Bombora wave power

Bombora wave power

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DateInvestorsAmountRound

N/A

Grant

AUD48.3k

Grant
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N/A

Early VC

N/A

Debt
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£3.5m

Early VC
Total FundingAUD7.3m

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Bombora Wave Power is a pioneering ocean energy company that develops innovative wave energy solutions to harness the power of the ocean for electricity generation. Founded in 2012 in Perth, Western Australia, Bombora aims to unlock the environmental and economic potential of ocean energy, contributing to the renewable energy mix alongside wind and solar power. The company operates in the renewable energy market, focusing on utility-scale wave power projects. Bombora collaborates with strategic partners and the supply chain to bring its patented mWave technology to life, which is designed to be a reliable, robust, and cost-efficient source of electricity. The business model involves developing and deploying wave energy converters, generating revenue through the sale of electricity and technology licensing. Bombora serves utility companies, governments, and organizations looking to invest in sustainable energy solutions. The company has formed strategic partnerships with industry leaders like TechnipFMC and Mitsui O.S.K. Lines to explore marine energy project opportunities globally.

Keywords: wave energy, ocean power, renewable energy, mWave technology, utility-scale, electricity generation, strategic partnerships, sustainable energy, marine energy, technology licensing.

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