Wedge Global
Wedge Global is a Madrid-based, privately held engineering company founded in 2008 that develops solutions for generating electricity from ocean waves, operating with a small team of 1-10 employees led by a CEO and COO.
- Company typePrivate
- Founded2008
- HeadquartersMadrid, Spain
- Headcount1–10
- GTM typeB2B
- OfferingHardware or Manufacturing
What Wedge Global does
Wedge Global is a privately held, for-profit engineering company that develops solutions for generating electricity from ocean waves. According to its firmographic record, the company was founded in 2008 and is headquartered in Madrid, Spain, with a lean team of 1-10 employees. Its stated functional focus is wave-energy conversion technology — a capital-intensive, deep-clean-tech category where commercial scale typically requires multi-year R&D and marine pilots.
The firm is led by Francisco Garcia Lorenzo as Chief Executive Officer and Aleix Jesus Maria Arenas as Chief Operating Officer. Beyond this leadership structure and the company's wave-energy positioning, the input materials provide no documented detail on the specific device architecture (e.g., oscillating water column, point absorber, overtopping device), proprietary components, intellectual property portfolio, pilot deployments, offtake arrangements, pricing, or revenue model. The source materials that were intended to populate product, technology, customer, funding, and partnership fields returned loading or verification screens with no substantive content, so these dimensions cannot be characterized from the available data.
No customers, commercial partners, awards, certifications, patents, regulatory milestones, or funding events are disclosed in the aggregated source material. Consequently, the company's monetization mechanics — whether it sells turnkey devices, licenses technology, earns royalties, operates its own arrays under power purchase agreements, or relies on public R&D grants — cannot be determined. From an investment-analytics standpoint, Wedge Global is best characterized at present as a small, long-standing wave-energy technology developer whose commercial posture, capital structure, and go-to-market strategy remain unverified by the data on hand.
Wedge Global firmographics
Firmographics- Name
- Wedge Global
- Website
- https://wedgeglobal.com
- Company type
- Private
- Founded year
- 2008
- Headcount range
- 1–10 employees
- Short description
- Wedge Global is a Madrid-based, privately held engineering company founded in 2008 that develops solutions for generating electricity from ocean waves, operating with a small team of 1-10 employees led by a CEO and COO.
- Ownership category
- akta.pro rank
Wedge Global industry classification
Industry- Product category
- Wave Energy / Ocean Power Generation
- NAICS
- Hydroelectric Power Generation (221111), Electric Power Generation, Transmission and Distribution (2211)
- SIC
- Cogeneration Services & Small Power Producers (4991)
- akta.pro primary industry
- Wave Energy Converter (WEC) Power Generation (EUACAJAC)
- akta.pro secondary industries
- Marine & Hydrokinetic R&D (Tidal, Wave, River Current, OTEC) (EUAMAOAD), Marine Power Generation & Energy Storage (Generators, Batteries, UPS) (IMAJAJAB), Electrical Engineering & Power Distribution (Generation, Switchboards, Cabling, Lighting) (IMAJAGAF)
Keywords
Where Wedge Global is headquartered
LocationHeadquarters
- HQ city
- Madrid
- HQ country
- Spain
- HQ region
- Europe
Markets served
Wedge Global business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Technology or R&D, Personnel, Operations, Supply Chain
Wedge Global product offering
Product offeringCore offering
Wedge Global develops solutions for generating electricity from ocean waves. The company focuses on marine/wave energy conversion technology to produce renewable electrical power from ocean wave motion, targeting the marine renewable energy sector.
Product overview
No product information available. The source content shows only a website loading/verification screen without access to actual company information.
Differentiator
Problem solved
Functional benefit
Products and services
- Wave Energy Electricity Generation Solution
Companies that use Wedge Global
Customer profileIdeal customer profiles1 record
Wedge Global technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Wedge Global partnerships and signals
Strategic signalExpansion highlights1 record
Wedge Global competitors and assessment
Company assessmentDirect peers
- CorPower Ocean: Sweden-based WEC developer commercializing a point-absorber wave energy converter. Directly comparable to Wedge Global in technology category (wave energy), stage (pre-commercial/pilot), and target market (utility-scale marine renewable generation).
- Ocean Power Technologies: US-listed developer of wave energy devices (PowerBuoy) for offshore applications. Direct peer in WEC power generation with comparable technology approach and similar commercial-stage challenges.
- Wave Swell Energy: Australian WEC developer with a uni-directional oscillating water column. Direct peer in wave energy technology, comparable in scale and pre-commercial stage.
- Bombora Wave Power: Wales/Australia-based WEC developer with a submerged membrane device. Direct peer in wave energy converter technology with similar commercialization-stage profile.
- Mocean Energy: Scotland-based wave energy startup developing the Blue Star WEC. Direct peer in WEC technology, with similar small-team, pre-commercial-stage profile and European operating base.
- Eco Wave Power: Israeli-Swedish wave energy company with installed shore-connected pilots. Directly comparable as a small-cap WEC specialist pursuing grid-connected wave energy commercialization, with similar pre-revenue / early-revenue profile.
- CalWave Power Technologies: US (California) WEC developer with a submerged point-absorber device. Direct peer in wave energy conversion technology, comparable in stage and capitalization profile.
- AW-Energy: Finland-based WEC developer with the WaveRoller submerged device. Direct peer in marine wave-to-electricity conversion with comparable technology focus and European operating geography.
Broad incumbents
- Carnegie Clean Energy: Australian-listed renewable energy company historically anchored by its CETO wave energy technology. Broader incumbent now pivoting to other renewables; relevant as a comparative reference for WEC commercialization risk and exit dynamics.
Emerging players
- SINN Power: Germany-based marine renewable developer with floating WEC modules. Comparable in WEC technology focus and European base, though with a slightly different modular deployment model.
Market position
Strengths3 records
Weaknesses3 records
Competitive moat2 records
Key risks5 records
Key highlights4 records
Customer concentration
Wedge Global social profiles
Digital presenceWedge Global financial estimates
Financial estimateRevenue estimate
Valuation estimate
Wedge Global leadership team
Management profileNumber of profiles
Profiles2 records
Wedge Global funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Wedge Global M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Wedge Global
What does Wedge Global do?
Wedge Global develops solutions for generating electricity from ocean waves. The company focuses on marine/wave energy conversion technology to produce renewable electrical power from ocean wave motion, targeting the marine renewable energy sector.
When was Wedge Global founded?
Wedge Global was founded in 2008. It employs 1 to 10 people.
Where is Wedge Global based?
Wedge Global is headquartered in Madrid, Spain, in the Europe region.
Who are Wedge Global's main competitors?
Direct peers on record are CorPower Ocean, Ocean Power Technologies, Wave Swell Energy, Bombora Wave Power, Mocean Energy, Eco Wave Power, CalWave Power Technologies and AW-Energy. Carnegie Clean Energy is listed as a broad incumbent. SINN Power is listed as an emerging player.
Does Wedge Global have an API?
No public API is recorded for Wedge Global.
What industry is Wedge Global in?
Wedge Global's product category is Wave Energy / Ocean Power Generation. Its primary akta.pro industry code is EUACAJAC, Wave Energy Converter (WEC) Power Generation, with a secondary code of EUAMAOAD, Marine & Hydrokinetic R&D (Tidal, Wave, River Current, OTEC). Its NAICS code is 221111 and its SIC code is 4991.