CorPower Ocean selected from 600 firms for Sweden Sustaintech Venture Day

CorPower Ocean has been selected from 600 companies to appear at the forthcoming Sweden Sustaintech Venture Day.

The event, taking place on March 22 at Norra Latin in Stockholm, is considered one of the leading Swedish capital market days for scale-up sustaintech companies to meet Swedish and international investors.

It presents a unique opportunity to meet carefully selected sustaintech companies that show rapid sales growth and have matured beyond seed investment stage – from A round level companies to recently listed companies in a variety of sustaintech sectors.​

A total of 600 Sustaintech companies were initially reviewed before reaching a final selection of 140 firms, based on criteria including a viable product/service to sell and an international business model.

CorPower will appear as one of 31 carefully selected unlisted Sustaintech companies, presenting its own specific business case for the role of wave energy, and its impact on the future energy transition.

Linda Krondahl, Project Manager for Sweden Sustaintech Venture Day, said: “Now more than ever it is clear that we need to let ourselves loose from dependence of fossil energy, not just for the climate, but also to not be politically tied to undemocratic and totalitarian regimes. We are happy that we this year chose the theme Electrification and there are many interesting things to discuss in the light of the world’s development right now. It is also highly relevant that the event will be inaugurated by our Minister of Energy Mr Khashayar Farmanbar.”

The event is being staged by Stockholm Innovation and Growth (Sting), the Swedish Energy Agency, City of Stockholm, Cleantech Scandinavia, NEFCO, Tillväxtverket, ABG Sundahl Collier, SEB, Nasdaq and Realtid with ABI Artic Business Incubator, LEAD, Chalmers Ventures, Ideon Innovation, Uppsala Innovation Center, Create and Sting Bioeconomy.

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