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CorPower Ocean

Stockholm, SE · founded 2011
L0 · Energy & Poweralso L1
marine energy for computestartupprivategrowth

CorPower Ocean makes wave energy converters — heart-pump-inspired buoys that tune themselves to amplify power capture in normal seas and detune to survive storms — and pitches wave power as a round-the-clock complement to solar and wind for data centers. It has grid-connected a full-scale device off Viana do Castelo in Portugal and is building a 10MW pre-commercial array backed by an EU Innovation Fund grant, targeted to operate by 2029. It does not operate any data center itself.

Ecosystem functionSupplies the wave generation technology floating data-center operators would draw on, without taking on compute risk itself.

Business modelWave energy converter manufacturing

Revenue—
Valuation—
Last round€40Mled by EU Innovation Fund · 2025
Sources · 2 ↓
  1. https://corpowerocean.com/
  2. https://www.renewableenergyworld.com/hydro-power/tidal-wave-energy/corpower-ocean-secures-47m-grant-for-10mw-wave-energy-farm/
Suggest an editLast verified 2026-08-06
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