities with no centralized power grid; TidGen Power System for shallow tidal current applications; and OCGen power system for deeper tidal and ocean current applications. It was founded in 2004 and is based in Portland, Maine.
Ocean Renewable Power Company has raised $20.0M across 1 funding round on record, the most recent an undisclosed round of $20.0M announced in Aug 2021.
That round is above the $14M median round size for Energy companies tracked on FundedIQ over the last two years.
Ocean Renewable Power Company Company Profile and Key Stats
Latest funding round on record: Aug 2021.
Ocean Renewable Power Company Funding Rounds
Ocean Renewable Power Company Founders and Leadership Team
No contact details are on record for this team yet.
Ocean Renewable Power Company Funding Compared to Other Energy Startups
Ocean Renewable Power Company's latest round of $20.0M is above the median round in Energy. Medians cover the last 24 months of disclosed rounds.
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Ocean Renewable Power Company Funding FAQs
What does Ocean Renewable Power Company do?
Ocean Renewable Power Company generates electricity from tidal energy. It installs turbine generator units in groups to form complete power systems that convert river and ocean energy into grid-compatible power. The company offers a RivGen power system, which generates electricity at small river sites particularly in remote communities with no centralized power grid; TidGen Power System for shallow tidal current applications; and OCGen power system for deeper tidal and ocean current applications. It was founded in 2004 and is based in Portland, Maine.
How much funding has Ocean Renewable Power Company raised?
Ocean Renewable Power Company has raised $20.0M across 1 round on record. The most recent is an undisclosed round of $20.0M announced in Aug 2021.
When did Ocean Renewable Power Company last raise funding?
Ocean Renewable Power Company's most recent funding round on record is an undisclosed round of $20.0M, announced in Aug 2021.
Who is the CEO of Ocean Renewable Power Company?
Stuart Davies is listed as CEO at Ocean Renewable Power Company.
Where is Ocean Renewable Power Company headquartered?
Ocean Renewable Power Company is based in Portland, Maine, United States.
How many employees does Ocean Renewable Power Company have?
Ocean Renewable Power Company is in the 101-250 employee band.
How does Ocean Renewable Power Company's funding compare to other Energy startups?
Ocean Renewable Power Company's latest round of $20.0M is above the $14M median round size for Energy companies on FundedIQ across 2,284 tracked companies over the last two years.
About FundedIQ's Ocean Renewable Power Company 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 Ocean Renewable Power Company is left off this page rather than filled in.
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