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Swedish wave energy firm CorPower Ocean selected for EIC Scaling Club

Energize Editors

Energize Editors

CorPower Ocean today announced that it has been selected by the EIC Scaling Club as one of the highest-potential European deep tech scale-ups poised to make a positive, global impact.

The EIC Scaling Club today unveiled the selection of the first 48 European deep tech scale-ups to join its curated community of standout companies, investors, corporate innovators, mentors, media firms and other industry stakeholders. CorPower Ocean will join the international high-level network effective immediately.

Ahead of the ‘Ignition Forum’ event held on 9-10 April in Brussels and Leuven, Belgium, the EIC Scaling Club shared the 48 names of the initial cohort of deep tech scale-ups that stand to benefit from its wide range of services.

CorPower Ocean was carefully selected based on a number of factors and falls one within four predefined market sector opportunities, namely Renewable Energies.

In total, ten market sector opportunities have been identified as crucial for positive impact; others include Clean Fuels & Hydrogen, New Space Tech and New Biotech Platforms.

Backed by the European Innovation Council, the flagship programme of the European Commission with a budget north of €10 billion, the EIC Scaling Club’s mission is to significantly grow the value of the selected world-class businesses and help maximise their positive impact on a global level.

The EIC Scaling Club will assist CorPower Ocean and the other hand-picked deep tech scale-ups with fundraising support, leadership mentoring and coaching, corporate partnership identification and matchmaking, media visibility, recruitment, and much more.

CorPower Ocean will be part of an esteemed community that will grow to 120+ deep tech champions in the near future, which the EIC Scaling Club will surround with hundreds of the world’s leading investment firms, corporations, media representatives, vetted business mentors and other industry stakeholders.

“On behalf of all the partners working together to turn the EIC Scaling Club into a ‘catalyst for scale’, we welcome the first 48 companies into the fold and are delighted that CorPower Ocean is part of the mix. In unison with our investor, corporate, mentor and media stakeholder members, we will ensure that the selected deep tech companies derive as much value for their businesses as possible, as fast as possible,” said William Stevens, co-founder and group managing director of Tech Tour, coordinator of the EIC Scaling Club.

“Time is of the essence when building category leaders in the deep tech sector, and our goal is to accelerate our company members on their scale-up journey,” added Stevens.

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