Exclusive: CorPower Ocean CFO talks €32 million in funding for revolutionary wave energy tech
CorPower Ocean, founded in 2012 by CEO Patrik Möller and heart specialist Dr. Stig Lundbäck, has developed wave energy converter (WEC) technology inspired by the human heart’s efficiency in pumping blood. Earlier this month, the company announced that it had secured €32 million in Series B1 funding to accelerate the commercialization of its wave energy technology. Their first full-scale WEC, the C4, was deployed in Portugal in fall 2023.
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