Eco Wave Power
Wave Energy Conversion Systems
StartupEco Wave Power is a Tel Aviv-Yafo-based startup in the Energy Tech sector, established in 2011. Wave Energy Conversion Systems. The company has raised a total of $23.54M across 9 funding rounds, currently at the Public stage. Eco Wave Power was founded by David Leb and Inna Braverman. Key investors include Pirveli Ventures. The company has 11-50 employees.
With $23.54M in total funding, Eco Wave Power is a Public-stage company operating in Energy Tech. The company follows a B2G/B2B business model. Product stage: Released. The company holds 1 patent. Eco Wave Power is identified as relevant to climate technology.
- StagePublic
- ProductReleased
- ModelB2G, B2B
- Employees11-50
- HQTel Aviv-Yafo
- DistrictCenter District
- Last Round$3M
- Pirveli VenturesLead
David LebCo-founder & Board member
Inna BravermanCo-founder & CEO
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What does Eco Wave Power do?
Eco Wave Power develops and operates wave energy conversion systems to generate electricity from ocean waves. The company's technology uses floating platforms with hydraulic pumps that convert the up-and-down motion of ocean waves into pressurized fluid, which drives turbines to generate electricity. The company aims to provide clean and renewable energy solutions to coastal communities. Eco Wave Power's technology was named a pioneering technology by Israel's Ministry of Energy and an efficient solution by the Solar Impulse Foundation. Its project in Gibraltar has received funding from the European Union Regional Development Fund and from the European Commission's Horizon 2020 framework program. The company was also the recipient of the Europe New Product Innovation Award by Frost & Sullivan in 2012 and a United Nations Global Climate Action Award in 2019.
How much funding has Eco Wave Power raised?
Eco Wave Power has raised $23.54M in total funding across 9 rounds. The company is currently at the Public stage. Key investors include Pirveli Ventures.
Who founded Eco Wave Power?
Eco Wave Power was founded in 2011 by David Leb (Co-founder & Board member), Inna Braverman (Co-founder & CEO ).
What sector is Eco Wave Power in?
Eco Wave Power operates in Climate Tech, Energy Transition, Clean Energy Generation, Energy Tech, Energy Production & Sources. Target customers: Energy, Utilities & Waste Management, Utilities, Electricity.
Where is Eco Wave Power located?
Eco Wave Power is based in Derech Menachem Begin 52, Tel Aviv-Yafo, Israel, Center District. The company also has offices abroad.