Bombora Wave Power

Bentley, Australia Founded: 2011 • Age: 15 yrs
Wave energy is captured via seafloor pressure using inflatable membranes.
Annual revenue - Latest available
Total funding $8.4M 7 rounds
Employees - Tracked headcount
Investors 6 Known backers
Products 2 Services tracked
Competitors 11 Brand Intelligence

About Bombora Wave Power

Bombora Wave Power is a company based in Bentley (Australia) founded in 2011. Bombora Wave Power has raised $8.42 million across 7 funding rounds from investors including Mitsui OSK Lines, Development Bank of Wales and Enzen. Bombora Wave Power offers products and services including mWave™ and Energy Solutions. Bombora Wave Power operates in a competitive market with competitors including Carnegie Clean Energy, Ocean Power Technologies, Marine Power Systems, Eco Wave Power and AW-Energy, among others.

  • Headquarter Bentley, Australia
  • Sectors
    Energy & Utilities
  • Phone
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  • Website
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  • Social
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Operational Areas
Energy & Utilities → Energy Storage & Efficiency Unlock Sub-Sector Unlock Segment
Energy & Utilities → Renewable & Clean Energy Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $8.42 M (USD)

    in 7 rounds

  • Latest Funding Round
    $4.82 M (USD), Series B

    Jan 21, 2022

  • Investors
  • Employee Count
    Not available
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Products & Services of Bombora Wave Power

Bombora Wave Power offers a comprehensive portfolio of products and services, including mWave™ and Energy Solutions.

Product name locked
Category locked
Primary

Converts ocean waves into renewable electricity for offshore use.

Product name locked
Category locked
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Provides optimization for offshore wind and wave farms.

Funding Insights of Bombora Wave Power

Bombora Wave Power has successfully raised a total of $8.42M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $4.82 million completed in January 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Bombora Wave Power

Bombora Wave Power has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Mitsui OSK Lines, Development Bank of Wales and Enzen.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Cleantech sector funding is provided via venture capital investments.
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Provider of equity funding and business & property development loans
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Infrastructure investments are directed across transportation and logistics sectors.
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Investor details for Bombora Wave Power

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Investments & Acquisitions by Bombora Wave Power

Investments
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Investment portfolio details for Bombora Wave Power

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Financial Statements - Bombora Wave Power

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Detailed financials for Bombora Wave Power

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Bombora Wave Power Comparisons

Bombora Wave Power Primary company
Description
Wave energy is captured via seafloor pressure using inflatab...
Location
Bentley, Australia
Founded Year
2011
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Bombora Wave Power

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Competitors of Bombora Wave Power

Bombora Wave Power operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Carnegie Clean Energy, Ocean Power Technologies, Marine Power Systems, Eco Wave Power and AW-Energy, among others.

Company Name Domain Founded year HQ Location Description
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CETO wave energy converters and solar PV systems are provided.
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Ocean energy technologies are provided for intelligent maritime solutions.
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Modular technology for deep-water offshore wind deployment is engineered.
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Provider of wave power and wave energy devices
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Ocean wave energy is converted into electricity by AW-Energy's technology.
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Provider of wave energy harvesting system
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Detailed competitors of Bombora Wave Power

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Latest news on Bombora Wave Power

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Frequently Asked Questions about Bombora Wave Power

Bombora Wave Power was founded in 2011 and raised its 1st funding round 3 years after it was founded.

Bombora Wave Power is headquartered in Bentley, Australia. It is registered at Bentley, Western Australia, Australia.

Bombora Wave Power is a funded company, having raised a total of $8.42M across 7 funding rounds to date.

Founded in 2011 and based in Bentley, Australia, the company operates within the ocean energy sector. Wave pressure on the seafloor is utilized through a system of air-inflated rubber membranes attached to a concrete structure, angled toward incoming waves. Compression drives a turbine linked to a generator for electricity production, with air recycled to reinflate the membranes for ongoing cycles.

Bombora Wave Power's top competitors include Marine Power Systems, Carnegie Clean Energy and CorPower Ocean.

Bombora Wave Power offers mWave™ and Energy Solutions.

Bombora Wave Power has 6 investors. Key investors include Mitsui OSK Lines, Development Bank of Wales, Enzen, European Union, and Government of Australia.

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