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.
CleantechEnergyHardware
Founders & leadership
NB
Nair BalakrishnanExecutive Officer, Director
RS
Rahul ShendureExecutive Officer, Director
KM
Kristin MartinezDirector
Reported raises · per SEC filings
Form D private placements▶$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.
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.