OE Systems AB
Stable and cost-efficient wave energy as standalone or boosting wind turbines
Göteborg, Sweden · Founded 2023 · $100K raised
- Headquarters
- Göteborg
- Employees
- 1–10
- Founded
- 2023
- Business Model
- B2B
- Website
- oe-systems.com
- Total Funding
- $100K
- Rounds
- 1
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
OE Systems AB develops WaveMove®, a wave energy converter that generates stable, cost-efficient electricity from ocean waves. The system uses a surface collector that dampens wave motion through hydraulic cylinders driving a pump/generator, operating either as a standalone unit or integrated with offshore wind turbines to increase energy delivery to the grid. WaveMove® is available in sizes from 70 kW to 3,000 kW per surface collector and can be clustered to gigawatt scale. The company provides full project delivery from site assessment and permitting through installation, commissioning, and lifetime monitoring and optimization.
Summary
OE Systems AB is a Clean Tech company based in Göteborg, Sweden, founded in 2023. It has raised $100K in total across 1 round. Investors include Techstars.
Tech & App Stack
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Funding History
Investors
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