Ben Jen Holdings SLLC

Oscilla Power

Industry: Energy
Investment Status: Current

Seattle-based Oscilla Power is developing energy conversion equipment to harness the power of ocean waves. The Triton, the company’s flagship wave energy converter, has undergone years of concept development, product validation, laboratory, and small-scale ocean trials to test its viability. Since inception in 2009, Oscilla Power has earned many notable highlights, including:

  • Earned commitments for more than $15 million in grant funding for its novel wave energy conversion technology, with funding allocated based on matching private funding and product milestones
  • 16 granted patents related to its technology and product design
  • Constructing a community-scale Triton-C deployment at the Kaneohe Marine Corps base in Hawaii, with an expected launch in Q1 2021
  • Earned grant funding from the U.S. Department of Energy, the Washington State Department of Commerce, National Science Foundation, and the National Oceanic and Atmospheric Administration