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Flocean AS

Flocean AS

Private
OsloFrontier & Industrial Techhttps://www.flocean.green/

Last Round

Series A

Extension

Nov 18, 2025

Total Funding Raised

$45M

Momentum

Top 25%

of companies Caplight tracks

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

Frontier & Industrial Tech

Verticals

Water Treatment, Clean Manufacturing

Business Model

B2B

Customer Profile

Data as a Service, Services & Consulting, Hardware Sales

AI Layer

Non-AI

Keywords

desalinationwater as a servicesubsea desalinationreverse osmosisROwater infrastructuresustainable waterindustrial water treatmentblue techdeep sea techwater utilityofftake agreementbuild own operateBOOclean 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.

Flocean AS comps — public and private peers by 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

Data table
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

Flocean AS investors
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.

Data table
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 Range22
Year Founded2024
Last FundingNov 18, 2025

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