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
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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
*********
- Legal Name Wavepiston A/S
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Annual Revenue
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Net Profit
$-1.24 M (USD)-73as on Dec 31, 2022
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EBITDA
$-1.48 M (USD)-151as on Dec 31, 2022
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Total Equity Funding
$7.46 M (USD)
in 14 rounds
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Latest Funding Round
$980 K (USD), Seed
Mar 12, 2025
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Investors
European Union
& 2 more
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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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Modular system generating clean electricity from ocean waves
Component for capturing wave energy with low maintenance
Integrated setup producing desalinated water via wave power
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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.
- Total Funding Total Funding
- Total Rounds 14
- Last Round Seed — $980,000
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First Round
First Round
(01 Feb 2015)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2025 | Amount | Seed - Wavepiston | Valuation |
investors |
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| Mar, 2023 | Amount | Seed - Wavepiston | Valuation |
investors |
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| Jul, 2022 | Amount | Seed - Wavepiston | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Government agency and accelerator focusing on innovative startups and SMEs
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Wavepiston
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Wavepiston
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Wavepiston Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Ocean energy technologies are provided for intelligent maritime solutions.
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| domain | founded_year | HQ Location |
CETO wave energy converters and solar PV systems are provided.
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| domain | founded_year | HQ Location |
Modular technology for deep-water offshore wind deployment is engineered.
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| domain | founded_year | HQ Location |
Wave energy converter solutions provider
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| domain | founded_year | HQ Location |
Floating wind and wave energy systems are developed and deployed.
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| domain | founded_year | HQ Location |
Hydrokinetic turbines and semi-submerged platforms are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Wavepiston
Frequently Asked Questions about Wavepiston
When was Wavepiston founded?
Wavepiston was founded in 2006 and raised its 1st funding round 9 years after it was founded.
Where is Wavepiston located?
Wavepiston is headquartered in Gribskov, Denmark.
Is Wavepiston a funded company?
Wavepiston is a funded company, having raised a total of $7.46M across 14 funding rounds to date. The company's 1st funding round was a Seed of $612.13K, raised on Feb 01, 2015.
How many employees does Wavepiston have?
As of Dec 31, 2022, the latest employee count at Wavepiston is 9.
What does Wavepiston do?
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.
Who are the top competitors of Wavepiston?
Wavepiston's top competitors include Marine Power Systems, Carnegie Clean Energy and CorPower Ocean.
What products or services does Wavepiston offer?
Wavepiston offers Wave Energy System, Energy Collector, and Desalination System.
Who are Wavepiston's investors?
Wavepiston has 3 investors. Key investors include European Union, The Blue Line, and EIC Fund.
What is Wavepiston's valuation?
The valuation of Wavepiston is $13.62M as of Jul 2022.
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