About Eco Wave Power
Eco Wave Power is a company based in Tel Aviv (Israel) founded in 2011. Eco Wave Power has raised $5 million across 9 funding rounds from investors including UK Research and Innovation, European Union and PortXL. The company has 12 employees as of December 31, 2024. Eco Wave Power offers products and services including Wave Energy System. Eco Wave Power operates in a competitive market with competitors including Carnegie Clean Energy, Ocean Power Technologies, Marine Power Systems, AW-Energy and Oscilla Power, among others.
- Headquarter Tel Aviv, Israel
- Employees 12 as on 31 Dec, 2024
- Stage Public
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Sectors
Energy & Utilities
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Email
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Phone
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Website
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Social
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- Legal Name Eco Wave Power Global Ab Sponsored Adr
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Annual Revenue
$167.66 K (USD)-45.31as on Dec 31, 2024
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Net Profit
-$2.07 M (USD)-20.99as on Dec 31, 2024
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EBITDA
-$2.3 M (USD)-2.33as on Dec 31, 2024
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Total Equity Funding
$5 M (USD)
in 9 rounds
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Latest Funding Round
$1.89 M (USD), Grant
Feb 08, 2024
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Investors
UK Research and Innovation
& 4 more
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Employee Count
12
as on Dec 31, 2024
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IPO & Listings of Eco Wave Power
Eco Wave Power is a publicly listed company on the NASDAQ with ticker symbol WAVE in USA, operating in the Utilities sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Eco Wave Power
Eco Wave Power offers a comprehensive portfolio of products and services, including Wave Energy System.
Generates electricity from ocean waves using patented onshore devices
People of Eco Wave Power
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Funding Insights of Eco Wave Power
Eco Wave Power has successfully raised a total of $5M across 9 strategic funding rounds. The most recent funding activity was a Grant round of $1.89 million completed in February 2024. 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 Eco Wave Power
Eco Wave Power has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include UK Research and Innovation, European Union and PortXL.
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Government agency and accelerator focusing on innovative startups and SMEs
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Maritime startups are accelerated through focused investment programs.
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Investor details for Eco Wave Power
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Investments & Acquisitions by Eco Wave Power
Investment portfolio details for Eco Wave Power
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Financial Statements - Eco Wave Power
Detailed financials for Eco Wave Power
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Eco Wave Power Comparisons
Peer comparison for Eco Wave Power
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Competitors of Eco Wave Power
Eco 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, AW-Energy and Oscilla Power, 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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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 Eco Wave Power
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Latest news on Eco Wave Power
Complete news archive for Eco Wave Power
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Frequently Asked Questions about Eco Wave Power
Eco Wave Power was founded in 2011 and raised its 1st funding round 4 years after it was founded.
Eco Wave Power is headquartered in Tel Aviv, Israel.
Eco Wave Power is a funded company, having raised a total of $5M across 9 funding rounds to date.
As of Dec 31, 2024, the latest employee count at Eco Wave Power is 12.
Annual revenue of Eco Wave Power is $167.66K as on Dec 31, 2024.
Eco Wave Power was established in 2011 in Tel Aviv, Israel, within the renewable energy sector focused on wave power technology. Devices equipped with automatic control systems are deployed on existing breakwaters, piers, and fixed or floating platforms. Energy from waves is harnessed through buoys, clappers, and power wings that respond to motion, water level shifts, and hydraulic forces, enabling conversion to electricity for various applications.
Eco Wave Power's top competitors include Marine Power Systems, Carnegie Clean Energy and CorPower Ocean.
Eco Wave Power offers Wave Energy System.
Yes, Eco Wave Power is publicly traded on NASDAQ under the ticker symbol WAVE.
Eco Wave Power has 5 investors. Key investors include UK Research and Innovation, European Union, PortXL, EIC Fund, and Pirveli Ventures.
The ticker symbol of Eco Wave Power is WAVE on NASDAQ.