Bombora Wave Power

WEC from wave pressure on the seafloor. It is an ocean energy company that harnesses the vast potential of wave energy in the form of pressure on the seafloor. It features a series of air-inflated rubber membranes mounted to a concrete structure on the seafloor, all arranged at an angle to the incoming waves. The turbine spins a generator to produce electricity. The air is then recycled to reinflate the membranes ready for the next wave. Founded in 2011, headquartered in Bentley, Australia. The company operates in the Energy Storage Tech sector with additional focus on Renewable Energy Tech and Renewable Energy Tech. Its business model centers on Seafloor Mounted. Founded in 2011, headquartered in Bentley, Australia. The company has raised $8.4M at the Series B stage. Backed by investors including Enzen, Australian Renewable Energy Agency, Government of Australia, Development Bank of Wales, Europa and others.