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Wave power startup seeks $25m in project funding

Azura CEO Peter Jannings wants to keep his business in New Zealand but describes funding as ‘a battle’ compared with overseas.

Azura Wave Power prototype in Hawaii.

Kate McVicar Tue, 21 Oct 2025

Azura Wave Power is raising more than $20 million to help launch several projects, domestically and overseas.    

The New Plymouth-based wave energy company – also trading as Azura Ocean Technology  has developed a device capable of producing energy and desalinated water at sea, which can then

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Kate McVicar Tue, 21 Oct 2025
Contact the Writer: kate@nbr.co.nz
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Wave power startup seeks $25m in project funding
General Business,
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