Eco Wave Power

A leading onshore wave energy company that converts ocean and sea waves into clean, reliable, and cost-efficient electricity.

Energy Tech
public
Public Stockholm, Sweden Founded 2011
Website ↗ LinkedIn
Last updated 2026-07-20
Total raised
$142.4M
Last: Public Offering 2026-06
Stage
Public
Founded
2011
Headcount
13
HQ
Stockholm, Sweden
Sector
Energy Tech

About

Eco Wave Power is an Israeli-Swedish technology company founded in 2011. It has developed a patented, smart, and cost-efficient technology to generate green electricity from ocean and sea waves. The company's mission is to accelerate the global transition to renewable energy by enabling commercial power production from waves, utilizing existing coastal infrastructure like breakwaters, jetties, and piers. Eco Wave Power operates Israel's first grid-connected wave energy power station and has a global project pipeline. The company is also focusing on positioning wave energy as a renewable energy source for AI infrastructure and expanding its AI capabilities, including digital twins.

Funding history · 9 rounds · $142.4M total

2026-06
Follow-on PO $4.0M
2024-12
Follow-on PO $3.0M
2021-07
Follow-on PO $8.0M
2019-07
Follow-on PO $121.8M
★ AP4★ Skandia★ Skandia Fonder★ Mats Andersson★ Elias Jacobson★ 5,900 investors★ Fourth Swedish National Pension Fund (AP4)General public5,900 investors including AP4 and Skania Fonder
2018-12
Grant Undisclosed
2018-05
Grant $141K
2017-07
A Round $3.0M
2015-11
Grant $450K
★ Chinese government
2015-07
Seed $2.0M
★ Pirveli Ventures5 more

Headcount over time

From 12 (2018-09) to 24 (2025-12) · +12 (+100%) · 44 points · source: Finder history + radar grounding
260 2018-09 2025-12

Q&A

What was Eco Wave Power's most recent funding round?
Eco Wave Power completed a Public Offering in June 2026, raising $4,000,000.
What is Eco Wave Power's primary business activity?
Eco Wave Power is a pioneering Israeli-Swedish technology company that develops and operates patented wave energy conversion systems to generate electricity from ocean waves.
How many employees does Eco Wave Power have?
Eco Wave Power has 11-50 employees.
Who are the co-founders of Eco Wave Power?
The co-founders of Eco Wave Power are Inna Braverman, who serves as CEO, and David Leb, who is a Board member.
What is the status of Eco Wave Power's first U.S. wave energy project?
In September 2025, Eco Wave Power launched its first-ever U.S. wave energy project at the Port of Los Angeles.
What is Eco Wave Power's involvement with NVIDIA?
In May 2026, Eco Wave Power U.S. joined the NVIDIA Inception Program to advance AI-driven renewable energy infrastructure. Additionally, in June 2026, NVIDIA highlighted Eco Wave Power's AI-powered wave energy technology in a corporate blog.
Has Eco Wave Power received any grants recently?
In February 2024, Eco Wave Power received a grant of $1,800,000.
What is the latest development regarding Eco Wave Power's project in Taiwan?
In March 2026, Eco Wave Power advanced its Taiwan expansion as its partner signed a land lease for the Suao Port Wave Energy Project.
What is Eco Wave Power's current stage as a company?
Eco Wave Power is currently a public company.

Team · 8

Inna Braverman
Founder · Co-Founder & CEO
David Leb
Founder · Co-Founder
Aharon Yehuda
CFO
Ran Atias
VP of Engineering
Mats Andersson
Chairman of the Board of Directors
Gilles Amar
Member of the Board of Directors
Annath Abecassis
Member of the Board of Directors
Hilary E. Ackermann
Member of the Board of Directors

Sectors & technology

Primary sector
Energy Tech
Target customers
Business model
B2GB2B

Highlights

Climate TechPatents

Tags

energyrenewable-energyclimate-techelectric-utilitiesenergy-harvestingenergytechwave-energy
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