How much funding has OE Systems AB raised?

OE Systems AB has raised $100K in total funding, most recently a Seed round.

Who are OE Systems AB's investors?

OE Systems AB's investors include Techstars.

When was OE Systems AB founded?

OE Systems AB was founded in 2023.

Where is OE Systems AB headquartered?

OE Systems AB is headquartered in Göteborg, Sweden.

What industry is OE Systems AB in?

OE Systems AB operates in Clean Tech, Climate Tech, Data & Analytics, Industrials, Oil & Gas.

How many employees does OE Systems AB have?

OE Systems AB has 1-10 employees.

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
Last Round: $100K Seed
Rounds: 1

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.