CalWave Analysis: $13M Raised
What is CalWave?
Proprietary wave energy converter technology with 99% uptime in field trials
Location
Oakland, United States
Employees
11-50
Founded
2014
Product Features & Capabilities
- xWave Series wave energy converters
- Field-tested in California and British Columbia
Use Cases
Power coastal communities with reliable, local energy; Deploy in storm-prone coastal regions; Provide clean energy during nighttime and winter months
Other Considerations
Successfully completed historic wave energy pilot in California with 99% uptime; Selected as technology provider for wave energy project in British Columbia; California enacts landmark wave energy legislation; Partners with US Department of Energy and UC Berkeley; Featured in Forbes, The Economist, and Reuters
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