Wavegarden

What Wavegarden does

Wavegarden is a privately held Spanish technology company headquartered in San Sebastian (Basque Country) that designs, manufactures, and licenses wave generation systems for artificial surf parks. Its flagship product, the Wavegarden Cove, is a modular electromechanical system available in 46-, 52-, 56-, and 62-module configurations that produces up to 1,000 waves per hour by displacing water particles in a manner analogous to ocean swells. The system is paired with a patented bathymetry design, an in-house water treatment system, and the CheckMySurf | Surf Eye AI module for automated video capture, 3D biomechanical coaching, operational intelligence, and safety monitoring. A private R&D facility, Wavegarden Lab, hosts a 39-module test lagoon that has accumulated millions of wave cycles of empirical data over more than a decade.

The company sells primarily to enterprise customers — surf resort developers, real estate developers, and premium lifestyle operators — through a direct B2B sales motion that bundles the Cove hardware with engineering, masterplanning, viability studies, civil works design, and ongoing operations support. Revenue is generated from equipment sales/licensing, professional engineering services, and recurring Maintenance and License Agreements (MLAs) that deliver continuous wave-setting refinements and software upgrades across the installed base. Wavegarden reports 12 operating surf parks across 4 continents, a pipeline of 10 parks under construction in Brazil, Australia, the USA, and Europe, and a customer roster that includes Atlantic Park (USA, $350M development), URBNSURF (Australia), Lost Shore (Scotland), Alaïa Bay (Switzerland), and Beyond The Club (Brazil). Recent strategic moves include a partnership with racetrack designer Tilke to co-develop motorsport-and-surf resorts and integration of Surf Eye's AI vision platform into the standard product offering.

Name

Wavegarden

Legal name

WAVEGARDEN S.L.U.

Website

https://wavegarden.com

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

11–50 employees

Short description

Wavegarden is a Spanish B2B technology company that designs and licenses modular electromechanical wave generation systems (the Wavegarden Cove) and engineering services to enterprise developers building artificial surf parks across four continents.

Ownership category

akta.pro rank

Product category

Surf park wave generation technology

NAICS

Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals (334515)

SIC

Industrial Instruments For Measurement, Display, And Control (3823)

akta.pro primary industry

Surfing & Kitesurfing Experiences (Lessons, Camps) (THAJAJAJ)

akta.pro secondary industries

Integrated Marine Electrical Systems & Switchboards (IMAJAJAA), Surf Schools & Surf Camps (THAAAKAC)

Keywords

• Artificial wave technology
• Surf park systems
• Wave generation systems
• Surfing lagoon engineering
• Wave pool manufacturing

Headquarters

HQ city

Donostia-san Sebastián

HQ country

Spain

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Technology or R&D, Supply Chain, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Wave Generation Technology Licensing: Sale and licensing of Wavegarden Cove wave generation systems to developers and investors building surf parks. Includes the core electromechanical wave generator, patented bathymetry, and control systems.
2. Engineering and Development Services: Complete engineering solutions including fluid dynamics, masterplan design, viability studies, civil works, water treatment system design, and construction verification.
3. Technical Service and Maintenance: Ongoing technical support, operations support, and Maintenance and License Agreements (MLA) that provide continuous innovation, wave setting refinements, lagoon design updates, and technological innovations.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Wavegarden designs, manufactures, and installs the Wavegarden Cove, a patented modular electromechanical wave generation system used in commercial surf parks and surfing lagoons. The company sells the hardware along with engineering, development services, ongoing operational support, and Maintenance and License Agreements to enterprise developers and operators worldwide. Complementary products include the CheckMySurf | Surf Eye AI video coaching platform and an in-house water treatment system.

Product overview

Wavegarden is a technology company that has developed the Wavegarden Cove, a modular electromechanical wave generation system for surf parks. The core product generates up to 1000 waves per hour and is available in 46, 52, 56, and 62-module configurations depending on facility size and requirements. The ecosystem includes the CheckMySurf | Surf Eye AI-powered video coaching system (integrated into the wave generator), the Water Treatment System, and comprehensive Development Services, Operational Support, and Technical Service offerings. The Wavegarden Lab serves as the private R&D facility. The company operates 12 surf parks globally with 10 under construction in Brazil, Australia, USA, and Europe.

Differentiator

Problem solved

Functional benefit

Products and services

• Wavegarden Cove

Quantifiable outcome

• 99.9% machine availability with 20+ year lifespan
• +4 more outcomes

Named customers10 records

Segments4 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability5 records

Feature6 records

Partnerships

Two partnerships are on record, tiered core and strategic.

• Surf EyecoreTechnology or Integration · 26 March 2026Wavegarden partnered with Surf Eye to upgrade its CheckMySurf video and coaching system. The collaboration integrates Surf Eye's AI-driven video technology with Wavegarden's wave generator systems, enhancing operational, safety, and engagement features. Includes automated 3D biomechanical analysis, real-time replays, operational intelligence, and safety monitoring. System will be included as standard in new Wavegarden projects.
• TilkestrategicStrategic or Co-development Partner · 20 November 2025Wavegarden partnered with Tilke, the German engineering and architecture company specializing in racetrack design, to launch innovative sports resorts combining private racing circuits with Wavegarden surf lagoons. Each resort will feature Wavegarden's Cove technology generating 25+ wave types. Tilke has 18 private racetracks in operation, 5 under construction, and 27 in development worldwide. Fernando Odriozola, CCO of Wavegarden, stated this collaboration enhances member experience while attracting broader audience.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• Surf Loch: Pneumatic wave generation technology for surf parks and attractions; an emerging competitor with overlapping customer base but smaller installed base than Wavegarden.

Direct peers

• American Wave Machines: Creator of the PerfectSwell wave system, a pneumatics-based technology competing against Wavegarden Cove for the same surf park and resort developer customers globally.
• Kelly Slater Wave Company: Develops the Surf Ranch wave technology used by the WSL, directly competing with Wavegarden Cove for premium surf park developer contracts. Closest direct rival in the artificial surfing wave category.
• Endless Surf (WhiteWater): WhiteWater's deep-water wave system targeting the same surf park and waterpark developer segment; competes head-to-head with Wavegarden Cove on modularity and wave variety.

Others

• Wavegarden Cove operators (URBNSURF): Australian surf park operator running Wavegarden Cove systems; a downstream customer/operator rather than competitor, useful as a comparable for surf park unit economics.
• Tilke (motorsport engineering): Wavegarden's motorsport partner — designs racetracks globally. Relevant adjacency given their joint motorsport-surf resort initiative that could compete for premium lifestyle resort capex.

Broad incumbents

• Disney (Typhoon Lagoon / Walt Disney World water parks): Operates large-scale themed water parks with wave pools; an incumbent in leisure water experiences with the financial scale to in-house or procure wave technology at scale.
• WhiteWater West: Major waterpark equipment manufacturer whose Endless Surf product competes with Wavegarden in the surf park segment; broader portfolio of water rides, slides and aquatic facilities.
• Polin Waterparks: Global waterpark slide and aquatic attractions manufacturer with wave pool capabilities; serves an overlapping leisure developer customer base with broader waterpark portfolio.

Regional players

• Murphys Waves: Australian wave pool technology provider; comparable offering to Wavegarden Cove with primary focus on Australia and Asia-Pacific surf park developments.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/user/wavegarden
• Xx.com/wavegarden
• Facebookfacebook.com/wavegarden
• LinkedInlinkedin.com/company/wave-garden

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds2 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Wavegarden