Oscilla Power
Seattle, US · Delaware corporation
Oscilla Power develops wave energy technology designed to capture ocean wave energy with a focus on reliability and survivability. Its systems target the energy, defense, homeland security, and oceanography markets.
Founders & leadership
NB
Nair BalakrishnanFounder
RS
Rahul ShendureExecutive
Board
KM
Kristin MartinezBoard director
Reported raises · per SEC filings
Form D private placements$3.5M disclosed across 4 rounds · 2013–2021
▶$843.1KraisedJul 2021 · 15 investors · Other TechnologyRule 506(b)
▶$843.1KraisedJul 2021 · 15 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Rahul ShendureDirector
- Kristin MartinezDirector
- Balakrishnan NairExecutive Officer, Director
- Rick LuebbeDirector
- Offering amount
- $843.1K
- Amount sold
- $843.1K
- First sale
- Jun 2021
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$100KraisedMay 2021 · 4 investors · Other TechnologyRule 506(b)
▶$100KraisedMay 2021 · 4 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Balakrishnan NairExecutive Officer, Director
- Rahul ShendureDirector
- Rick LuebbeDirector
- Kristin MartinezDirector
- Offering amount
- $1.5M
- Amount sold
- $100K
- Minimum investment
- $25K
- First sale
- May 2021
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$405KraisedSep 2015 · 7 investors · Other TechnologyRule 506(b)
▶$405KraisedSep 2015 · 7 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Kristin MartinezDirector
- Rick LuebbeDirector
- Meredith FisherDirector
- Balakrishnan NairExecutive Officer, Director
- Rahul ShendureExecutive Officer, Director
- Offering amount
- $1M
- Amount sold
- $405K
- Minimum investment
- $10K
- First sale
- Aug 2015
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$2.1MraisedJan 2015 · 10 investors · Other EnergyRule 506(b)
▶$2.1MraisedJan 2015 · 10 investors · Other Energy
Rule 506(b)Officers, directors & promoters on the filing
- Nair BalakrishnanExecutive Officer, Director
- Kristin MartinezDirector
- Rahul ShendureExecutive Officer, Director
- Offering amount
- $2.1M
- Amount sold
- $2.1M
- Minimum investment
- $20K
- First sale
- Dec 2013
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Competitors · 5
by search overlap
CorPower Ocean8 shared keywordsCorPower Ocean develops wave energy converters that transform ocean waves into electricity through biologically-inspired technology. The company operates in the renewable energy sector, targeting commercial-scale wave energy deployment globally.
CalWave7 shared keywordsCalWave develops wave energy converter technology that generates power from ocean waves while withstanding storms and extreme conditions. The company designs and tests these systems as a clean energy source with a global market focus.
Cpower5 shared keywordsC-Power is an ocean power company that builds wave-energy generation systems supplying persistent power, data collection, and cloud transmission for offshore applications such as unmanned underwater and surface vehicles, autonomous maritime AI, and remote loads. It serves customers in the ocean economy, including defense and offshore operations sectors.
Panthalassa5 shared keywordsPanthalassa is building a planetary-scale clean energy platform designed to meet global energy demand through offshore deployment with zero emissions at ultra-low cost.
Amogy4 shared keywordsAmogy develops patented ammonia cracking technology that converts ammonia into electric power for hydrogen fuel cells and engines, targeting decarbonization of heavy industries including transportation and maritime. The company offers modular ammonia-to-power systems and high-efficiency catalysts as alternatives to diesel and hydrogen fuel solutions.
Companies competing with Oscilla Power for the same Google search keywords, organic and paid, via search-intersection analysis.
Non-dilutive funding · 12 SBIR/STTR awards
Federal grants — no equity taken| Agency | Phase | Year | Amount |
|---|---|---|---|
| Department of Energy | Phase II | 2023 | $1.1M |
| Department of Energy | Phase II | 2022 | $1.1M |
| Department of Energy | Phase II | 2021 | $1.1M |
| Department of Energy | Phase I | 2021 | $200K |
| Department of Energy | Phase II | 2020 | $1.1M |
| Department of Energy | Phase I | 2020 | $200K |
| Department of Energy | Phase I | 2019 | $199.4K |
| Department of Energy | Phase I | 2013 | $150K |
| Department of Energy | Phase II | 2012 | $1M |
| National Science Foundation | Phase II | 2011 | $472.3K |
| National Oceanic and Atmospheric Administration (NOAA)National Oceanic and Atmospheric Administration | Phase II | 2011 | $300K |
| Department of Energy | Phase I | 2011 | $149.9K |
Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.
Frequently asked questions
- What does Oscilla Power do?
- Oscilla Power develops wave energy technology designed to capture ocean wave energy with a focus on reliability and survivability. Its systems target the energy, defense, homeland security, and oceanography markets.
- Who founded Oscilla Power?
- Oscilla Power was founded by Nair Balakrishnan.
- How much funding has Oscilla Power raised?
- Oscilla Power has disclosed $3.5M raised across 4 rounds.
- Where is Oscilla Power headquartered?
- Oscilla Power is headquartered in Seattle, US.