Wavepiston

Gribskov, Denmark Founded: 2006 • Age: 20 yrs
Wave energy is generated via buoy-anchored wire systems.
Annual revenue - Latest available
Total funding $7.5M 14 rounds
Employees 9 Tracked headcount
Investors 3 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About Wavepiston

Wavepiston is a company based in Gribskov (Denmark) founded in 2006 by Martin Von Bulow and Kristian Glejbol. Wavepiston has raised $7.46 million across 14 funding rounds from investors including European Union, The Blue Line and EIC Fund. The company has 9 employees as of December 31, 2022. Wavepiston offers products and services including Wave Energy System, Energy Collector, and Desalination System. Wavepiston operates in a competitive market with competitors including Ocean Power Technologies, Carnegie Clean Energy, Marine Power Systems, CorPower Ocean and Floating Power Plant, among others.

  • Headquarter Gribskov, Denmark
  • Employees 9 as on 31 Dec, 2022
  • Founders Martin Von Bulow, Kristian Glejbol
  • Stage Minicorn
  • Sectors
    Energy & Utilities
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Wavepiston A/S
Operational Areas
Energy & Utilities → Renewable & Clean Energy Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    -$1.24 M (USD)
    -73
    as on Dec 31, 2022
  • EBITDA
    -$1.48 M (USD)
    -151
    as on Dec 31, 2022
  • Total Equity Funding
    $7.46 M (USD)

    in 14 rounds

  • Latest Funding Round
    $980 K (USD), Seed

    Mar 12, 2025

  • Investors
  • Employee Count
    9

    as on Dec 31, 2022

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Products & Services of Wavepiston

Wavepiston offers a comprehensive portfolio of products and services, including Wave Energy System, Energy Collector, and Desalination System.

Product name locked
Category locked
Primary

Modular system generating clean electricity from ocean waves

Product name locked
Category locked
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Component for capturing wave energy with low maintenance

Product name locked
Category locked
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Integrated setup producing desalinated water via wave power

People of Wavepiston

Headcount 1-10
Employee Profiles 11
Employee Profiles
People
Martin von Bülow
Chief Specialist
People
Michael Henriksen
CEO
People
Mats Borgstrøm
Business Analyst
People
Kristian Glejbøl
Lead Engineer

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Funding Insights of Wavepiston

Wavepiston has successfully raised a total of $7.46M across 14 strategic funding rounds. The most recent funding activity was a Seed round of $980 thousand completed in March 2025. 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 Wavepiston

Wavepiston has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union, The Blue Line and EIC Fund.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Government agency and accelerator focusing on innovative startups and SMEs
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-
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Investor details for Wavepiston

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Investments & Acquisitions by Wavepiston

Investments
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Investment portfolio details for Wavepiston

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Financial Statements - Wavepiston

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Detailed financials for Wavepiston

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Wavepiston Comparisons

Wavepiston Primary company
Description
Wave energy is generated via buoy-anchored wire systems.
Location
Gribskov, Denmark
Founded Year
2006
Annual Revenue
Not available
Net Profit
-$1.24 M (USD)
EBITDA
-$1.48 M (USD)
Employees
9
As of 2022
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Peer comparison for Wavepiston

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Competitors of Wavepiston

Wavepiston 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 Ocean Power Technologies, Carnegie Clean Energy, Marine Power Systems, CorPower Ocean and Floating Power Plant, among others.

Company Name Domain Founded year HQ Location Description
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Ocean energy technologies are provided for intelligent maritime solutions.
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CETO wave energy converters and solar PV systems are provided.
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Modular technology for deep-water offshore wind deployment is engineered.
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Wave energy converter solutions provider
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Floating wind and wave energy systems are developed and deployed.
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Hydrokinetic turbines and semi-submerged platforms are provided.
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Detailed competitors of Wavepiston

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Latest news on Wavepiston

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Complete news archive for Wavepiston

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Frequently Asked Questions about Wavepiston

Wavepiston was founded in 2006 and raised its 1st funding round 9 years after it was founded.

Wavepiston is headquartered in Gribskov, Denmark.

Wavepiston is a funded company, having raised a total of $7.46M across 14 funding rounds to date.

As of Dec 31, 2022, the latest employee count at Wavepiston is 9.

Wavepiston was founded in 2006 in Gribskov, Denmark, focusing on the renewable energy sector through wave power technology. A steel wire is tensioned between two anchored buoys, with energy collectors positioned along it like beads on a string. As waves pass, the collectors are displaced, driving the pumping of seawater through a pipe to produce electricity. Operations center on this horizontal motion for sustainable power generation in coastal areas.

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

Wavepiston offers Wave Energy System, Energy Collector, and Desalination System.

Wavepiston has 3 investors. Key investors include European Union, The Blue Line, and EIC Fund.

The valuation of Wavepiston is $13.62M as of Jul 2022.

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