Flocean AS

Flocean AS

Private
OsloEnergy & Sustainabilityhttps://flocean.green

Last Round

Series A

Extension

Nov 18, 2025

Total Funding Raised

$45M

Momentum Score

75 /100

Company Overview

Flocean AS is a cleantech company that provides subsea desalination systems using natural ocean pressure to produce low-cost, low-carbon freshwater for municipal, industrial, and agricultural clients.

Sector

Energy & Sustainability

Verticals

Water Treatment, Energy Management, Clean Manufacturing

Business Model

B2G

Customer Profile

Government Contracts, Hardware Sales, Services & Consulting, Usage-Based SaaS

AI Layer

Non-AI

Keywords

subsea desalinationhydrostatic pressure desalinationfreshwater productiondeep sea desalinationreverse osmosislow-energy desalinationwater techmunicipal water supplysustainable watermodular desalination systemswater infrastructurebuild-own-operateBOOindustrial water supplybrine discharge reductionsubsea engineeringfreshwater as a serviceclimate tech

Historical Pricing

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Caplight Momentum Score

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Flocean AS Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Flocean AS Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Series A ExtensionNov 18, 2025
Series ADec 11, 2024

Key People

Founding team and executive leadership

Alexander Fuglesang

Chief Executive Officer

Executive Team

Birgitte Lind-Hjertum

CFO

Executive Team

Flocean AS Investors

Notable investors and investment history

InvestorRounds
Burnt Island VenturesSeries A Extension, Series A
RypplesSeries A Extension
Freebird CapitalSeries A Extension
MP PensjonSeries A
Katapult OceanSeries A, Series A Extension
Asset Buyout PartnersSeries A Extension
Nysnø Climate InvestmentsSeries A Extension, Series A

Market signals

Structured signals derived from secondary market and firmographic data.

  • Mar 19, 2026

    Added Xylem Inc., a Water Technology company, as a customer.

  • Jan 18, 2026

    First commercial subsea desalination system expected December 31, 2026.

Flocean AS Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Flocean AS Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Flocean AS's valuation, stock price, and market status.

Firmographic Details

HeadquartersOslo
Employee Range20
Year Founded2024
Last FundingNov 18, 2025

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